“Could Drag The Entire Economy Under”
The Pro Trump News home page features 60 new headlines every 24 hours, click here to see them. The July employment report is out. It’s not good. Employment was expected to increase by 175,000, but only 114,000 jobs were created. The unemployment rate also rose to 4.3%, higher than expected. The Epoch Times reported: The […]
Report: U.S. Economy Added 114K Jobs In July, Unemployment Increases To 4.3%
(Photo: Olivier Dourilley/AFP via Getty Images) By James Myers, OAN StaffFriday, August 2, 2024 7:56 AM U.S. job growth slowed more than expected in July and the unemployment rate rose to 4.3%, raising concerns that the labor market is stagnating and the economy could tip into recession. advertisement The Labor Department’s Bureau of Labor Statistics […]
US economy added a paltry 114,000 jobs in July, unemployment spikes to 4.3%
U.S. job growth slowed more than expected in July and the unemployment rate rose to 4.3%, raising concerns that the labor market could worsen and tip the economy into recession. In its closely watched jobs report released Friday, the Labor Department’s Bureau of Labor Statistics said nonfarm payrolls rose by just 114,000 last month after […]
U.S. Economy Added Just 114,000 Jobs in July, Unemployment Surges
The Labor Department said Friday that U.S. employers added 114,000 workers in July, helping push the unemployment rate up to 4.3%. Economists had expected 180,000 jobs and an unemployment rate of 4.1%. Disappointing employment growth and a sharp rise in the unemployment rate suggest the economy may be heading toward a recession. The unemployment rate […]
Dow tumbles over 500 points on worries about slowing economy
Wall Street stocks fell Thursday along with bond yields after further signs suggested U.S. economic growth was slowing. The Dow Jones Industrial Average fell 555 points, or 1.4 percent, to 40,287, while the Nasdaq lost 1.7 percent. The S&P 500 fell 1.1% as weak U.S. manufacturing data erased a 0.8% morning gain. The Dow Jones […]
Election 2024, Trump, Vance, Harris, economy, manufacturers
Jay Timmons, president and CEO of the National Association of Manufacturers, talks about what he wants from the next administration to ensure the industry continues to grow and maintain its global dominance. Regardless of who occupies the White House in November, the blueprint for keeping American manufacturing thriving is fairly simple, thanks to the 2017 […]
Kamala Harris’ green-energy policies would destroy Pennsylvania’s economy — and hurt every American
Since the first oil well was drilled in America Titusville Since 1859, Pennsylvania has been a pioneer in the development of energy production in our nation. Today, the industry provides nearly 500,000 jobs to the Keystone State and contributes more than $75 billion to the state’s economy. With Vice President Kamala Harris now the presumptive […]
70% Say Kamala Harris’s Economy Is Getting Worse
According to a Gallup poll, 70% of adults say the economy is getting worse under President Joe Biden and Vice President Kamala Harris. Gallup surveyed 1,010 adults between July 1 and 21, 2024, and found that only 24% believe the economy is improving. In February, just 61% of people said the economy was getting worse, […]
Thailand to Give Millions of Citizens $275 Each Due to Struggling Economy
Thailand is preparing to hand out digital cash to around 50 million citizens in an effort to jump-start its sagging economy. Only eligible businesses and individuals can enroll in the controversial program, reports the Associated Press. report July 15th. “In April, the government unveiled an ambitious, widely criticised plan called ‘Digital Wallet’ to give 50 […]
U.S Economy Accelerates By More Than Expected, Yet Inflation Remains Stubborn
The U.S. economy grew at an annualized rate of 2.8 percent in the second quarter, well above the 2 percent forecast by Wall Street analysts. The stronger-than-expected growth indicates the economy is continuing to expand despite high interest rates, raising questions about the need for the Federal Reserve to cut interest rates in the near […]