Welcome to Motley Pool Money. I'm Chris Owen. I'm joined by Motley Pool Senior Analyst,

Seth Jason, Shannon Zimmerman, and James Early. Guys, thanks for being here. Happy Friday

日. All right, I got a lot to chew on this week, guys, including the latest jobs report.

And whether our economy is truly on the rebound, we'll talk about GM, Google, Playboy,

share three stock ideas and air a few beefs.

Shannon, let's start with today's report that unemployment rose to 9.4% in May. It's the highest

in 25 years. We've got some analysts saying the worst is behind us. We've got people like NYU's

Noreal Rabini warning that it could be a slower recovery or that we actually could be in for

a double dip. So where are you on this spectrum?

Well, I mean, you have to look at the the jobs report that came out today. And, you know,

in any other kind of circumstance, we would say a job loss of roughly 400,000 just slightly south

of that would be horrific. But given that the expectation for job losses was much, much higher.

And the trajectory of job loss seems to be coming down or softening a bit. That's been taken as

good news. And rightfully so, you know, we've been talking on the podcast over the course of many

weeks about being dubious about the rally based on macroeconomic data that seems to be not quite as

bad. It's just terrible, not horrible. So there is something to that. You have to acknowledge

some terrible is terrible. Terrible is the new good. Terrible is the new good. Exactly right.

And they earlier this week, there was an upward revision to the first quarter's productivity

figured. That's important because if companies are doing more with less, eventually that means

that they can do more. And that means the rehiring workers. So there are some bright spots,

but certainly not bright spots that are sufficient to prop up the rally that we've been seeing.

So at this point, even if you are an economic optimist, I think you have to gauge the data

...