Search

JUNE 07, 2020

UNEMPLOYMENT, JOBS NUMBERS PROVE ECONOMY IS REBOUNDING. HERE'S HOW TO KEEP IT GOING: STEVE FORBES

-Friday's unemployment numbers prove America is not down for the count, by any means.

-As the naysayers, detractors and liberal politicians smugly waited for what was predicted to be the worst jobless report since the Great Depression, the U.S. economy rebounded with a bang in May, producing an increase of 2.5 million jobs and sending the unemployment rate down to 13.3 percent, in spite of the numerous virus-related restrictions and shutdowns that continue to hamper businesses.

In the Household Survey, which better measures hiring by new businesses, the number of jobs, 3.8 million, was even more impressive.

-America is not down for the count by any means.


CUOMO ACCELERATES REOPENING PLANS AS CORONAVIRUS PANDEEMIC RECEEDS

-As new infections and hospitalizations in New York fall to the lowest levels since the start of the COVID-19 pandemic, state officials are easing restrictions and accelerating reopening for some businesses and activities.

-In the past week, the state has accelerated a limited reopening for restaurants and bars, houses of worship, barbershops and hair salons. The state has also allowed in-person special education services and instruction in school districts for the summer term. And summer day camps can reopen statewide June 29.

-Gov. Andrew Cuomo yesterday signed an executive order clarifying his announcement on Wednesday that outdoor dining would be allowed at restaurants and bars in regions of the state that have entered Phase Two of the four-phase New York Forward reopening plan.

0 views