On MSNBC’s Morning Joe today, Steven Rattner presented charts documenting the disproportionate toll the corona crisis is taking on certain workers, particularly the less educated, the young and Americans of color. As joblessness continues to pervade our economy, some Americans are faring better than others. In particular, the less educated, the younger workers and people […]
On MSNBC’s Morning Joe today, Steven Rattner explained that despite positive jobs figures, trouble may be brewing for the economic recovery as rising COVID cases prompt renewed shutdowns. Thursday’s Labor Department report showed that June was another month of positive news on the employment front – 4.8 million jobs added and a fall in the […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing how an already slow improvement in labor market is facing new challenges from the upsurge in virus cases. On Thursday, the Department of Labor reported another agonizingly slow improvement in the jobs market last week as the nation’s economy struggles to emerge from the Covid-19 […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts explaining how the stronger-than-expected job gain in May was heavily due to Washington’s swift and massive implementation of stimulus. As economists have digested Friday’s surprising jobs numbers, the consensus conclusion as to the biggest reason for the positive news centers around the massive and quick stimulus […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing that while there are tentative signs of a turn in the labor market, the recovery will be years in the making – and for sure won’t come in time for the elections in November. As businesses begin to reopen across America, television and newspaper headlines […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing how Georgia’s early state re-opening has not translated into a rebound of economic activity. Data is now arriving from states like Georgia that reopened early and to the surprise of many, infection rates have generally not trended upward. That’s because Georgians (and residents of other […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts detailing how the rapid deterioration in employment has disproportionately hit women, low income workers and minorities. With much of the country still shut down and little visibility as to when that will end, economists have been ratcheting up their forecasts for unemployment as new data shows […]
On MSNBC’s Morning Joe today, Steven Rattner reviewed the latest employment figures which revealed broad-based losses in April with low-income workers and small firms hit especially hard. While Friday will bring the most significant economic indicator since COVID-19 struck – the April jobs announcement – the employment report yesterday by payrolls processor ADP provided some […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts detailing the impact that coronavirus has had on the economy. Even if stay-at-home policies ease, conditions are unlikely to return to pre-crisis levels anytime soon. Americans need to understand that even if the remain-in-place policies are eased, the economy is unlikely to snap back to anything […]
On MSNBC’s Morning Joe today, Steven Rattner presented charts showing how the coronavirus crisis has rocked financial markets and re-ignited recession fears. Stock markets plunged, oil prices collapsed and bond yields fell to new record lows – all in response to the spreading of the coronavirus. It was the worst day on Wall Street since […]
