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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMoore: May through August has been 'the four biggest months of job creation' in US history
Economist Stephen Moore said Sunday that the past four months have been "the four biggest months of job creation" in U.S. history, growth that comes after widespread shutdowns amid the rise of the coronavirus pandemic in the spring.
"May, June, July and August have been the four biggest months of job creation in the history of the United States. We've regained over 10 million jobs in four months," Moore, a staunch Trump ally, said on John Catsimatidis's radio show on WABC 770 AM Sunday.
The Labor Department reported Friday that the U.S. added 1.4 million jobs in August and the unemployment rate declined to 8.4 percent from 10.2 percent in July.
"I don't think anybody saw this happening four months ago .... [Democratic presidential nominee] Joe Biden ... doesn't quite know what to say in response to these very good numbers," Moore said.
https://www.msn.com/en-us/news/politics/moore-may-through-august-has-been-the-four-biggest-months-of-job-creation-in-us-history/ar-BB18KS7F?li=BBnb7Kz
Moore you fucking idiot. Those are for the most part the people who stayed home because of the pandemic. Very few new jobs were created.
smirkymonkey
(63,221 posts)2naSalit
(86,579 posts)Geeze, like we don't know what's going on.
smirkymonkey
(63,221 posts)2naSalit
(86,579 posts)madaboutharry
(40,209 posts)People who dont understand 3rd grade math.
OAITW r.2.0
(24,467 posts)Only the stupid would believe this.
Thekaspervote
(32,762 posts)Sure... go ahead spin that buddy.
When we begin to see many of the jobs lost are permanently gone, as in never to be recovered....What ya gonna say?
Eliot Rosewater
(31,109 posts)still_one
(92,187 posts)tishaLA
(14,176 posts)Wounded Bear
(58,648 posts)just people going back to work after the covid shutdown.
Demsrule86
(68,556 posts)airlines, manufacturing,business, retail...everywhere.
FloridaBlues
(4,008 posts)Demsrule86
(68,556 posts)worker jobs, and changed how unemployment was calculated. Do they think we are stupid...the economy is on layoff and all fear losing their jobs now...many furloughs are now permanent job losses...
gulliver
(13,180 posts)I used to be willing to watch him and here is point of view on Bill Maher. I thought it was always dumb and manipulative, but I like to have someone to boo. Now I see Stephen Moore as just another Trump enabler. The schtick isn't funny when done in the service of someone who wants to turn the United States into a Russia-like, mob-run dictatorship.
ProfessorGAC
(65,010 posts)Regained jobs are not the result of growth. They already existed.
What a dunce!
Of course, his organization is Club for Growth, so it's obvious they don't know what growth is.
FloridaBlues
(4,008 posts)Newest Reality
(12,712 posts)If Moore keeps spinning so fast like that, he is bound to get dizzy and puke.
yonder
(9,664 posts)labor day weekend, a day off, hell why not add coming back from lunch break as a new job too?
Make7
(8,543 posts)2020 - BLS non-farm employment total (seasonally adjusted)
Jan 152,212,000
Feb 152,463,000
Mar 151,090,000
Apr 130,303,000
May 133,028,000
Jun 137,809,000
Jul 139,543,000
Aug 140,914,000
Up 10,611,000 jobs from April less than half of the number that were furloughed.
ChoppinBroccoli
(3,784 posts)This is an UNPRECEDENTED amount of bailing! SOOOOOO much water is being bailed out!
Cicada
(4,533 posts)Your business loses $50 million in April then makes $10 million in the summer. Is that a good thing?
SammyWinstonJack
(44,130 posts)spanone
(135,830 posts)Klaralven
(7,510 posts)Manufacturers of paper goods, hand sanitizer, various cleaning supplies, Plexiglas and Lexan, etc. must be running their factories flat out.
There are also a lot of hires by supermarkets for picking customer orders and delivery services. Same with delivery from restaurants.
PCs, laptops, Chromebooks, pads, and software and services to support them, as well as online business collaboration and online educational services must be booming.
Online retail companies in general, not just Amazon, are doing well. Etsy was just added to the S&P 500.