"I would say today's jobs report was a good one," he said."Through May and June, we got quite a few people back to work."
"We think that the economy's going to need low interest rates, which support economic activity, for an extended period of time," he said."It will be measured in years." Powell also said that following social distancing guidelines and wearing masks is essential to controlling the virus and getting the country back to full employment.
Jay Powell is nuts thinking that pursuing a policy of inflation is good for the economy. Inflation destroys the purchasing power the dollar. Jay Powell is pursuing a policy of theft.
Your full of it n95 only mask that makes a major difference besides if wearing the mask was a major all these covid cases wouldnt exist just wash your hands keep your nasty mits away from your face
inskeep
wear a mask.
I’ll wear a mask every day for the rest of my life if that’s what it takes to abolish the Federal Reserve.
inskeep Masks...like wear them six months ago
inskeep This is people going back to old jobs. Not new job creation. Jesus
Thanks for turning CD's into sh*t...
OK, I must be missing something, this is not job growth this is people returning to work...right. am serious.
Does this take into account people who have been out of work for months who would no longer count on unemployment?
Again. What kind of jobs? Gig work or part time without benefits? On paper, lower unemployment looks great. But factor in health risks and living wages. Damn. Ok rant over.
Since the majority of these jobs are people who were furloughed or laid off due to Covid, how many of these jobs are actually new?
Masks should not be mandated. People on the autism spectrum often experience panic attacks or other extreme reactions to things on their face. Victims of sexual assault or kidnapping may suffer from PTSD when there is a covering over their mouth.
Once again president daddy Trump doing better than anybody expected
it is just people going back to their old job, at reduced wages.
Sigh... If that's the motivation it takes...
Can Powell explain why the Fed is buying corporate debt, when so much of that debt is used by companies not for payroll/investment, but stock buybacks that benefit senior officers?
Wear masks, huh? Novel idea.
'to help the economy'
Terrible headline, this isn’t growth it’s people getting back to work. Do better.
Most people I know have been let go, laid off or are receiving a reduced salary. I'm lucky (?) enough to be in the 3rd category.
Liar, mask I agree but the growth is slow
Abysmal Low paying jobs I’m sure, what’s new? 🙄
That includes our idiot politicians on both sides to wear masks..
Shocker!! better than expected. In other words federal agencies slightly tweaked the numbers to make it betterthanexpected. It's not a Depression. It's more like a deep prolonged recession. Thanks ! You're the Pravda of the Wealthy-Communist Zionist Donor Class.
Is it job growth or people get called back to the jobs they were laid off from?
Shouldn't this be the time some politicians start calling for austerity?
not going to die for the economy sorry and gfy.
He needs to talk to his boss who continues to have meetings without wearing a mask and then goes on national news and makes fun of Joe Biden for wearing one
Trumpers are exempt. They think some sky daddy is protecting them.
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