Far Better Than Expected – ADP Payroll Report For May Suggests Job Cuts Ending and Optimistic for Rebound…

Economic analysts had forecast another month of job losses around 9 million; however, the ADP payroll report shows a much better result with 2.76 million jobs lost in May. The surprising difference between expectations and results is giving increased hope a quicker rebound may be possible.

The ADP results were so much better than expected that White House economic advisor Kevin Hassett said he has to check the data twice.  The data was released while Hassett was in the middle of an interview with Maria Bartiromo on Fox Business.

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The key is getting rid of these nonsensical shut-down rules.  As the lack of social distancing concern amid the protests has shown, the shut-down fears, rules and regulations are over-hyped and baseless. However, the blue state governors continue to fight economic re-engagement as they look to maximize negative economic impact for political gains.

This entry was posted in Big Government, Coronavirus, Donald Trump, Economy, President Trump, Trade Deal, Uncategorized, US dept of agriculture, US Treasury, USA. Bookmark the permalink.

113 Responses to Far Better Than Expected – ADP Payroll Report For May Suggests Job Cuts Ending and Optimistic for Rebound…

  1. delighteddeplorable says:

    Trump boomerang incoming. 🇺🇸

    Liked by 28 people

    • tucker7518 says:

      I heard a forecaster on the Bloomberg Channel say last week that the Dow would hit 27,000 by the end of June. Thought he was crazy. Today the Dow hit 26,269. Trump’s big economy is coming back!

      Liked by 9 people

      • repsort says:

        it’s a big fat ugly bubble. 40 million outta work and the disconnected stawk market is soaring. You don’t pause and think to ask yourself WTF? You’re bling by your love of Trump. I’m voting for him, it’s civil war if he does’t get elected, but wake up.

        Liked by 1 person

        • Jan says:

          I’m glad the stock market is coming back, especially with 401Ks having taken big hits when COVID-19 hit. Do I trust the stock market? No. Big tech is going to have to be brought to reality by taking away their immunity. Anyone continuing to cooperate/do business with China better get refocused & relocated.

          If the stock market helps get Pres. Trump re-elected all the better because if the Democrats take the Senate, keep the House and take the WH, our country is gone. The riots & looting has made that very clear. And as we all know, Biden will not even be able do one term, so we’re going to have a far left VP becoming President.

          Liked by 4 people

        • California Joe says:

          Huh? Over the past three months 40 million Americans had lost their jobs but over half of them have already returned to work and millions more are returning each week!

          Liked by 3 people

        • T Carroll says:

          “it’s civil war if he does’t get elected, but wake up”.

          I agree. But I’m afraid we’ll have civil war when he’s re-elected. The Left/Globalists will go berzerk and our side will finally release their pent up anger and frustration. Enough! .

          Liked by 2 people

  2. woohoowee says:

    Giddy Up!

    Liked by 17 people

  3. MostlyRight says:

    What will the Democrats/RHINOS do in June, July, August, September and October as their frustrations mount? They will cheat in November, but we still have 5 whole months of October surprises to go.

    Liked by 6 people

    • BoreMole says:

      I do not think we’ve seen the dial turned up to 11. If you think its bad up to this point, get ready.

      Liked by 7 people

    • Scott says:

      I don’t want to know. We’ve had plague,economic meltdown and racial riots, all exacerbated by the liberal Democrats. I shudder to think what this summer will bring.

      Liked by 6 people

    • Tiffthis says:

      Mostly, whatever the Dems have planned- it will be designed to keep the economy down, IMO.

      Liked by 4 people

    • Mr e man says:

      Race war. The demonstrations are just the beginning. Ever notice this worldwide need to protest because a couple of guys did something stupid?

      The aren’t wanting to hold the perps liable, other than wanting to have a mob killing.

      These guys were already

      Liked by 4 people

      • teabag14 says:

        I’m not sure many know that demonstrations about the death of George Floyd have been taken worldwide. They have.

        Liked by 3 people

        • Mr e man says:

          Yes, and what do people in France know about the American legal system and it’s alleged racist treatment of blacks? Where did they get that false information?

          Liked by 5 people

        • Robert Smith says:

          lol

          They have a lot bigger problems than sniping at us.

