Economist discusses the June Jobs report and the outlook for the economy

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Economist discusses the June Jobs report and the outlook for the economy 4.5
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Joe Brusuelas, Chief economist at RSM, joins The First trade to discuss the June Jobs Report and what it means for the economy moving forward.
#JuneJobsreport #Jobsreport #recession

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💬 Comments on the video
Author

Thank you for addressing the elephant in the room: much of this data has been a reflection of 8-week PPP loans. My employer just finished this period, and now I am experiencing insufficient income for the very first time, having exhausted the surpluses of my 3 weeks on unemployment stimulus. My hard times have only begun.

Author — Megan Bennett

Author

We are in a Bull market or BS market or FED market 🤔

Author — Jay M

Author

All of those jobs are covid19 tracer jobs and IRS help.

Author — Poly Max Extremes

Author

These were not new jobs but people who returned to work. There are still 44 million people out of work, not including the homeless.

Author — michael dillard

Author

Every job gained in June is just a sacrifice to covid for the economy, 'employees' are worth less than slaves and the government will throw as many lives as they can at the virus to keep the economy afloat on the bubble the fed is creating using the citizens future.

Author — James Straus

Author

Good for the people who found jobs, not enough for Mr Trump, having destroyed 34m jobs he does not get a pass from businesses clawing back 5m.

Author — Antony Smyth