The U.S. economy added 164,000 jobs in July, a decline from June, but still staying within economists' expectations. The unemployment rate stayed the same at 3.7 percent.
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July Jobs Report: 164,000 Jobs Added, Unemployment Stays At 3.7 Percent | Morning Joe | MSNBC
What about work force participation rates?
The labor force participation rate increased. It’s the highest its been in decades.
@DesignatedOperator 63%.
I still would never give my vote to Treblinka Trump!
@finalfantasy tamilnadu I am that swing voter! I didn’t for 25 yrs until 2018. Traitor Trump can stick it where the sun don’t shine!
Grim Reefer, better give it to Dachau Bernie…
@texas thunder why do you feel it has any relevance
I have kids, who graduated college and the only jobs they can find are part time, minimum wage jobs. Employers don’t want to hire full time employees because they would have to provide benefits. America is eating itself alive and watching a reality tv show host feeding them.
Maybe your kids shouldn’t have majored in women’s studies and art.
The economy proves to be strong month after month. Republicans rightly give Trump credit and are happy about it. In contrast, 25% of the comments from Democrats are, “Thank you Obama.”
25% are, “But I’m still waiting for the next recession.”
25% are, “These numbers have to be fake because I hate Trump and I want him to fail.”
25% are, “But my son who majored in Gender Studies can’t find a job.”
@Not a Robot Trump has been president a little over two years think about that when you’re blaming Trump
@dirty69impala yeah so let’s open up our borders and allowed millions of illegals to come in that will make things better especially the job market
@Bill Pardew Trump owns the TRILLION 💲💲💲💲 debt THIS year. The tax cuts for the super-rich are exactly what is making the debt skyrocket — according to the administration’s own calculations. https://thehill.com/policy/finance/453177-wh-projects-1-trillion-deficit-for-2019
Trump is anti-science. Instead of following the advice of the experts — he ignores it, distorts it — or just plain lies. https://www.ucsusa.org/center-science-and-democracy/promoting-scientific-integrity/sidelining-science-from-day-one
So these figures are from the US Labour Dept – whose head was appointed by Trump?
Is there a way to check these numbers?
Yawn
@Ed Dursky Think its bad now, ask yourself this as we approach the end of summer: Who’s gonna bring in the harvests? Trump and his DHS head made a deal with the 2 largest private for-profit prison corporations… for 85,000 “units” a day incarcerated. (That means DonTheCon is excited to pay these 2 companies 65.8 millions dollars PER DAY to lock up brown people… (sometimes legal citizens)
Not deport them, not process them….. just jail them, until they hit their occupancy goal.
And that 65mil is JUST incarceration, they still demand that Congress appropriate funds to pay for basic life essentials, like food, water, beds, soap, diapers…… Because apparently these 2 companies dont know how to buy all that for less than $775 per person per day….
We have depended on migrant pickers across the nation for decades, and this year…. they just may not be there…
Foods gonna rot on the vine, prices will spike on produce, and Trump will still be bragging about his unemployment rates….
(snark) 😉
I checked the numbers. More jobs were added than what the official report states.
I still think we need Andrew Yang’s UBI rather than trying to measure economics using GDP
There should be an additional valuation that measures household debt and income growth. GDP is a stock market metric that illustrates the big picture but not the microeconomics that really determines how people live their daily lives.
yes, and this is how they deflect the real issue. how is the average citizen doing?
China knows, their best option is to sit trump out. This hurts the US as much as China, but China still sits on mountains of money, has a leverage in US treasury bonds and also knows trump can lose next year and then this tariff war is over. So, what can they do? Take the pain, deflect part of it to the US and speculate on an economic downturn in 2020 just in time for the general election – and it will be all on trump.
trump hatches his bet on China backing down. Not very likely when you consider the above.
LOL China?? ? More tariffs!!
@Big Poppa Trump You do understand how tariffs work right?
