While the jobless rate unexpectedly increased to its highest point in over three years, U.S. job creation abruptly stopped in July.
According to Labor Department data released on Friday, employers added 114,000 jobs in July, falling short of the 175,000 gain forecast by LSEG economists. In addition, the jobless rate unexpectedly increased to 4.3% from 4.1%, despite predictions that it would remain stable.
“It marked the highest level for the jobless rate since October 2021,” Fox Business reported.
“Temperatures might be hot around the country, but there’s no summer heatwave for the job market,” said ManpowerGroup North America president Becky Frankiewicz. “With across-the-board cooling, we have lost most of the gains we saw from the first quarter of the year.”
Another new survey is good news for former President Donald Trump after President Joe Biden dropped his re-election bid and endorsed Vice President Kamala Harris.
According to the CNN survey, 49 percent of respondents supported Trump, while 46 percent backed Harris. SSRS conducted the poll.
The poll was conducted among registered voters who had previously participated in CNN surveys in April and June, where Trump was leading Biden by 6 points.
According to Newsmax, the poll found:
- 64% said Republicans have a better chance of winning the presidency in 2024 if Trump is the party’s nominee.
- 50% said their vote is more in support of Harris than against Trump, compared to 37% of Biden’s supporters who said their vote was mainly to express support for the president.
- 74% said their vote is to express support for Trump rather than their opposition to Harris.
- Among Harris supporters younger than 45, 43% say their vote is more in support of her than against Trump, up from 28% of Biden voters in that age group who felt the same way about the president in June.
- Democrats and Democrat-leaning voters are split over whether the next nominee should continue Biden’s policies (53%) or take the country in a new direction (47%).
- 88% of Republicans and Republican-leaning voters say Republicans have a better chance to win with Trump at the top of the ticket.
X platform boss and billionaire entrepreneur Elon Musk wasted no time dumping on Harris after Biden endorsed her.
“It has been the greatest honor of my life to serve as your President,” Biden wrote in a letter posted to social media and elsewhere online on Sunday. “And while it has been my intention to seek reelection, I believe it is in the best interest of my party and the country for me to stand down and to focus solely on fulfilling my duties as President for the remainder of my term.”
Not long afterward, he endorsed Harris. “My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President,” the president said. “And it’s been the best decision I’ve made.
“Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it’s time to come together and beat Trump. Let’s do this,” he added.
That led Musk to post an older video clip of Harris chairing a meeting where she introduces herself this way: “Good afternoon. I want to welcome these leaders for coming in to have this very important discussion about some of the most pressing issues of our time. I am Kamala Harris. My pronouns are ‘she’ and ‘her.’ I am a woman sitting at the table wearing a blue suit.”
In the post, Musk wrote: “Imagine 4 years of this…”
The remarks in question were from a “roundtable with disability advocates,” according to a White House transcript, held on July 26, 2022.
Others mocked Harris as well. At the time, GOP Rep. Lauren Boebert of Colorado posted on X: “Kamala Harris just introduced herself with she/her pronouns at an official event. She then clarified that she was a ‘woman’ sitting at the table wearing a blue suit. This is what happens when your speechwriter quits and you hang around with Geriatric Joe too long.”
Fox News host Sean Hannity said during a Monday show segment that Harris is most guilty of covering for Biden during their nearly four-year term as his mental health and acuity declined.
The segment featured Dr. Ronny Jackson, a former White House physician and now GOP congressman from Texas, who knew Biden well while serving as then-President Barack Obama’s personal doctor, as well as longtime journalist Charlie Hurt, the latter of whom blamed Harris directly for hiding Biden’s condition from the country for years.
