fbpx
No Result
View All Result
The Liberty Loft
  • Home
  • Podcasts
    • The Closet Conservative Podcast
    • A Conservative View from New Hampshire
    • Politically Insane
    • The Right of Center Podcast
  • About Us
    • About Us
    • Our Team
    • Contact
    • Advertising
    • Find Us Online
  • Submit
  • Work with us!
Newsletter
No Result
View All Result
The Liberty Loft
Sign Up

US adds more jobs in June as reopening continues to help economy

by The Liberty Loft Editorial Board
July 2, 2020
in Current Events, Economy
Unemployment, June, jobs, economy,

Charlotte, NC – Unemployment numbers fell for a second straight month following the coronavirus shut downs. The US added jobs in May and followed that up by adding 4.8 million more jobs in the month of June. This brings US unemployment down to 11.1 %.

Across the media, stories were focused on initial jobless claims, rather than the good news of the June report. The economic reports continue to look good for the United States, even as coronavirus concerns linger. For example, ADP Research Institute and Moody’s Analytics both reported that private employers added approximately 2.4 million employees to their payrolls in June.

While the news continues to improve for the economy, there are still over 19 million Americans on insured unemployment according to the US Labor Department. The latest unemployment claims were released on Thursday,  showing that over 1.4 million people signed up for unemployment last week.

Unemployment Insurance Weekly Claims

Initial claims were 1,427,000 for the week ending 6/27 (-55,000).

Insured unemployment was 19,290,000 for the week ending 6/20 (+59,000).https://t.co/ys7Eg5LKAW

— U.S. Department of Labor (@USDOL) July 2, 2020

While the economic information should be a boost for confidence, the eyes of Congress is focused on a new coronavirus stimulus plan. President Trump, Democrats, and Republicans have all released a wide array of proposals for a new aid plan. It is expected a new plan would be proposed by end of the year.

One of the major points of this new plan would be a bonus to Americans to encourage them to go back to work. Many feel that the workforce has been encouraged not to seek work due to the expanded unemployment benefits included as part of the Cares Act.

Stay tuned to The Liberty Loft as we keep you up to date on the latest developments in the situation. Be sure to subscribe to The Liberty Loft’s daily newsletter. If you enjoy our content, please consider donating to support The Liberty Loft so we can continue to deliver great content.

Loading
Share with others!
Next Post
Christianity

Is Christianity a religion of white supremacists?

Comments 5

  1. sbobet says:
    2 months ago

    935331 33527Its always good to learn suggestions like you share for blog posting. As I just started posting comments for weblog and facing difficulty of lots of rejections. I think your suggestion would be useful for me. I will let you know if its function for me too. 512707

  2. burnley escorts says:
    3 months ago

    643446 908613Very good design and style and wonderful topic matter, very small else we want : D. 808899

  3. sbobet says:
    3 months ago

    473206 163244Hey there! Someone in my Myspace group shared this site with us so I came to take a appear. Im surely enjoying the information. Im bookmarking and will probably be tweeting this to my followers! Excellent weblog and outstanding style and design. 935003

  4. Kimber Firearms For Sale says:
    3 months ago

    329097 993648You should take part in a contest for among the best blogs on the web. I will suggest this internet web site! 286387

  5. maxbet says:
    4 months ago

    319176 726343We clean up on completion. This could sound obvious but not several a plumber in Sydney does. We wear uniforms and always treat your home or office with respect. 778795

Leave a Reply

Your email address will not be published. Required fields are marked *

Devotionals from Another Well Ministries

The mystery before our eyes
The mystery before our eyes

No matter where you look in life, you will never find true happiness outside of Jesus Christ. [...]

Making your life count!
Making your life count!

Instead of being consumed by the things of this world, our lives should be consumed by our efforts to live for God! [...]

A God who sends comfort to those in need
A God who sends comfort to those in need

Don't give up hope. We serve a God of comfort, and He knows exactly what you need! [...]

The Liberty Loft

© 2022 The Liberty Loft

Navigate Site

  • Home
  • Podcasts
  • Privacy Policy

Follow Us

No Result
View All Result
  • Home
  • Podcasts
    • A Conservative View from New Hampshire
    • The Closet Conservative Podcast
    • Politically Insane
    • The Right of Center Podcast
  • About Us
    • Our Team
    • Contact
    • Advertising
    • Find Us Online
  • Newsletter
  • Submit
  • Work with us!

© 2022 The Liberty Loft