The astonishing miss Friday in September’s job numbers — only 194,000 jobs created, versus an expected 500,000 — was not only a shock to market expectations, but also represents a crisis for President Joe Biden’s tax-and-spend economic policy.
China’s state-run Global Times on Monday taunted the White House over the “alarming” and “disappointing” jobs report from April, suggesting the unexpectedly weak 266,000 jobs created “cast doubt over the recovery path of the world’s biggest economy.”
Friday on FNC’s “Tucker Carlson Tonight,” host Tucker Carlson reacted to the “bizarre” circumstances of the U.S. economy, including a lackluster jobs report for April that came out on Friday.
The unemployment rate fell to 7.9%. That rate matches the same rate in the last jobs report before President Barack Obama was re-elected in 2012.
Thursday on CNBC’s “Squawk Box,” network anchor Jim Cramer reacted to the United States economy adding 4.8 million jobs and the unemployment rate falling to 11.1 percent in the month of June amid the ongoing coronavirus pandemic.
While this job loss carnage is an American tragedy, it could have been twice as bad if it weren’t for the over 30 million jobs saved by the Paycheck Protection Program (PPP), the $670 billion small business forgivable loan program.
Friday on CNBC’s “Squawk Box,” network anchor Jim Cramer reacted to the announcement that the United States economy added 266,000 jobs for the month of November and the unemployment rate fell to 3.5%, which match the lowest level in 50 years.
African American unemployment fell to the lowest level on record.
Because a law signed last week guarantees furloughed workers will be paid, they will not be counted as unemployed even if they are not working.
Democrats struggled to spin Friday’s massive job growth number as bad news for the economy, in what has become a monthly routine under President Donald Trump.
Donald J. Trump for President, Inc. Senior Adviser Lara Trump praised U.S. economic numbers under the Trump administration released Friday.
House Minority Leader Nancy Pelosi (D-CA), who would likely become Speaker of the House if Democrats win the midterm elections in November, trashed Friday’s jobs report — even though Blackrock called it “the greatest of all time.”
Former Speaker of the House Nancy Pelosi (D-CA) trashed the June jobs report — even though it showed rapid job growth, rising wages, and low unemployment.
Nonfarm payrolls soared in February, rising by 313,000 jobs vs. 200,000 expected by economists. Unemployment remained at 4.1 percent.
The U.S. economy gained 227,000 jobs in January according to statistics released by the Labor Department on Friday, while unemployment ticked up slightly to 4.8 percent.
Presumptive Republican presidential nominee Donald Trump slammed the underperforming job market displayed in the Department of Labor’s May jobs report as he spoke from the tarmac at his rally in Redding, California, on Friday.
We need 20 million full-time jobs in 2016 to offset half of our spending. After 5 months, we have 750,000. That means we are 19,250,000 jobs short in 2016 with 7 months to make it up.
Despite a forecast of 160,000 new jobs, the Obama Department of Labor announced that job creation in May plunged to 38,000, the worst monthly performance in 6 years.
Presumptive Republican nominee Donald Trump responded to the jobs report released on Friday, calling it a ‘bombshell.’
Analysts were expecting well over 200k new jobs for September – which isn’t really all that great, but at least it’s enough to keep pace with population growth. Instead, we got 142k new jobs, the past few months were revised downward, wage growth remained flat, and the labor force shrank by another hair-raising 350k, knocking workforce participation down to 62.4 percent.
Friday’s jobs report brought little comfort to American workers, as wages posted their biggest drop in eight years.