          Liked by 3 people

          • teabag14 says:

            They do. But it’s significant, & concerning, that this particular instance of organized rioting, looting, arson, & anarchy has been/is being organized, politicized, & propagandized outside of the US. We get very obvious clues about magnitude, funding, & purpose from this. None of it is good or bodes well for a free society.

            Liked by 1 person

      • Mr e man says:

        (continued)….planning this protest/riot worldwide.. They were just waiting for an incident to launch it.

        Now we see why multiple foreign governments were so eager to assist Obama in stealing the last election. Hillary would keep the money flowing.

        Liked by 7 people

      • lady4trump says:

        The weekend shootings of blacks in Chicago by other blacks is ignored totally. But, let a white person kill a black person, and its cause for all this rioting, looting, burning and protesting?
        The murderer is charged with murder, there is video of him doing it, and now the other 3 cops who were with him did nothing for the black man, are now charged. None of this is ‘good enough’.
        The racists want to blame all white people for the crime. Well, I wasn’t there, I didn’t do any of it, and neither did any of you! This is being ginned up by the Communist Democrats to continue to try and separate Donald Trump from his voters. Period.

        Liked by 1 person

    • Jan says:

      I think they will keep up with the rioting & looting in the suburbs especially next week while all the services for Mr. Floyd are televised. They think this is a winner for them.

      The latest cult of white people pledging to not commit racism is about the ugliest idea I’ve ever seen.

      Liked by 3 people

  4. Rick says:

    Thanks Dems, your riots proved what Italy’s top doctor said, COVID-19 has lost it’s punch, it’s dead.
    Italians are pissed now that they see the whole thing was a giant hoax. They are tearing off their masks and telling their health experts to go stuff it. Time for americans to pickup the baton and get back to work.

    https://www.thegatewaypundit.com/2020/06/coronavirus-becoming-much-less-lethal-virus-losing-potency-top-doctor-reveals/

    Liked by 12 people

    • BoreMole says:

      Isn’t nature amazing? The virus was SO SMART that it knew – the moment there was a new outrage/panic porn show to get a rush off of – it would go inert.

      Liked by 9 people

    • T2020 says:

      Thank for this!!!👍🏻

      Liked by 3 people

    • mtk says:

      It is my poisition, that via the concerted ‘el resistance’ of aligned political interests, that the WHO politicos know for fact that the Covid-19 virus has been stalking the human race for sometime. Just look at the data prior to the media blitz, “Each and every year influenza type deaths accur, and yet nothing to the scale of the current shut down has happened.

      My position is that, for the last several years the CDC/ WHO knows that many outcomes of flu-like adverse outcomes, in light of huge vacination efforts are falling through the cracks. It is my belief that these organizations, known for a fact that efforts to immunizate people with the the yearly flu shots know for fact that something else is at the root cause, and in the past have attributed averse outcomes to influenza strains that where NOT PART vaccine efforts. Basically, if a person has adverse outcomes, the leading scientific prognosis is IT MUST have been a strain of the influenza virus not CONTAINED within the flu immunization regimen of that current year recommendation.

      Stop and think about this for moment, in the past if a person has an adverse outcome, “How easily would it be lay blame towards toward a NOT Covered influenza immunization strain.
      My point is that scientifically knowning a true immunization investigation, an investigation that might show data that flu-like averse outcomes ARE not attributed to strains of the influenza virus but clearly show a correlation between other virus flu like infections as a leading cause, that the CDC/WHO would attribute to strains of the influenza virus immunized against.

      This raises many multitudes of concerns that enters into the policatal realm. First and formost that the WHO/CDC had passed into the politicsl realm of the MSM a fasle dogma of imagine, “That that root causes of influenza death are simply tried to the influenza virus. Not immunized against.
      As such the reveal that Convid-19 can now be documented as the cause(but hidden), is something that should now be documented to avhieve a political outcome.

      I am not suggesting Covid outcomes are a novel new norm, I am suggesting that the WHO/CDC know for fact that in the past influenza-like deaths can be attributed to a wider VIRAL pathology. And have politically choosen a path to align a hoodwink of politically driven narratives to strive towards that set narrivate.

      I will say in no uncertain terms the novality of this virus is a known, known quantity. Such that as more reasources of the WHO/CDC where deployed it become a known certainty that past immunization research efforts, as to why the influenza efforts failed to contain influenza-like adverse outcoms stains, an is now an outcome to being revealed that can be politically ascrided to Convid-19 for nothin more than political gain. My point being, WHO/CDC knowns full well that influenza like disease has a wider contagion vector than flu shots failing to contain.

