The jobs report was good. The US economy is still a mess.
- Date: 08-Aug-2020
- Source: Markets Insider
- Sector:Economy
- Country:Middle East
The jobs report was good. The US economy is still a mess.
This weekend's Sturgis motorcycle rally is expected to attract 250,000 people. Most of the 7,000 residents of the South Dakota town want it postponed over Covid, but it's going forward, and the usual huge crowds are expected.
US economy added 1.8 million jobs in July, beating expectations. The unemployment rate declined nearly a point to 10.2%. (More below).
Negotiations are stalled over the pandemic relief bill. A week after the expiration of unemployment
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