‘Brace yourself,’ the liberal host warned viewers Wednesday night.
FOX: MSNBC host Rachel Maddow may have read the tea leaves wrong as she boldly predicted that June’s jobs report would be “absolutely terrible.”
Ahead of the release of the latest jobs report, which showed that 4.8 million jobs were added to the U.S. economy last month, the liberal icon offered a dire warning at the end of her show Wednesday night.
“Because Friday is the federal holiday honoring the Fourth of July, we’re actually gonna get the jobless numbers, the unemployment for the month of June a day earlier than we would otherwise expect them,” Maddow told her viewers. “Brace yourself. It’s going to be absolutely terrible, but we should have those as of tomorrow morning.”
Well, the jobs report wasn’t “absolutely terrible” after all. The nearly 5 million jobs that were added resulted in the unemployment rate dropping to 11.1 percent from the previous 13.3 percent. Economists expected the rate would be 12.3 percent with an increase of just 3 million jobs amid the recovery from the shutdowns brought upon by the coronavirus outbreak. MORE