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Showing Original Post only (View all)****The MAGA Recession Is Almost Here**** [View all]
US labor market adds 73,000 jobs in July while May, June reports see 'larger than normal' downward revisionsThe latest monthly jobs report showed the US labor market added fewer jobs than expected in July while the unemployment rate moved higher, and revisions to prior months' numbers revealed significantly fewer jobs had been added than initially thought.
The US economy added 73,000 nonfarm payrolls in July, less than than the 104,000 expected by economists. The unemployment rate moved up to 4.2% from 4.1% the month prior, in line with expectations from economists.
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https://finance.yahoo.com/news/us-labor-market-adds-73000-jobs-in-july-while-may-june-reports-see-larger-than-normal-downward-revisions-195103455.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJLeDIFOva2j9PVp-Mii7DH8lRBXDsHlABeD0TrfmkXSEIAh_nXnWtdawAxS2SRIv9-LxV7cRW0CvbhOGHW7dgB-YQ7Tss3Xoi6DR-Ur_yr9X98FDVt33aNeKzEtpMz1AIB5Aj1OovC05mM3Dkfa7M_ZazRXg0EnFKxmBeAQazk_
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No he cannot. Not if he wants the support of the business community. They depend on it for planning.
Bernardo de La Paz
Aug 2025
#22
The automobile sector will lose billions with the pedofelon's tariffs.
Justice matters.
Aug 2025
#29
They've lost billions before, accounting for inflation. Look up the quality issues of the 1970s & "planned obsolescence"
Bernardo de La Paz
Aug 2025
#32
They survived the Bush-created 2008 "great recession" by asking Obama to...
Justice matters.
Aug 2025
#34
The unemployment rate doesn't count all those immigrants who are no longer working.
patphil
Aug 2025
#13
As Winston Churchill once said "Now this is not the end. It is not even the beginning of the end. But it is,
Fil1957
Aug 2025
#19
Maddow Blog-U.S. job growth turns cold as Trump's agenda takes its toll on the economy
LetMyPeopleVote
Aug 2025
#26