Breaking911
@Breaking911
JUST IN: The U.S. economy added 266,000 jobs in April, far below the Wall Street consensus of 978,000; unemployment rate 6.1% - Reuters
8:43 AM · May 7, 2021

Mike Berg
@MikeKBerg
The April jobs report was so bad @CNBC had to double check the number to make sure they read it correctly.

Jeff Stein
@JStein_WaPo
The White House believes today's job reports illustrates the importance of providing robust unemployment support with millions of Americans still out of work, a senior administration official says
10:15 AM · May 7, 2021

The U.S. Chamber of Commerce, who frankly are getting what they paid for (they gave huge contributions to the Biden for President campaign), had the nerve to weigh in:

U.S. Chamber
@USChamber
“The disappointing jobs report makes it clear that paying people not to work is dampening what should be a stronger jobs market."

See the full statement from our EVP @NeilBradleyDC on this morning's @BLS_gov jobs report: https://bit.ly/3h98rbF

Jen O'Brien
@JenOBrien2
I work with small businesses. We’re open for biz since June. They can’t get people to work although they offer well above minimum wage. Many have had to reduce hours b/c of lack of staff. Now small biz is suffering b/c of perceived poor svc. Fed Govt is destroying small biz. //

This is not building anything back; it’s the slippery slope of an economic depression. What’s more, it’s a deliberate effort to tank the economy’s engine: small businesses and entrepreneurs. The U.S. Department of Labor Secretary actively attacking independent professionals, freelancers, and entrepreneurs is further confirmation that the Biden administration wants you dependent on government, not on your ingenuity and your ability to earn, grow, and build an enterprise. //

Eric Bott
@BottAFP
How is this surprising to anybody? The government is paying people to not work. What did they expect to happen?
10:28 AM · May 7, 2021

david spratt
@Oil_vampire
Worst take of the day @CNBC
" There's a labor shortage & labor demand shortage."

Neither is true, there's plenty of labor & demand, there's a people willing to work shortage
10:13 AM · May 7, 2021