'The Big Money Show' discusses a Wall Street Journal report revealing that workers without college degrees are experiencing one of the strongest job markets in decades. 00:00 - The Best Job Market for Non-Degree Holders 00:50 - The Declining ROI of College Education 01:05 - Why AI Proves This Isn't a Dot-Com Bubble 01:45 - Shifting Success: Moving Away From the "Lemming" Path 02:55 - The Reality of Physical Labor and Trade Pathways 03:40 - Building Businesses From the Trades
Friday’s jobs report showed the labor market rebounding more sharply than expected. Payrolls rose by 162,000 in August, well above the consensus forecast of about 55,000 to 65,000. Unemployment held at 4.1%. The Bureau of Labor Statistics reported that private payrolls rose by 127,000. Additionally, Government employment rose by 35,000, driven largely by a 42,000 […] The post Trump Blows Past Jobs Forecast With 162,000 Hires as Factories Keep Adding appeared first on StoneZone .
Friday’s jobs report showed the labor market rebounding more sharply than expected. Payrolls rose by 162,000 in August, well above the consensus forecast of about 55,000 to 65,000. Unemployment held at 4.1%. The Bureau of Labor Statistics reported that private payrolls rose by 127,000. Additionally, Government employment rose by 35,000, driven largely by a 42,000 rebound in local government education after a drop the month before. Food services and drinking places added 59,000 jobs. Manufacturing added 16,000. Construction added 22,000. The information sector lost 23,000 jobs. White House spokesman Kush Desai called the report evidence that “America is in the middle of a historic investment boom” and that reindustrialization is…Open
'The Big Money Show' panel discusses the Trump administration's new Foundry school aimed at training the next generation of skilled manufacturing workers. 00:00 JD Vance & Marco Rubio Announce 'Foundry School' 00:57 Debate: Government vs. Private Sector Training 02:20 Why America's Specialized Schools Are Disappearing 03:55 Universities and CEOs Behind the New Curriculum 04:40 JD Vance: Bringing Dignity Back to Manufacturing 05:35 Making Manufacturing 'Sexy' Again for Gen Z
This week on "Batya!”: What does the future look like for the American worker? As the AI revolution fuels fears that many jobs could become obsolete, a surprising battle is brewing over the construction of the data centers powering it all. While communities and many lawmakers push back against data center expansion, blue-collar unions are welcoming it. Is the answer to easing anxiety about AI slowing its growth, or making sure working Americans get their share of the benefits? Next, President Trump won over working-class voters in 2024, but can he keep them? Batya examines the state of labor in America and whether everyday Americans feel optimistic about their economic outlook. Finally, as the nation marks 25 years since 9/11, Batya…
The U.S. economy added 162,000 jobs in August, roughly triple what economists predicted, and President Trump seized the moment to pressure the Federal Reserve for lower interest rates. The Labor Department's monthly payroll figures landed like a thunderclap on Wall Street, where the consensus forecast had called for just 53,000 new jobs. Private-sector hiring alone […] The post August jobs report shatters forecasts as Trump demands the Fed cut rates appeared first on American Almanac .
The U.S. economy added 162,000 jobs in August, roughly triple what economists predicted, and President Trump seized the moment to pressure the Federal Reserve for lower interest rates. The Labor Department's monthly payroll figures landed like a thunderclap on Wall Street, where the consensus forecast had called for just 53,000 new jobs. Private-sector hiring alone hit 127,000, more than double the 53,000 analysts expected. Manufacturing added 16,000 positions against a forecast of 5,000. And the unemployment rate held steady at 4.1 percent, defying predictions it would tick up to 4.2 percent. Trump posted on Truth Social within hours of the release, calling the numbers proof that the economy is outperforming every outside estimate but…Open
‘The Big Money Show’ discusses AI data center expansion into blue-collar jobs as unions threaten to withhold political support from opponents of new projects. #foxbusiness #bigmoneyshow 0:10 — Blue-collar unions push back on data center opposition 1:11 — Union workers and the political shift toward Trump 2:29 — How AI data centers could benefit blue-collar workers 4:00 — Data center fight becomes a midterm election issue 7:11 — Residents reveal the real cost of living near data centers
Vice President Vance will give remarks Thursday on the Trump administration’s effort to rebuild the U.S. manufacturing workforce through the launch of a new training program as part of President Trump’s push to boost domestic production. The Foundry School, a project of the State Department’s Pax Silica initiative, will train entrepreneurs, engineers, technicians and industrial leaders for jobs in advanced manufacturing, including semiconductors, defense and energy, according to the press release. Secretary of State Marco Rubio is also expected to speak. #jdvance #foundryschool #trump
President Trump has a new message for Americans rebelling over the nation's data-center boom : Get over it. - "If we kill the Golden Goose, you will only have yourselves to blame," Trump warned Monday. Why it matters: Nine weeks out from the midterms, the president is charging into a fight Republicans have been scrambling to escape — staking his political capital on one of the most toxic issues in the country. What they're saying: "The only reason that communities throughout the U.S.A. should not want Data Centers is if they want to end up being backwards and poor," Trump wrote on Truth Social . - "If they want to be successful and rich, with far lower taxes and jobs all over the place, let Data Reign," he added, drawing rare…
Vice President JD Vance rallied for Republican candidates Friday at the same Middletown, Ohio, steel plant where his grandfather worked for decades, casting Democrats as a party that abandoned the working class. Vance took the stage inside the Cleveland-Cliffs Middletown Works facility, formerly Armco Steel, and opened with a personal note that doubled as a […] The post Vance returns to the steel mill where his grandfather welded for 40 years — and pitches the GOP's blue-collar future appeared first on American Almanac .
Vice President JD Vance rallied for Republican candidates Friday at the same Middletown, Ohio, steel plant where his grandfather worked for decades, casting Democrats as a party that abandoned the working class. Vance took the stage inside the Cleveland-Cliffs Middletown Works facility, formerly Armco Steel, and opened with a personal note that doubled as a political argument. His grandfather, James Vance, welded steel there for nearly 40 years. The family came north from Kentucky's hills looking for a middle-class life, and the plant delivered one. Now, Vance told the crowd, the party James Vance once supported for its union ties has become unrecognizable. As the Associated Press reported , Vance framed the visit as both a homecoming…Open