If a chinese TV costs 100, and Trump adds his tariffs to make it 130…. China dont pay that extra $30, the consumer does. We do. The actual civilian purchaser putting it in the cart pays the tariff….
How is that supposed to hurt China?
Dont trust the financial advice from a guy with more bankrupt businesses than successful ones. Dont trust the financial advice from the guy who refuses to release his tax returns, sued to prevent his offshore bank from releasing any of his finances, and committed campaign finance fraud to cover up his infidelity with his 3rd wife….
china and japan have had a culture that looks hundreds of years into the future. they are aware that time is passing and they take the extreme long view of history. so in the end they are just waiting this out. yes, totally agree.
LOL If you buy anything from China!! And China has No fresh water do to pollution but they just planned that out in the future!! The future looks grim!!
USA USA USA
YAH THANK U TO OUR GREAT WINNING PRESIDENT TRUMP.WHO WILL BE REELECTED IN 2020 AND HIS SON IN 2024_2032.WINNING BABY AND NOW CAN U DIG THAT SUCKAAAAAA.
LOL
The federal reserve will soon be no more gold is coming back.
headline unemployment is a lie
there a tons of people who leave the workforce and never work again.
Yeah that’s called retirement that that that
And if they’re not retiring they’re called Democrats
When you figure in Nissan’s layoffs, Lowes layoffs, GM’s layoffs, Harley Davidson, Carrier, etc etc you will paint a clearer picture…. and don’t forget the insanely out of control deficit all you conservative types in Congress who voted to increase it.
…unemplyment % just don’t seem to match REALITY….for decades, and it’s getting worse. A good % of people I know before retiring were not working the required 20+ hours a week….for the previous half year….so they were never counted as “unemployed”.
The economy is : 1) not very good for the average person 2) going to crash soon due to more unregulated Casino Capitalism/Welfare for the rich that 45*/current GOP exploded (even more than under Bushy Jr.) with his/their 2 trillion tax cut for the rich, which reports have shown is a complete bust for the economy…even the Congressional Research Office concluded this: job growth is down, business investments are negative (they are hoarding all their new riches), wages are still stagnant, etc.
Couple of Robert Reich vids explain some of this:
https://www.youtube.com/watch?v=BYWEIufMjUM
https://www.youtube.com/watch?v=gECPImasa7A
And a good read: https://www.counterpunch.org/2019/07/19/the-numbers-are-in-and-trumps-tax-cuts-are-a-bust/
Much more can be read by searching for “2017 tax cuts are a bust”. We have decades of data and history that show that trickle down/reagan/GOP/supply side economics don’t work.
Much like Trump, the economy is largely a facade based on falsehoods and hype. A closer look at the fundamentals reveals the true story. Supply side economics has never worked but they are trying to use this blip to justify decades worth of negative data.
Actually, Democrats simply want the economy to fail.
REELECTION 🙂
why is the interest rate being lowered?
Donald J. Trump stands alone as the Greatest US President ever. He makes previous Presidents look failed and like they haven’t done anything. Here are a few of his great accomplihments in just 2 1/2 years:
Almost 4 million jobs created since election.
More Americans are now employed than ever recorded before in our history.
We have created more than 400,000 manufacturing jobs since my election.
Manufacturing jobs growing at the fastest rate in more than THREE DECADES.
Economic growth last quarter hit 4.2 percent.
New unemployment claims recently hit a 50-year low (since 1969).
Median household income has hit highest level ever recorded.
African-American unemployment has recently achieved the lowest rate ever recorded.
Hispanic-American unemployment is at the lowest rate ever recorded.
Asian-American unemployment recently achieved the lowest rate ever recorded.
Women’s unemployment recently reached the lowest rate in 65 years.
Youth unemployment has recently hit the lowest rate in nearly half a century.
Lowest unemployment rate ever recorded for Americans without a high school diploma.
Under my Administration, veterans’ unemployment recently reached its lowest rate in nearly 20 years.
