Trump brags about unemployment rate lowering despite his failure to control the coronavirus. |
The jobs report for the month of July shows that 1.8 million non-farm payrolls were added. That lowers the unemployment rate to 10.2%.
With nearly 35 million Americans out of work with over 12.9 jobs eliminated, the jobs report is still not good.
It was the third-straight month of improvement after the spring lockdown that decimated the labor market, and the July job gain exceeded economists' expectations. Even so, it was far fewer than the 4.8 million jobs added in June.
Since the pandemic hit, the government has struggled to count the enormous number of people who are out of work. That's in part because it has been increasingly difficult for workers themselves to discern whether they have been temporarily laid off or employed but not at work.
The share of misclassified responses was smaller in June and July than in the months before, the BLS said. Including the misclassified workers, the July unemployment rate would have been about one percentage point higher than reported.
The reopening of the economy and a resurgence in COVID-19 infections in some states, paired with business and individuals running out of federal aid, has created a unique set of conditions for the jobs market.
Reminder: We are living in a country of 334.9 million Americans. We have 50 states, five U.S. territories and the District of Columbia. Of those 1.8 million jobs, where are these job going to?
The coronavirus has already killed over 200,000 Americans. We have over 5.3 million confirmed case of people being infected. So obviously, hiring to replace the dead is needed.
We have lost probably over 56,000 Americans to gun violence.
Companies like Chuck E Cheese, AMC Movie Theaters, Sears Holdings, Lord & Taylor, JCPenney, Men's Wearhouse, American Eagle, Gap, Inc., Golden Corral and Steak 'N Shake are going to eventually go out of business.
They have either failed or is in the process of filing for bankruptcy.
African American unemployment is the highest in modern history. The job rate for Blacks is 14.6%
Many Americans are not willing to "find something new." They were happy at their current or previous jobs before COVID-19.
Great Jobs Numbers!— Donald J. Trump (@realDonaldTrump) August 7, 2020
Donald J. Trump has openly bragged about the jobs numbers whenever they're good.
Now many believe the numbers will be adjusted to benefit Trump's slumping polls numbers. Because obviously, the job growth has indeed slowed down. Trump has banked his reelection chances on a strong economy.
With the global pandemic putting a damper on most economic successes, Trump is desperate to win and he's using foreign operatives, a mentally-ill entertainer and the great culture war to woo voters.
Let's get this straight: The coronavirus has spiked in 43 states, Puerto Rico and the District of Columbia. The pandemic has many of the states in the South and West reissuing partial shutdowns and restrictions. Many Republican governors are slowly demanding citizens to adhere to shutdown orders and facial mask protection.
Despite all that we just want to let you know that jobs are still being lost.
The junk food media has the notion that Democrats and Republicans can't pass an extension to the CARES Act. The Democratic-controlled House of Representatives has passed their version of the law. The Republican-controlled Senate has signalled they're not willing to help replenish the CARES Act.
Biden will select his running mate by the weekend. |
Yes, we made more motherfucking money with unemployment but the risk of returning to work with no proper safety measures and going on "blind faith" is practically dangerous and downright immoral.
I am going to say that Trump has a 48.4% chance of winning.
He still is very unpopular and his legacy will be marred in controversy.
The map has changed in the 2020 race to the White House.
Trump has been openly feuding with infectious disease specialist Dr. Anthony Fucci. Trump has continuously promise that a vaccine will be out by the end of the year. Fucci disputes the notion that a vaccine is available by then.
Face masks are now political. Fucci is warning Americans that not wearing protection and not taking the coronavirus will lead to spike in deaths. Trump vows to keep the country open despite the likelihood there's a second wave.
The global economy is struggling. Some believe that the stock market's improvements show that the economy isn't in free fall. Trust me, if you're not aware, the economy is nosediving fast.
Protests continue in Portland. |
Trump has called himself the "law and order" president. He demanded governors to stop protesters from vandalizing, looting, attacking cops and counter-protesters. He also is going to issue an executive order to make it a mandatory 10-years for destroying a historical statue.
Trump is facing a pandemic, economic crisis, civil unrest and political chaos.
Here's the U.S. map of the coronavirus spread courtesy of the John Hopkins University.
Things that make you go hmmm....!
