NEWSNATIONNOW (ALEX VEIGA, Associated Press) - Stocks fall after a surprisingly strong jobs report
The development could increase the chances that the U.S. central bank will raise interest rates later this month
AXIOS (Courtenay Brown) - America's jobs scare recedes
The labor market looks considerably healthier than it did at the start of the summer. Why it matters: Friday morning's jobs report recast the last two months as a period of modest job growth rather than of outright deterioration, capped by a gain last month that was more than triple what economists expected. - The labor market is weathering the Iran conflict and an AI-driven transformation of the economy with surprisingly little damage, at least for now. - For the Federal Reserve, the report puts inflation even more squarely in focus — with less evidence that the labor market is too fragile to hold up in the event of higher interest rates. What they're saying: "August turned the heat back up on the job market," Glassdoor chief…
YOUTUBE (The Hill) - Labor market hit: U.S. economy lost 23,000 jobs in July - The Hill | NEWSNATION
Host Blake Burman discusses the latest jobs report, showing the U.S. economy lost 23,000 jobs in July, when economists were expecting to add 83,000 jobs. Meanwhile, President Trump announced bills and investments to boost mining on Friday. 00:00 - Introduction 02:40 - U.S. economy lost 23k jobs in July 14:09 - Senate passes foreign robocall crackdown 22:00 - Trump meets with top mining executives 31:35 - Flock cameras face privacy backlash 36:27 - Historic shakeup for Triple Crown races
HUFFPOST - U.S. Filings For Unemployment Aid Fall To 187,000 Last Week, Fewest In Decades
Layoffs remain historically low despite global economic uncertainty.
NEWSNATIONNOW (Steff Danielle Thomas and The Hill) - Trump signals US economy booming despite affordability concerns: ‘IT’S RAINING JOBS’
The U.S. economy added 172,000 jobs in May, handily beating economists' expectations.
AXIOS (Courtenay Brown) - Call it America's yo-yo job market
Data: Bureau of Labor Statistics ; Chart: Courtenay Brown/Axios The economy has spent much of the past year lurching between job gains and losses . Call it the yo-yo job market. Why it matters: For years, the labor market reliably added jobs every single month, even as hiring cooled. - The economy has entered a more volatile state, with March's blockbuster jobs report arriving in a more unsettling pattern of sharp gains followed by outright losses. What they're saying: "Job growth has alternated from negative to positive every month since May of last year. ... All told, these dramatic swings in either direction have netted out to roughly zero growth over the past 12 months," Elizabeth Renter , senior economist at NerdWallet, wrote.…