From flipping burgers at McDonald's to a self-made multimillionaire: How Willie Mandrell leveraged a simple real-estate investing strategy to acquire 40 units and achieve financial freedom
Premarket stock futures trimmed early losses after the government's monthly nonfarm payrolls report showed a stronger labor-market performance than expected. The US economy, more than the 580,000 additions expected by economists surveyed by Bloomberg. The improvement is still smaller than the 672,000 job additions seen in September.
The report marks the sixth straight month of job additions since the coronavirus drove outsized losses in April. While the pace of recovery has weakened from its initial rebound, Friday's reading suggests the economy is healing faster than anticipated despite a lack of fresh fiscal support.
Soaring virus cases in the US threaten to further curb the bounce-back. The country reported more than 121,000 new COVID-19 cases on Thursday, becoming the first nation to report a single-day increase of more than 100,000. With advanced economies around the world reinstating lockdown measures as their own case counts surge, a similar action in the US can freeze hiring activity.
Don't worry biden will soon start reversing that trend