excellent question. it is unclear if we re going to meet that goal. you ll recall earlier president biden set other vaccination goals and those were met quite easily. he set pretty realistic goals but this one is there s really a question mark. let s take a look at biden s goal. he wants 70% of u.s. adults to have at least one dose by july 1. that s his goal. 70% by july 4th. currently, it s only 62.8. so he s got a little bit of a ways to go in about a month. and now let s take a look at how those vaccination rates are looking. it is not great. they are just going down, down, down. and will it be enough? we re just not sure. but what we re seeing is that the vaccine enthusiastic already got their shots. now it s the slog of convincing people who aren t so enthusiastic to get a shot. we know that 2 out of 10 americans have said, you know what? look. i just don t want to get it or i ll only get it if you force
next month. construction and health care were upside standouts. they added the most jobs. the retail side of things showed a job loss of 7,000 jobs across the country for the month of may. labor force participation, the measure of people out there trying to find work or are working stays steady at 62.8% and then the underemployment rate, this is what some consider the real rate of unemployment. those actually lower to 7.1%. it was 7.3%. bottom line, willie, overall payroll gains for this whole year to date so far in 2019, 164,000 jobs a month, that s a slowdown of 223,000 jobs a month as it was on average in 2018. those are the highlights. back over to you. okay. thanks so much. steve, 75,000 not a good number on its own but also not a
management rate is now the lowest it has been this millennium. 3.9 percent. this has not been done in a long time. 164,000 jobs were added last month. even though investors and business owners are holding their breath we ll see what happens with tariffs. now i think they re waiting to see what will happen on trade because we will have some incredible trade deals. in china today for negotiations with chinese counterparts, treasury secretary, steve mnuchin offered optimism. but a bush era congressional budget director says this is the wrong way to get to 3.9 percent unemployment. this was because the labor force felt and participation dictate 62.8 percent. then there are democrats that claim that when good economic news comes that banks should be to obama.
in every report. they have only slowly ticked higher. people are dealing with inflation on the ground. auto numbers about, prices for cars and trucks going through the roof. anecdotally everywhere you go, if you get a haircut, ainsley, that is more expensive, right? brian: gas is going up too on top of that. gas is going up. they re seeing this, feeling it in the wallet. they want higher wages. steve: labor participation rate 62.8%. i don t know whether that is up or down from last time. you have to keep in mind the number of people who are no longer or working for one reason or another, a lot of people are retired. it is like, you know what any worked for the man long enough. i will sit on the beach. you know the good news, if you re one of the baby boomers who failed to save enough? you can work for money. they are desperate for experienced workers and employees, they can stay in the labor force. brian: if you re 80 and restless here is the opportunity. you will be 90 and restl
and labor force dipped to 62.8%. when good economic news comes, the thing should be to obama. if you think about what to the economy was like when obama took office and we were losing 750,000 jobs a month, and under his watch the unemployment rate dropped in half, and it is encouraging to see that we are continuing to make progress. terms economic team refers to look at the fine print in this report, like a black unemployment, down to its lowest point since the early 70s paid a 6.6%. the rate went down again, that his stance to demand hispanic unemployment rate is the lowest ever, and for teens and females, the lowest ever, a heck of a lot of good news. job support today, 2.6% boost to hourly paid compared to last year. but the payment to stormy daniels was all that most reporters asked the president abound and that was eating away