Here’s an example of the due diligence given to the economy and jobs by the administration . . .
From Fox Business:
Payrolls increased by 88,000 last month following a revised 268,000 gain in February, with the disappointing report following two others this week that also cast a negative view on the labor market.
“We can now add the monthly employment report to the growing list of data points that simply haven’t met expectations,” Dan Greenhaus, chief global strategist at BTIG LLC in New York, said in emailed comments.
After falling 171 points, the Dow Jones Industrial Average (DJI) recovered the lions share of its losses to end at 14,565.25, down 0.3% for the session and 0.1% for the week.
Cartoon via The Patriot Post.
I was reading a Long Beach business newspaper while waiting for my oil to be changed, and unemployment in Long Beach is well over 12%.
I think the article said California unemployment was 11.5%.
Both the State and the Feds are on the hook for those numbers.