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THEAMERICANCONSERVATIVE (David Brady) - June Jobs Report Underperforms Expectations

State of the Union: The Bureau of Labor Statistics report increased expectations of a rate hike by the Federal Reserve by the end of the year. The post June Jobs Report Underperforms Expectations appeared first on The American Conservative .

The U.S. economy added 57,000 nonfarm payroll jobs in June, below the 110,000 that economists expected . The unemployment rate fell slightly from May’s 4.3 to 4.2 percent.  This month’s report follows May’s addition of 172,000 jobs and an upward revision of April’s report by 64,000 to 179,000.  Labor-force participation decreased by 0.3 to 61.5 percent, the lowest since March 2021. According to the household data, the number of people not in the labor force grew by 832,000.  The establishment survey data saw positive job growth in social assistance, professional and business services, and healthcare. Leisure and hospitality jobs declined. A steady job market provides room for the Federal Reserve to raise interest rates,…Open

YOUTUBE (Jesse Lee Peterson) - GET YOUR #WHM MERCH

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NPR (Rachel Treisman) - House Democrats accuse Trump of 'hijacking' America's 250th birthday for his own gain

A 55-page report from House Democrats accuses Freedom 250 of America's birthday celebrations for profit, using questionable fundraising methods. Watchdog groups had already sounded alarms.

A 55-page report from House Democrats accuses Freedom 250 of America's birthday celebrations for profit, using questionable fundraising methods. Watchdog groups had already sounded alarms.Open