The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
Imagine you now need twice as much space per person. For the next three or four years people are going to be really uncomfortable about being in close offices. Woodruff all that and more on tonights pbs newshour. Major funding for the pbs newshour has been provided by life isnt a straight line, and sometimes you can find yourself heading in a new direction. Fidelity is here to help you work through the unexpected, with Financial Planning and advice for today, and tomorrow. Carnegie corporation of new york. Supporting innovations in education, democratic engagement, and the advancement of International Peace and security. At carnegie. Org. And with the ongoing support of these institutions and individuals. This program was made possible by the corporation for public broadcasting. And by contributions to your pbs station from viewers like you. Thank you. Woodruff the formal mourning has begun for the minneapolis man whose death touched off a torrent of national outrage. At the same time,
The. 5 million jobs to the economy in the month of may. The expectation was a loss of 8 million jobs. In fact, we had a growth in jobs, and the Unemployment Rate fell to 13. 3 . That is still in the double digits, but it is a lot better than an expectation of 20 unemployment by economists. So all in all, a much better than expected report. Joining me now so talk about this is the former jpmorgan chief economist, anthony chan. Great to have you this morning, your reaction to this jobs number. Its certainly encouraging. I think when we break it down, it really tells us that the brunt of the bad news on employment is probably behind us, but that doesnt mean that things are completely copesetic, because what you see in this employment report is virtually all the gains in jobs were due to those people that were laid off, on temporary layoff and now recalled back. When you look at the number of people that were not on temporary layoff, that category of unemployment has continued to move high
Something from a b. B. C. Article i read. A professor, clifford scott, from Peel University in u. K. Who has studies riots for many years, and this is a commonly understood scholarship about riots. They are a product of indactions largely to do with the nature of how police treat crowds. I would just repeat that the stress of police in riot gear was aggravating. Thats what made it scary. I was there. Thank you. Clerk thank you 23for you comments. Next speaker, please. Welcome, caller. Hi. My name is eric coller. Ive been a resident of San Francisco since december 2018, and i just want to say that it shouldnt take a week for me living in the city to know the violence of the sfpd and what actually keeps us safe. Its not a curfew. There was a black man shot at 4 00 a. M. Underneath my window. I woke up to cops screaming, stop or ill shoot. He wasnt armed, he wasnt doing anything. This is why people are out. This is why people are protesting. You dont need a curfew to stop it. A curfew isn