1. Donald J. Trump becomes the third U.S. President to be impeached while in office. He escapes being removed from office by the U.S. Senate. The Senate rejects witnesses and evidence. They quickly acquitted Trump. The trial offered extensive evidence. Republicans weren't convinced by the evidence and voted to acquit him. This acquittal assures Trump will ask for help from foreign entities yet again. There are allegations that Trump either deliberately ignored the daily presidential briefing about the Russian government handing out money to the Taliban in exchange for the deaths of American soldiers. Trump is still trying to get the federation president Vladimir Putin into the G7 Summit. Putin has gain a victory this week when voters approved extending his term limits past the usual six years. He could be president for life. Trump has denied knowing Russia placing bounties on American troops and called it fake news. Republicans are trying to get entertainer Kanye West on the ballot in states that Biden needs to win. The entertainer admits he's trying to be a spoiler. Trump has called Black Lives Matter a "marxist group and terrorists." He has ordered federal agents to Portland, Chicago, Kansas City and Washington, DC. He also has threatened social media giants Facebook, Twitter and TikTok. Trump has demanded that TikTok be sold to an American technology company. Facebook has pulled over 1,000 accounts based out of Romania, Thailand and Russia. "Blacks for Trump" pages and the Russian-propaganda site Epoch Times pushed misinformation and phishing accounts.
2. Joe Biden is the presumptive Democratic nominee. He has clinched the needed amount of delegates to become the nominee. He is has 89% of Democratic support. The former vice president has slowly started campaigning and is wearing a face mask to troll Trump. He is counting on Barack Obama, Hillary Clinton and disgruntled Republicans to help motivate voters. Tara Reade, the woman who claims Biden sexually assaulted her in the U.S. Capitol has lost her lawyer and could be in serious trouble in California. Trump is trying to seize on Biden's remarks towards people of color. Republicans and leftists are trying to distract Americans with the tiff-for-tact gaffes Biden made. Biden is vetting six women who could emerge as a running mate. Four of the potential picks are women of color. The Trump campaign's "You Ain't Black" failed due to the George Floyd protests. Now, Trump is calling Biden, "senile" and "corrupt." His son Donald Trump, Jr. was temporarily blocked from Twitter after he posted misinformation on COVID-19 and voting. The Republicans are still trying with the "Creepy Joe" persona. The "Sleepy Joe" persona isn't really motivating voters to go against a person that is pretty much squeaky clean. The Trump campaign and some leftists are trying the cognitive decline conspiracy theory as their only hope to keep Biden from winning. Note: they are not doctors.
Lord & Taylor filed for bankruptcy this month. |
4. Brick and mortar stores are shuttering in suburbia. Chuck E Cheese, Lord & Taylor, Men's Warehouse, J. Crew and Neiman Marcus have filed for bankruptcy. Papyrus, Modell's Sporting Goods and Art Van Furniture are going out of business and plan on liquidating their businesses. JCPenney, Macy's, Forever 21, Hallmark, Jo Ann Fabrics, Kmart and Sears are on death kneel. Walgreens, Walmart, Kroger are closing stores. Walmart and Kroger are no longer operating stores on a 24-hour format. The Waffle House, a longtime restaurant establishment that never closes has over 549 locations in the country still closed due to the coronavirus. The coronavirus has changed the dynamic of operations in superstores. They are closing stores at 8:30pm, midnight and 1am to eliminate workers. Dunkin (Donuts) are closing over 800 stores in the United States. Tim Hortons is closing 400 stores in the United States. Steak 'N Shake are closing over 125 stores in the United States. McDonald's is closing 300 stores in the United States. Walgreens is closing over 200 stores.
5. No one is seeing the results of the Job and Tax Cuts Act and the Coronavirus Aid, Relief and Economic Security Act. The Trump Tax Cuts and CARES Act hasn't really improved Americans lives. Congress is still trying to pass more legislation that helps those in the luxury and hospitality industry. Casinos, luxury cruise lines, airlines, hotels and sporting events were the most affected by the coronavirus.
