July 13 Butler Rally First Time Secret Service Sent Counter-Sniper
The assassination attempt at former President Donald Trump’s rally in Butler, Pennsylvania on July 13 marked the first time the Secret Service had deployed snipers to a Trump event to protect the 45th president, the service confirmed. “This is the first time that Secret Service counter-sniper personnel have been deployed to assist a former president’s […]
Harris Campaign Hauls In $310 Million For July
Vice President Kamala Harris’ campaign announced Friday that her campaign had raised $310 million in July, according to multiple reports. The vice president’s new figures came after President Joe Biden wrapped up his reelection effort and endorsed Harris as the party’s new presumptive nominee. In addition to the more than $300 million this month, her […]
July jobs report breakdown: Which industries hired the most workers?
Olu Omodunbi, chief economist at Huntington Private Bank, said on “The Craman Countdown” that the jobs report points to a slowdown in the labor market. Job growth slowed in July as many industries, including manufacturing, retail and trade, cut jobs. Employer Added 114,000 jobs added in JulyThe Labor Department said in its monthly payroll report […]
July Jump in Unemployment Triggers Key Recession Indicator
The economy may already be in recession. The sudden and unexpected rise in the unemployment rate in July meant that the U.S. jobless rate crossed a key threshold that usually means the economy is in recession. The U.S. Labor Department said Friday that the unemployment rate rose to 4.3% in July, bringing the three-month moving […]
A closely tracked recession signal just got triggered by the July jobs report
Economist Peter Morici criticized the Biden administration’s economic policies, discussing tax cuts on Social Security benefits that former President Trump promoted during his election campaign. Weaker than expected July employment report A reliable recession indicator The policy, closely watched by Wall Street, has rekindled concerns about the health of the U.S. economy and triggered a […]
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 […]
US job growth slows to 114K in July while unemployment unexpectedly jumps
Construction is booming in states such as Arizona, California, Florida and Texas. U.S. job growth slowed sharply in July and the unemployment rate unexpectedly rose to its highest level in nearly three years. The Labor Department said on Friday that employers 114,000 jobs The number of people employed in July rose by 15,000 year-on-year, short […]
US adds 114K jobs in July, jobless rate rises to 4.3 percent
U.S. employment increased by 114,000 jobs in July, and the unemployment rate rose to 4.3%, according to data released Friday by the Labor Department. Economists expect the U.S. to add 175,000 jobs and keep the unemployment rate steady at 4.1%. The July jobs report came two days after Federal Reserve officials signaled they could start […]