      The overarching premises being, is that not coovid-19 does not exists, the premise being was it sold as a mass Hysteria to shut down MAGA economic realities.

      Like

      • meow4me2 says:

        It’s interesting. I will share that one of the major companies with a COVID test has been developing it for over a year before the pandemic. We supply something for it, I’ll leave it at that. But the orders picked up significantly in 2019.

        Now, it could be the technology is general enough that all you need to do is insert the right “probe” for a particular virus and you can make a test kit that is easily interchangeable for other viruses. That could be true. But I have to say I’ve wondered how long this virus was floating out there in the wild, maybe known to some, but not to everyone.

        Liked by 1 person

    • tucker7518 says:

      Governor Hogan, a Republican, has raised Maryland to Stage 2. Just about everything is opening up, even the nail salons.

      Liked by 1 person

      • Governor Northam in Virginia is moving the majority of Virginia to stage 2 on Friday with the exception of Richmond and northern Virginia (NoVA) he is keeping in stage 1 due to “an uptick in cases” which by the way is directly related to increased testing. The actual positive testing rate is steadily trending downward in the four counties that make up NoVA and Is over 10 percentage lower than it was a week and a half ago. So, all measures: new positive cases, positive case percentage relative to testing, hospitalizations and deaths, are steadily decreasing. I have no idea where Governor Northam is getting the statistics he is using to justify preventing NoVA from moving toward stage 2.

        Like

    • vfm#7634 says:

      My old man said this was exactly what would happen, that the virus would become weaker over time.

      Like

  5. realeyecandy1 says:

    Even Jim Justice here in WV is dragging his fat arse at reopening our restaurants at 100%. When asked about the protests here he said “well I encourage protests” but we can’t open our restaurants back up due to the spread of the virus

    I HATE THESE PEOPLE … Jim Justice is a pure liberal wearing a GOP suit. I did NOT I repeat DID NOT vote for him in the primary here in early voting this week.

    Liked by 4 people

    • Mr e man says:

      He encourages protests? Well, would he encourage a covid protest where everyone opens back up and everyone goes to the stores and doesn’t wear masks? Such hypocrites and they are caught lying about the covid. It truly is a scamdemic.

      Liked by 6 people

      • Judith says:

        Masks are one thing, but to deny lifesaving Hydroxychloroquine + Zinc + Az medication to high risk / critically ill patients is a bridge too far. These Globalists are intentionally murdering our people as well as our economy.

        Liked by 5 people

  6. ms Idaho says:

    ‘scuse my dumb – the first paragraph loses my brain. a week of job losses vs the month of may?

    Liked by 1 person

  7. Magabear says:

    You can thank those of us who refused to be locked down and spent that $1200.00 wisely. 😉

    Liked by 8 people

  8. Only white people have to wear masks and social distance…they are the best on following rules. But, as an alternative, which I will use if anyone says anything to me about not wearing a mask, I will raise my hands up and chant “no justice no peace” a few times, then say, “I am protected” and walk away.

    Liked by 6 people

  9. delighteddeplorable says:

    Good response, lf. I’ve used “my body, my choice” from time to time.

    Liked by 5 people

  10. StanH says:

    It’ past time we stop the dumb sh_t and open this country up. The Wuhan Con is now being eclipsed by the Social Justice Warriors aka Brown shirts aka Karen’s aka Contact Tracer aka democrat bum brigades. When this runs it’s course they will start something else.

    The coup continues.

    Liked by 9 people

  11. Puzzled says:

    Call out the politicians as often and loudly as possible. Any lockdown is completely a charade given the green light given to rioters. I realize that hypocrisy doesn’t register with them but middle of the road citizens can easily see it.

    Liked by 3 people

  12. helmhood says:

    It bears repeating, this economic news is why the democrats are going further insane, why #obamagate was trotted out today. This is called desperation. And there is a lot more accumulating evidence that Trump voters are motivated and energized.

    Liked by 11 people

  13. MakeAmericaGreat says:

    Nobody beats The Happy Warrior. He is the best.

    Liked by 9 people

  14. Mike in a Truck says:

    The retard we have for a Governor here N.C. is moving at a snail’s pace. Now the state is in jeopardy of losing the RNC convention and all those dollars it would have generated for the economy. Nice goin Roy you enema nozzle.

