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Jobs Report Indicates All Job Growth Is Going to Americans Rather Than Migrants

Jobs Report Indicates All Job Growth Is Going to Americans Rather Than Migrants

July Employment Report Highlights Benefits for Native-Born Americans The recent July report from the Bureau of Labor Statistics, shared by President Trump’s Department of Homeland Security, reveals that all employment gains are going to native-born Americans, not those from overseas. During a CNBC interview on Tuesday, Trump celebrated the new employment figures, viewing them as […]

Disappointing July jobs data raises expectations for a Fed rate cut in September

Disappointing July jobs data raises expectations for a Fed rate cut in September

Lisa Shalett, Chief Investment Officer at Morgan Stanley Wealth Management, recently joined a discussion to evaluate how investors perceive the market after conflicting employment reports. The recent employment data has led the market to increasingly anticipate interest rate cuts by the Federal Reserve at their upcoming meeting in September. This change follows the Federal Open […]

What are the changes made to the jobs report and what causes them?

What are the changes made to the jobs report and what causes them?

Trump’s Dismissal of BLS Commissioner Raises Questions In a recent discussion on a segment of Varney & Co., Alicia Finley from the Wall Street Journal’s editorial board talked about President Donald Trump’s claims regarding the employment report. Trump alleges that the Bureau of Labor Statistics (BLS) manipulated data to favor Joe Biden before the election. […]

Businesses Are Cutting Jobs Due to AI

Businesses Are Cutting Jobs Due to AI

A recent report indicates that AI has already led to tens of thousands of job losses in the United States. Gray & Christmas, a firm specializing in executive outplacement, notes that the tech sector is undergoing significant restructuring, with job cuts rising by 36%. In fact, the rapid adoption of AI by private companies resulted […]

Japanese Yen declines as USD pauses after Friday’s weaker US jobs report.

Japanese Yen declines as USD pauses after Friday's weaker US jobs report.

Japanese Yen Weakens as Bank of Japan Rate Hike Expectations Diminish Yen shows weak performance due to reduced expectations for BOJ rate hikes. Anticipated USD rebound may support USD/JPY exchange rate. Forecasts for a Fed rate cut in September could hinder the USD. The Japanese Yen (JPY) is experiencing a softer tone against the strengthening […]

Trump argues in favor of dismissing the labor statistics chief following a poor jobs report

Trump argues in favor of dismissing the labor statistics chief following a poor jobs report

President Trump defended his choice on Sunday to dismiss the Director of Labor Statistics (BLS) after a disappointing employment report was released. On his social media platform, Trump described the poor job count from Friday as a prime example of mismanagement, claiming that BLS committee member Erika McEntarfer “has made the biggest miscalculation in over […]

Trump Cleared Amid Jobs Decline; Powell Embarrassed

Trump Cleared Amid Jobs Decline; Powell Embarrassed

Trump, Waller, Bowman, and Dutta’s Role in the July Jobs Report The July employment report was disappointing for American workers, the economy, and Jerome Powell’s Federal Reserve. There’s a notable connection involving Donald Trump, who opposed Fed Governors Christopher Waller and Michelle Bowman in favor of economist Neil Dutta. Employment figures showed an increase of […]