6. Folks affected by COVID-19 are not working. Those who have worked a full-time job or multiple jobs are now forced off because of state order shutdowns. Some have worked one or more jobs to stay afloat. Conservatives have claimed that Americans who use the safety net are lazy. They now see the impact of Americans being laid off from their jobs (at no fault of their own). They still are trying to make the argument that folks who are now getting these checks are going to demand more. A measly $1,200 isn't going to help Americans spend. It's going to help them one time with bills and rent. They don't realize that many Americans are working more than 40 hours and are often staying longer hours or working a second job to pay rent, mortgage or vehicle expenses. Insurance rates are up due to Trump rolling back regulations, eliminating the insurance mandate of the Affordable Care Act, and private insurance companies aren't paying for natural disasters and human based disasters.
7. Trump and his administration are doing subliminal cuts to food stamps, housing credits and disaster relief. The Supreme Court ruled in favor of the Trump administration in their attempts to cut the safety net from immigrants who have American born children and working class families who are struggling to find food in area affected by food deserts, blight and natural disasters.
8. Trump has called for sanctions on China. He accused China and the World Health Organization of lying to the world about the impact of the coronavirus. China has warned the U.S. that they will walk away from the trade deal and ban American imports. China is siding with Iran. The Islamic Republic of Iran hasn't forgotten the airstrike that killed General Qasem Soleimani. They are petitioning the United Nations to launch a criminal indictment against Trump, Mike Pence, Mike Pompeo and Mark Esper. There is tension between North Korea and South Korea. The North has cut formal negotiations with the South and Trump. The secretive country has been grooming Kim Jong-un's sister Kim Yo-jong to lead if he does step down.
9. Trump will now have a virtual Republican National Convention. The Republicans were going to host their convention in Charlotte. North Carolina governor Roy Cooper warned that hosting a large gathering could spike COVID-19. Trump got upset and pulled the convention out of Charlotte. He moved the convention to Jacksonville. But due to the rise of COVID-19, the city of Jacksonville decided that hosting a rally would be dangerous. The largest city in the state is experiencing the highest amount of infections by far. Gov. Ron DeSantis, the controversial governor conceded that having a convention in his state would cause a spike in the COVID-19 cases. The Democrats are going to host virtual convention as well. That means there's going to be a virtual convention and Joe Biden accept his nomination in Wilmington, Delaware. He no longer will travel to Milwaukee to accept the nomination. He will pick his female running mate in the coming days. The state of Wisconsin seen a 50% increase in coronavirus infections,
10. Due to the rise in COVID-19 cases, Canada, the United Kingdom, Australia, the European Union and Japan have temporarily banned Americans from entry.
Nonetheless, some will conclude that Trump's economy is great. We keep hearing the same old tired talking points about tax cuts, raising taxes on the rich and fixing roads and bridges. The same old shit but from a different face.
Los Angeles warned residents that resources will be cut off if they host large gatherings. The infamous party in Los Angeles ended with a woman being shot and killed. |
No one can wait forever for changes. Congress is made up of old, white and well off politicians.
Food prices, energy prices, rent, city services and college education have risen. With folks not working, the fears of being thrown on the street are live and direct. Folks are struggling to make ends meet as well as landlords, mortgage brokers and those who need the money to repair facilities.
Unemployment rates by the numbers. Note: American Samoa has data from 2018. Northern Mariana Islands is by far the highest in the nation due to the fact their unemployment was up since 2016.
