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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBREAKING: Economy picked up 559,000 jobs in May as the recovery from the pandemic continued
👍🏼 Go Joe!
The U.S. economy added 559,000 jobs in May, the latest sign of a strengthening recovery as vaccinations rise and covid restrictions ease nationwide.
The unemployment rate dropped slightly from 6.1 percent to 5.8 percent.
The report comes on the heels of a disappointing month of gains in April, when the economy added just 266,000 jobs.
The country still has more than seven million less people employed than it did in February 2020, and needs to regain those jobs at an accelerated rate to make a full recovery by sometime next year.
The unemployment rate dropped slightly from 6.1 percent to 5.8 percent.
The report comes on the heels of a disappointing month of gains in April, when the economy added just 266,000 jobs.
The country still has more than seven million less people employed than it did in February 2020, and needs to regain those jobs at an accelerated rate to make a full recovery by sometime next year.
**PayWall**https://www.washingtonpost.com/business/2021/06/04/jobs-report-may-unemployment-shortage/
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BREAKING: Economy picked up 559,000 jobs in May as the recovery from the pandemic continued (Original Post)
spanone
Jun 2021
OP
Johnny2X2X
(19,101 posts)1. Wage growth is outstanding right now
Average hourly rate rose 15 cents and hour in May after 21 cents an hour in April. Those are blowout numbers and what working people want to see most.
Norbert
(6,040 posts)2. We have several companies in our area offering a $17-$18/hr starting wage
One company a former coworker is employed is begging for people in there operations and warehousing dept. Not Amazon but they are located about 5 minutes away from an Amazon. This is a far cry from 12 years ago when your resume must meet at least 90% of the job requirements.
I think this is just a start of better news on the economy and employment.
Peppertoo
(435 posts)3. Thank you President Biden.
tclambert
(11,087 posts)4. Yet Republicans still complain that "no one wants to come back to work."
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