The August jobs report was stronger than expected. However, many college educated Americans are struggling to find employment in this labor market. MS NOW Chief Political Reporter Chris Jansing, Democratic strategist Basil Smikle and CNBC Fast Money Contributor Dan Nathan join Stephanie Ruhle to discuss.
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 Trump administration is drafting a Child Care and Development Fund rule that would, for the first time, let low-income married couples collect child-care aid when one parent stays home, according to The New York Times, which cited people familiar with the plan and a draft document it reviewed. The C.C.D.F. was built to help […] The post Trump’s $9,000 Child-Care Draft Targets Low-Income Married Families appeared first on StoneZone .
The Trump administration is drafting a Child Care and Development Fund rule that would, for the first time, let low-income married couples collect child-care aid when one parent stays home, according to The New York Times , which cited people familiar with the plan and a draft document it reviewed. The C.C.D.F. was built to help poor and working-class parents work. Under current rules it only counts care outside the home. Officials would add a new category, “parent-based child care,” about $9,000 per child a year, if one spouse works at least 35 hours a week and household income stays under the existing state cap, usually 85% of median income, sometimes closer to 60%. If it goes forward as written, it would be the first federal…Open
By Mike McDaniel Bureaucracies accomplish nothing so efficiently as perpetuating and growing themselves.
'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…
Workers’ share of our national income is declining rapidly but we’re not sure why.