Rank | Rank (50 states) | State federal district or territory | Unemployment rate (seasonally adjusted) | Monthly change (%) (=drop in unemployment) |
---|---|---|---|---|
1 | 1 | Nevada | 28.2% | 21.9 |
2 | 2 | Michigan | 22.7% | 18.6 |
3 | 3 | Hawaii | 22.3% | 19.7 |
4 | 4 | Rhode Island | 17% | 12.4 |
5 | 5 | Indiana | 16.9% | 13.7 |
6 | 6 | Ohio | 16.8% | 11.3 |
7 | 7 | Illinois | 16.4% | 11.8 |
8 | 8 | New Hampshire | 16.3% | 13.7 |
9 | 9 | Vermont | 15.6% | 12.4 |
10 | 10 | California | 15.5% | 10.2 |
11 | 11 | Kentucky | 15.4% | 9.6 |
11 | 11 | Mississippi | 15.4% | 10.1 |
11 | 11 | Washington | 15.4% | 10.3 |
14 | 14 | New Jersey | 15.3% | 11.5 |
15 | 15 | West Virginia | 15.2% | 9.1 |
16 | 16 | Massachusetts | 15.1% | 12.2 |
16 | 16 | Pennsylvania | 15.1% | 9.1 |
18 | 18 | Tennessee | 14.7% | 11.2 |
19 | 19 | Louisiana | 14.5% | 7.6 |
19 | 19 | New York | 14.5% | 10 |
21 | 21 | Delaware | 14.3% | 9.2 |
22 | 22 | Oregon | 14.2% | 10.9 |
23 | 23 | Wisconsin | 14.1% | 10.7 |
24 | 24 | Oklahoma | 13.7% | 10.6 |
25 | 25 | Alabama | 12.9% | 9.4 |
25 | 25 | Alaska | 12.9% | 7.3 |
25 | 25 | Florida | 12.9% | 8.6 |
28 | 28 | Texas | 12.8% | 8.1 |
29 | 29 | Arizona | 12.6% | 7.1 |
30 | 30 | North Carolina | 12.2% | 7.8 |
31 | 31 | South Carolina | 12.1% | 9.5 |
32 | 32 | Georgia | 11.9% | 7.7 |
33 | 33 | Idaho | 11.5% | 8.9 |
34 | — | American Samoa | 11.4%[5] | — |
35 | 34 | Colorado | 11.3% | 6.8 |
35 | 34 | Montana | 11.3% | 7.8 |
35 | 34 | New Mexico | 11.3% | 5.4 |
38 | 37 | Kansas | 11.2% | 8.1 |
— | — | Northern Mariana Islands[6] | 11.2% | — |
39 | — | District of Columbia | 11.1% | 5.1 |
40 | 38 | Maine | 10.6% | 7.4 |
40 | 38 | Virginia | 10.6% | 7.3 |
42 | 40 | Arkansas | 10.2% | 5.4 |
42 | 40 | Iowa | 10.2% | 6.5 |
42 | 40 | South Dakota | 10.2% | 6.9 |
45 | 43 | Maryland | 9.9% | 6.6 |
46 | 44 | Missouri | 9.7% | 5.2 |
46 | 44 | Utah | 9.7% | 6.1 |
48 | 46 | Wyoming | 9.2% | 5.5 |
49 | — | Puerto Rico[7] | 8.8% | 0.1 |
50 | 47 | North Dakota | 8.5% | 6.3 |
51 | 48 | Nebraska | 8.3% | 4.1 |
52 | 49 | Minnesota | 8.1% | 5 |
53 | 50 | Connecticut | 7.9% | 4.2 |
54 | — | Virgin Islands[8] | 5.2% | 0.1 |
55 | — | Guam[9] | 3.6% | 1.0 |
1. DEAD
2. BORN
3. IN PRISON
4. IN PRIMARY SCHOOL
5. IN MIDDLE SCHOOL
6. IN HIGH SCHOOL
7. IN COLLEGE NOT LOOKING
8. VOLUNTEER
9. DISABLED
10. STAY AT HOME PARENT
11. RETIRED
12. QUIT ON THEIR OWN
13. NOT HIRING QUALIFIED
14. NATURAL DISASTERS
15. ACTIVE MILITARY
16. NOT HIRING TOO QUALIFIED
17. LAID OFF
18. FIRED FROM THE JOB
19. DESTRUCTION TO FACILITY
20. OUTSOURCING
21. IMMIGRANTS TOO AFRAID OF BEING DETAINED BY I.C.E.
22. SHAMED BY SOCIAL MEDIA
Let me remind you, that Trump and Republicans believe rolling back regulations and austerity are the key factors to a strong economy and job market. The Republicans are not in control of the House of Representatives. The Democrats now control the House and will push for an agenda that Trump will likely oppose. Republicans in the Senate will continue to pass ridiculous laws that hurt the working class and middle class. They are already streamlining federal judges that could rollback years of progress.
With Republicans trying to dismantle the Affordable Care Act, many of Trump's die hard supporters are going to get a culture shock when they find out their health coverage from their employer is terminated due to the coronavirus and states pulling out of the Healthcare Marketplace.
The Jobs and Tax Cut Act and the Coronavirus Aid, Relief, and Economic Security Act has added trillions of dollars of debt to the economy. The results of the tax cuts haven't produced the stability. It's still considered a very unpopular law.
Trump is destroying the economy, causing uncertainty in world and is bring chaos wherever he lands.
There is nothing positive about him and the Republican Party.