    Liked by 7 people

    • Ordinaryman says:

      I just sent him an email on his contact form explaining how under 400 deaths attributed to COVID is less than deaths from seasonal pneumonia from people who did not get pneumonia vaccines was not going to be good for his re-election. Loss of live from Stress of China Covid will be greater on people with Cardiac condition and hypertension caused from loss of income with the Republican convention leaving. I’m over 70 and had China virus (no big deal).

      Liked by 5 people

    • teabag14 says:

      😂🤣😂🤣 Enema nozzle! Great description! ❤

      Liked by 4 people

    • Mr e man says:

      He didn’t want the convention there. That would bring in Trump voters who would be able to influence the local population. He is glad they can’t come there and dispute the lies he wants the public to know.

      Liked by 5 people

    • 4sure says:

      The RNC and PTrump has said the convention WILL NOT be held in Charlotte.

      Augusta, Ga. would be ideal. If it can host the Masters Golf Tourney, it can certainly host the RNC convention. Fort Gordon is there, so National Guard could be used and housed there ang use resources from there to put down the rioters. Guarantee there will be rioters, no matter where it is held.

      And PTrump should fire that POS Espy. Why does he chose these anti Trumpers?

      Liked by 3 people

    • Robert Smith says:

      I thought it is already gone for a couple days now.

      Liked by 1 person

    • He just figures he will keep getting the federal dollars due to fake virus….

      Liked by 1 person

  15. Puzzled says:

    I wonder if the politicians will use their civic tracking tools and team with rioters.

    Liked by 1 person

  16. T2020 says:

    A neighbor indicated they were going back to work next week in a Southern NY suburb. Maybe the riots had an unintended effect…the coronavirus didn’t seem so “deadly” anymore. Tons of people were without masks and zero social distancing.🤷🏻‍♀️

    Liked by 4 people

  17. Tiffthis says:

    I know in LA, as soon as the riots started, businesses like hair salons and restaurants were opened. This is way before the July 1 date. Not all restaurants are open- but my kids get their hair cut at a mom n pop salon and they have a haircut scheduled right now. I hope everyone just opens. Obvi, social distancing doesn’t matter anymore. Just open 💯

    Liked by 8 people

  18. The American Patriot says:

    PSA

    Those of you checking out the GP…..

    There are trolls hiddenly marking comments as spam.

    Be totally aware of it.

    Liked by 2 people

  19. fangdog says:

    It is always amazing to me the general public is so much smarter than the Politicians …especially those who post on “Last Refuge”. We know things way, way before they do and sometimes years before.

    However, I think it is just they got by with so much before and it is now our knowledge is what has thrown a major monkey wrench in their business as usual. Yes, they still have sheep but they are more the low-information, low-life variety or mentally deranged “educated” libtards.

    The main reason for public enlightment has been Trump’s transparency and his constant daily communication with the masses. Websites as Sundance’s and its posters has been most valuable for educating with greater detail otherwise never known to us American Patriots.

    Liked by 7 people

    • Dutchman says:

      It doesn’t WORK, any more. Its like WWE wrestling, which we all know is fixed.
      After many years of phoney wrestling, the wrestlers got old, and out of shape, and forgot any real wrestling moves they once knew, cause “if you don’t use it, you LOSE it.
      And then, a REAL wrestler stepped into the arena, who had no intention of playing along with the sham.

      And the old wrestlers continue trying to use there old, pre-rehearsed moves, and they just don’t work against someone who is truly competing.

      Saw it most clearly, when PDJT (the,REAL wrestler) had that WH meeting with Pelosi and Schumer,….and invited the press to STAY!

      He wasn’t SUPPOSED to do that, he was supposed to ‘negotiate’ behind closed doors, then Nan and Chuckie would come before the cameras, and totally LIE about what “Trump” had said, they call him a rascciiiiist, he capitulates, and the Uniparty gets amnesty.

      Hasn’t he read the script??? Instead he flipped them and pinned them, with the cameras rolling. It was glorious, and the Uniparty still hasn’t figured out what to do!

      They SO much want to go back to phony wrestling, with a Republican ‘opponent’ who is actually ‘in’ on the scam!

      Liked by 4 people

  20. hawkins6 says:

    SD-“…blue state governors continue to fight economic re-engagement as they look to maximize negative economic impact for political gains.”

