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
Facebook messages. Watch in depth with yuval levin on booktv on cspan2. Hi, everyone. My name is vanessa mendoza. Im an adjunct fellow at the Manhattan Institute and your host for the young leaders. I thank all of you for taking the time to tune into this event today, both are real members and angela membership. So sorry that we cant all be together in person, although i very much hope it will be sometime soon. But in the meantime its nice to connect this way and stay tuned. The Manhattan Institute is putting together a ton of virtual content that there would be rolling out over the next few months, so look in your in boxes for some information about those events coming to you shortly. In the interim im so pleased to welcome my guest Douglas Murray to our event this afternoon. Douglas is a journalist, and im sure many of you, if not all, have read his work work in thes of the wall street journal, the National Review or of course the spectator or hes an associate editor where he is ao a
Coming to you shortly. In the interim i am so pleased to welcome my guest Douglas Murray to our event this afternoon. Douglas is a journalist, and im sure many of you, if not all, have read his work on the pages of the wall street journal or National Review or of course in the spectator but hes an associate editor. Douglas is also an author most recently his 2019 book, the madness of crowds, and he was with us in person at the Manhattan Institute i think in early 2018 and that was just after the publication of this book, the strange death of europe. Douglas is a Formidable Political critic, and while he is an observer of all things uk and i think u. S. , im not sure that he knew the subject of both his most recent book and this one would come into play so much during this particular moment in time, but they have and its for that reason and many others that it is my pleasure to welcome you, douglas, to our event this afternoon. Thank you very much. Its a great pleasure to be with you an
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