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July jobs report: Here’s what 5 economists are saying – Business Insider – Business Insider

“We’re still far from any sort of healthy labor market right now,” Nick Bunker, an economist at Indeed, told Business Insider.

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The July jobs report, released Friday, beat expectations, saying that US employers added 1.8 million jobs during the month and that the unemployment rate decreased to 10.2%. Economists had expected to see 1.5 million jobs added, with unemployment at 10.5%.
While positive, the report also indicated that the labor-market recovery from the coronavirus recession was losing speed. The July figure was much less than the 4.8 million jobs added in June and the 2.7 million added in May.
“It’s great to …

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Oil edges lower as rising virus cases cloud demand recovery outlook – Investing.com

Oil slips as surge in virus cases cloud demand recovery

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By Florence Tan
SINGAPORE (Reuters) – Oil prices dipped on Monday as rising coronavirus cases upset hopes for a smooth recovery in fuel demand, with the main crude benchmarks on track for their first monthly falls in multiple months after last week’s slips.
Brent crude (LCOc1) fell 23 cents, or 0.6%, to $41.69 a barrel by 0243 GMT after dropping 2.9% last week. U.S. West Texas Intermediate (CLc1) was at $40.04 a barrel, down 21 cents or 0.5%, following a 2.1% decline last week.
Brent is on …

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Southport Lanes closing doors to Lakeview bar, bowling, billiards hall; Oak Lawn’s Cupid Candies latest closure due to COVID-19 pandemic – WLS-TV

Southport Lanes closed the Lakeview bar, bowling and billiards hall Sunday, as well as Oak Lawn’s Cupid Candies after struggling due to the COVID-19 pandemic over the past few months.

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CHICAGO (WLS) — Lakeview’s Southport Lanes first opened in 1922, and a lot has changed since then with the neighborhood and the city.Once a speakeasy and illegal gambling parlor in the ’20s, Southport Lanes evolved into one of Chicago’s most beloved billiards halls and bowling alleys, which until this year still used human pinsetters rather than a machine.
Then the pandemic hit.
“I’ve been telling everybody. It’s not a wake, it’s a celebration. It’s a celebration of what we’ve done here,” sai…

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San Antonio, Bexar County sees new daily low of COVID-19 cases – KSAT San Antonio

The San Antonio Metropolitan Health District announced 57,145 total COVID-19 cases and 1,130 total deaths in Bexar County, as of Sunday, an increase of 56 new cases.

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SAN ANTONIO The San Antonio Metropolitan Health District announced 57,145 total COVID-19 cases and 1,130 total deaths in Bexar County, as of Sunday, an increase of 56 new cases.
In the overall case total, Metro Health officials have also included a backlog of 2,794 cases.
Three new deaths were reported today and 53 additional deaths that were backlogged are included in the total, ranging from June 29 – September 10, 2020.
The 7-day moving average of cases is 162, as of Friday.
Health offic…

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