Almost 3.9 million Americans have been lifted off food stamps since the election.
The Pledge to America’s Workers has resulted in employers committing to train more than 4 million Americans. We are committed to VOCATIONAL education.
95 percent of U.S. manufacturers are optimistic about the future—the highest ever.
Retail sales surged last month, up another 6 percent over last year.
Signed the biggest package of tax cuts and reforms in history. After tax cuts, over $300 billion poured back in to the U.S. in the first quarter alone.
As a result of our tax bill, small businesses will have the lowest top marginal tax rate in more than 80 years.
Helped win U.S. bid for the 2028 Summer Olympics in Los Angeles.
Helped win U.S.-Mexico-Canada’s united bid for 2026 World Cup.
Opened ANWR and approved Keystone XL and Dakota Access Pipelines.
Record number of regulations eliminated.
Enacted regulatory relief for community banks and credit unions.
Obamacare individual mandate penalty GONE.
My Administration is providing more affordable healthcare options for Americans through association health plans and short-term duration plans.
Last month, the FDA approved more affordable generic drugs than ever before in history. And thanks to our efforts, many drug companies are freezing or reversing planned price increases.
We reformed the Medicare program to stop hospitals from overcharging low-income seniors on their drugs—saving seniors hundreds of millions of dollars this year alone.
Signed Right-To-Try legislation.
Secured $6 billion in NEW funding to fight the opioid epidemic.
We have reduced high-dose opioid prescriptions by 16 percent during my first year in office.
Signed VA Choice Act and VA Accountability Act, expanded VA telehealth services, walk-in-clinics, and same-day urgent primary and mental health care.
Increased our coal exports by 60 percent; U.S. oil production recently reached all-time high.
United States is a net natural gas exporter for the first time since 1957.
Withdrew the United States from the job-killing Paris Climate Accord.
Cancelled the illegal, anti-coal, so-called Clean Power Plan.
Secured record $700 billion in military funding; $716 billion next year.
NATO allies are spending $69 billion more on defense since 2016.
Process has begun to make the Space Force the 6th branch of the Armed Forces.
Confirmed more circuit court judges than any other new administration.
Confirmed Supreme Court Justice Neil Gorsuch and nominated Judge Brett Kavanaugh.
Withdrew from the horrible, one-sided Iran Deal.
Moved U.S. Embassy to Jerusalem.
Protecting Americans from terrorists with the Travel Ban, upheld by Supreme Court.
Issued Executive Order to keep open Guantanamo Bay.
Concluded a historic U.S.-Mexico Trade Deal to replace NAFTA. And negotiations with Canada are underway as we speak.
Reached a breakthrough agreement with the E.U. to increase U.S. exports.
Imposed tariffs on foreign steel and aluminum to protect our national security.
Imposed tariffs on China in response to China’s forced technology transfer, intellectual property theft, and their chronically abusive trade practices.
Net exports are on track to increase by $59 billion this year.
Improved vetting and screening for refugees, and switched focus to overseas resettlement.
We have begun BUILDING THE WALL. Republicans want STRONG BORDERS and NO CRIME. Democrats want OPEN BORDERS which equals MASSIVE CRIME.
Thank you, Donald Trump🇺🇸
How do we know these numbers aren’t hacked by foreigners??
YA BABY!!!!!! AMERICA IS WINNING!!!!!
Trump is doing a great job on the economy and in stopping illegal aliens. Unfortunately, good job figures make Democrats angry. They’ve made it clear time and time again that they want the economy to fail.
The economy proves to be strong month after month. Republicans rightly give Trump credit and are happy about it. In contrast, 25% of the comments from Democrats are, “Thank you Obama.”
25% are, “But I’m still waiting for the next recession.”
25% are, “These numbers have to be fake because I hate Trump and I want him to fail.”
25% are, “But my son who majored in Gender Studies can’t find a job.”