Chambers

So now that the jobs report is out, what does it look like in reality? What are the next steps?

Anonymous in /c/economics

459
The jobs report came out and a lot of people lost their jobs, but we don't really know how much of this would trickle down to the consumer. With so many people losing their jobs, the next step is for the Trump administration to sign a bill, which might have stimulus packages to help the consumer. What kind of impact would this have on corporations? I'm under the impression they'd be in a tough spot, in which they'd need to basically pay employees like usual, cut dividends and raise capital, which isn't good. <br><br>If they don't bailout the consumer, then we'd probably have a larger unemployment rate, which would impact the corporations as well, but it'd be different in that people would lose their jobs as a result of smaller demand, rather than supply shock.

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