    I’m sure these words, or similar ones with specific names attached, will soon be one of P Trump’s most frequent and prominent entries on Twitter and in his speeches—so the unemployed and shuttered small business owners know precisely who is holding up the economic recovery.

    Liked by 1 person

  21. realeyecandy1 says:

    I hope restaurant owners will simply take off the tape from the booths and allow customers to come in and eat. Seeing all these rioters if I had a business I’d flat out open up 100% .. period

    I’d set tables up and say my customers are “protesting I couldn’t let them all in at once and demanded I open up” … it’s a simple thing

    Liked by 6 people

  22. FreyFelipe says:

    All this means is that democrats will have to try that much harder to destroy America.

    Liked by 2 people

  23. spren says:

    My observations of the people in my deep blue state of Connecticut are not very optimistic. I live in the northeastern part of the state, and fortunately there are more here with a conservative bent than in other areas of the state. But the thing that distresses me the most is the battle of the masks.

    Wearing a mask is now regarded as fealty to the common good. You wear one because, even though you know it won’t protect you, it will protect those around you, or at least it is symbolic that you care more than those who resist doing so because they are selfish. It matters not in the least that the actual science reveals it neither protects you nor those around you. All that matters is that you virtue-signal to others that you are morally-superior. And now, you have the moral authority to bully-shame anyone who doesn’t accept your ridiculous group think.

    This is the mindset I see as so prevalent here. Consequently, as the economy slowly reopens, replete with the ridiculous requirements to do so, any return to any semblance of normality is going to be severely restricted. Not only are people afraid to venture out into the open again, they regard everyone they encounter as a leper. This doesn’t bode well for a robust economic rebound in this region. The majority of people are too blind to see how they have been played, and that absurd sense of moral superiority they have acquired, provides them the justification to desire things to remain anti-social.

    Liked by 5 people

    • steph_gray says:

      This is why I wear a mask with a message that makes fun of wearing a mask.

      Humor is a sharp weapon.

      Liked by 2 people

    • meow4me2 says:

      Does Connecticut have a choice to wear a mask or not? Massachusetts has been mandated to wear one by Supreme Emperor, er, Gov. Baker. Now I can’t even go through a freaking drive through without a mask. The dumb bunnies won’t open the window if I don’t put it on. Drives me nuts. And makes me go there less.

      If only I didn’t have to wear one at work. Uncomfortable. They are closing a bunch of meeting rooms, actually planning only 1 person in each bathroom (normally 6 stalls) at a time and insisting we wear masks at all times through mid July! I can tell you no one currently working from home wants to come back. I’m pushing back on the meeting rooms and bathroom stalls. This is just ridiculous.

      I’m frankly expecting to see some townhall or video where leadership “takes a knee” in solidarity with the protestors/rioters.

      Liked by 1 person

  24. jessetmims says:

    Re “…the blue state governors continue to fight economic re-engagement as they look to maximize negative economic impact for political gains.”

    I suspect their “political gains” will be significantly lower than they are expecting, too.

    Liked by 1 person

  25. JCM800 says:

    The residents in Shutdown States have not even begun to feel the Pain of the Tax Increases.

    Liked by 1 person

  26. Deb says:

    Local restaurant owners here are having to hire new staff and train them, a huge time suck and added expense. The workers they let go would rather go on collecting unemployment then go back to work.

    The Dems knew this. It’s one way to bring about socialism, get people to stop working and collect a check and they’ll vote for more handouts.

    We need to hammer home the message that if the government feeds you, you are a slave to the government.

    Liked by 1 person

  27. repsort says:

    Cool your jets guys. There is no rebound coming. The economy isn’t gonna come roaring back. Many/most of the jobs lost aren’t coming back. Half the small businesses that were crushed by the unnecessary lock downs will not come back. Commercial property is going to detonate, then the residential real estate bubble will blow (people out of work don’t pay mortgages or qualify for new ones) and the dominoes topple, one by one… The best PT can do is blame the virus/China and highlight the totalitarian nature of the left. Will he get re-elected? I dunno, 1/2 this nation is pretty ignorant and will blame the guy in the oval office for any bad economy.

    Like

  28. msdollie says:

    Sometimes the “Money Honey” talks too much … it seems to be more about putting her thought out there than getting her guest’s thoughts.

    Like

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