Breitbart Business Digest: Jobs Are Growing and Powell’s Fed Is Unraveling
This week, the government finally revealed the September jobs data, and we learned about the mysterious resignation of yet another Fed official.

This week, the government finally revealed the September jobs data, and we learned about the mysterious resignation of yet another Fed official.

Private sector and native-born American citizens are driving economic growth, Vice President JD Vance said during a live discussion with Breitbart News’s Washington Bureau Chief Matthew Boyle.

Director of the National Economic Council Kevin Hassett said Thursday that government employees furloughed during the shutdown will receive paychecks by “early next week” or perhaps sooner.

National Economic Council Director Kevin Hassett said Thursday that the Democrat-forced government shutdown cost the country about $15 billion per week and is expected to knock 1-1.5 percent off gross domestic product growth in the fourth quarter.

The White House emphasized the economic damage Democrats have done to the nation with their 43-day shutdown, as the October Consumer Price Index (CPI) and jobs figures are likely never to materialize.

It’s A Wrap: The Life And Times Of A Tariff Price Hike Myth Welcome back to Friday. This is the Breitbart Business Digest Friday Wrap, our weekly survey of news from the economy, Wall Street, Main Street, Washington, D.C., and

The Labor Department said it would suspend publication of the monthly jobs report and other major economic data if the government shuts down, including the Consumer Price Index and Producer Price Index, cutting off critical information for businesses, investors and

Welcome to the inaugural Friday Wrap, our weekly survey of the economy, Wall Street, Silicon Valley, and the bureaucrats who pretend they can read the future by staring at spreadsheets.

The most important development for reading employment data isn’t coming from the Bureau of Labor Statistics. It’s coming from immigration policy.

The May and June jobs revisions weren’t just large. They were historically large by any standard, representing statistical anomalies so far outside the bounds of normal variation that they are akin to black swans.

The July jobs report was a disaster for the American worker, the U.S. economy, the Federal Reserve, and Jerome Powell.

President Donald Trump fired the commissioner of the Bureau of Labor Statistics (BLS) on Friday.

Strip away the noise and the June jobs report tells a clear story. The economy is still adding jobs. But it’s doing so in a new way.

It’s been a good start to the year for Breitbart Business Digest.

President Donald Trump on Friday called for Federal Reserve Chairman Jerome Powell to lower interest rates, contending it is the “perfect time” to do so.

President Donald Trump said the March jobs report, which crushed expectations, shows his economic plan is working.

The hiring of Americans apparently surged in February as more migrants left the workforce after President Donald Trump ended the Bidenomics policy of importing migrants for U.S. jobs.

On Friday’s broadcast of “CNN News Central,” Rep. Dan Kildee (D-MI) stated that the October jobs report is “troubling” but “it makes the point, do we want to stick with the administration that has been growing jobs for the last

On Friday’s broadcast of “CNN News Central,” acting Labor Secretary Julie Su stated that the October jobs report had various anomalies in it due to hurricanes and strikes and reacted to the downward revisions in the August and September jobs

The economy delivered some rough justice to the campaign of Kamala Harris on Friday in the form of the monthly jobs report.

On Friday’s “PBS NewsHour,” Chicago Federal Reserve Bank President Austan Goolsbee said that if the jobs market just stopped where it is, it “would be fine.” But the Federal Reserve needs to consider that if it doesn’t “start moving apace

On Friday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers Chairman Jared Bernstein responded to the August jobs report by stating that “the market has an overreaction function. Today’s a pretty simple story, if you keep

On Friday’s broadcast of WBUR’s “Here and Now,” MSNBC Chief Economics Correspondent and MSNBC host Ali Velshi stated that the August jobs report shows job creation that is at “a lower number than what you need to sort of maintain

If you squint at the latest jobs report, you might find something to cheer about. But if you look at it with clear eyes, what you really see is an economy downshifting and bracing for impact.

We have arrived on the eve of the most important jobs report in years.

The Japanese stock market suffered its worst single-day sell-off in history Monday, losing even more points than on “Black Monday” in 1987.

On Friday’s broadcast of “CNN News Central,” acting Labor Secretary Julie Su reacted to the July jobs report by stating that “we look at, not just one month’s data, but we look at trends,” and the July number “is cooler

During an interview with Bloomberg on Friday, acting Labor Secretary Julie Su reacted to the July jobs report by stating that the July jobs number is “still over 100,000 jobs. It’s still broad-based.” And “generally, this is an indicator of

We have been saying for a few weeks that the softness in the April numbers looked like a “blip” and that the economy appeared to rebound in May. The jobs numbers confirm that view, and we expect that will not be lost on Fed officials when they meet next week.

Donald Trump ripped Joe Biden for Friday’s weaker than expected jobs report and promised new economic policies.

The February jobs numbers should be seen as an economic Rorschach test. What you see in the ink blots released by the Department of Labor largely depends on what you were already inclined to see.

The surprisingly strong January jobs report reflects real employment and productivity growth and not just growth in government or government-adjacent hiring, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.

The much-better-than-expected jobs data for January demonstrates that the Federal Reserve was absolutely right this week to rule out a March rate cut. Even a May rate cut now looks unlikely.

The dream of a March rate cut has survived the December jobs report.

The November jobs numbers were a kick in the teeth to traders betting that the Federal Reserve would start cutting rates in March.

While there’s been a lot of chatter over the past few days about the September jobs figures being weaker than they looked, the numbers do not really support the negative interpretation.

Today’s JOLTS data provided reassurance to monetary policymakers that inflationary pressures from the labor market may be retreating.

The strength of the labor market has made “jobs” a far less important political issue going into the 2024 election.

President Joe Biden’s economic policies are top-down big government crony capitalism predicated on the false notion that he inherited an “economic catastrophe,” Breitbart Economics Editor John Carney said in a Friday interview with Fox Business host Larry Kudlow.

Today’s jobs report data is likely enough to lock-in a Fed rate hike.
