US Unemployment Rate Climbs to Highest
Since October 2021
Posted By: earlybird, 8/2/2024 10:08:56 AM
The U.S. economy created fewer jobs than expected while the unemployment rate increased, signaling that the labor market could be going through a rapid deceleration at a time when the Federal Reserve could soon be cutting interest rates. According to the Bureau of Labor Statistics (BLS), there were 114,000 new jobs in July, down from 179,000 in June. This fell short of the consensus estimate of 175,000. The unemployment rate rose to 4.3 percent, up from 4.1 percent, and higher than economists’ expectations of 4.1 percent. This represents the highest jobless rate since October 2021.
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Freedom Caucus Chair Bob Good Loses Contested
Reelection Bid By 370 Votes, Recount Confirms 6 replies
Reelection Bid By 370 Votes, Recount Confirms 6 replies
A Thursday recount by Virginia officials determined that House Freedom Caucus Chair Bob Good narrowly lost his reelection bid to former state Sen. John McGuire during the commonwealth’s recent primary elections.
The final results from the Good-requested recount confirmed McGuire won the battle to become the GOP nominee for Virginia’s 5th Congressional District by 370 votes. That’s four votes fewer than the 374 vote-lead McGuire had following the state’s initial tally of the June 18 race. The former state senator will now face Democrat Gloria Witt this November.
This is a little awkward. Philadelphia Mayor Cherelle Parker appears to have accidentally posted a video on her X-account celebrating Kamala choosing Pennsylvania Governor Josh Shapiro as her Vice-Presidential nominee. [Source Link] A little awkward. (Video)
Another day, another bundle of noncitizen voter registrations discovered on state voting rolls. But there’s still nothing to see here — so say the left and their election integrity-denying accomplices in corporate media.
On Thursday, Ohio Secretary of State Frank LaRose announced he was directing local elections officials to remove nearly 500 foreign national registrations from Ohio’s voter rolls. The suspected illegal registrations were detected as part of a statewide audit of Ohio’s voter registration database.
The U.S. economy created fewer jobs than expected while the unemployment rate increased, signaling that the labor market could be going through a rapid deceleration at a time when the Federal Reserve could soon be cutting interest rates.
According to the Bureau of Labor Statistics (BLS), there were 114,000 new jobs in July, down from 179,000 in June. This fell short of the consensus estimate of 175,000.
The unemployment rate rose to 4.3 percent, up from 4.1 percent, and higher than economists’ expectations of 4.1 percent. This represents the highest jobless rate since October 2021.
President Joe Biden announced new rules on July 31 that make millions more borrowers eligible for student loan debt relief.
“Today, my Administration took another major step to cancel student debt for approximately 30 million Americans,” Biden said.
“We won’t stop fighting to provide relief to student loan borrowers, fix the broken student loan system, and help borrowers get out from under the burden of student debt.”
Norah O’Donnell, anchor and managing editor of CBS Evening News, announced on Tuesday she is stepping down from her current role.
“After this year’s election, I’ve decided I will be leaving my role as anchor and managing editor of the CBS Evening News to take on a new position at the network,” O’Donnell wrote in a letter shared with her colleagues.
O’Donnell emphasized her gratitude for the past five years with the Evening News team. She recalled achieving many milestones with them, including earning Emmy, Murrow, and DuPont awards, anchoring through the challenges of the COVID-19 pandemic, and interviewing Pope Francis.
Illegal aliens do not need to vote (per se’), they only need to exist in a captured state database as physical persons. Their personage is then shifted to voter rolls, that then generate ballots.
Any state or federal system that links a physical identity to the secretary of state voter rolls is good. Any system, like the USPS postal change of address system, that would remove physical identities from the state voter rolls is not useful. The goal is to maximize the number of systems that generate registration, that eventually generates ballots.
Beyond the Driver’s License/State ID issue (motor-voter), it’s everything. Sign up for public assistance, get registered
The t*t-for-tat will take place in the open, yet few will pay attention. We do.
You have to take this announcement in full context: (1) Sanctions against Russia failed. (2) NATO expanded, creating more provocation. (3) NATO pledged Ukraine NATO membership. (4) Biden then pledged new long-range missiles will be located in Germany in 2026 able to reach all of Russia. (5) Russia sailed a nuclear submarine into Cuba; and (6) Yesterday, Vladimir Putin pledged to put nuclear weapons close to the USA (likely Cuba) if Biden puts long-range missiles in Germany.
OK, that’s the escalation timeline. That’s the lead up to this next announcement.
Former Attorney General Bill Barr did not improperly pressure prosecutors to reduce sentencing recommendations for political activist Roger Stone, according to a new government watchdog report. The exoneration of Barr came more than four years after a deluge of media reports alleging wrongdoing.
However, J.P. Cooney, a Justice Department official now serving as Special Counsel Jack Smith’s top deputy, cultivated a politically toxic environment, disseminated baseless conspiracy theories about Trump and his political appointees, and engaged in unprofessional conduct as he oversaw the team making sentencing recommendations, according to the same report.
The Twilight Zone predicted this
7 replies
A reader pointing to the anti-Semitic riots in Washington by the spoiled brats of socialism last week made a reference to Billy Mumy and the Twilight Zone episode, It’s A Good Life.
In it, Mumy plays an 8-year-old boy named Anthony whose telepathic powers terrorize his small town in Ohio.
Anthony had not reached the age of reason, which is why he used his supernatural powers capriciously. He did not realize his actions had consequences. This led to death and destruction with the boy sending people who think a bad thought about him to the cornfield.
In popular lingo young people simply say, “that tracks.” It’s a quick way of saying, new information makes sense with pre-existing information.
Investigative journalist Seymour Hersch writes on his substack [SEE HERE], an article outlying how his sources in Washington DC and the White House have confirmed to him that former President Barack Obama was the impetus to push Joe Biden out of the 2024 presidential race.Seymour Hersh says President Obama was “deeply involved” with the alleged coup and called Joe Biden after his “incident” in Las Vegas, which, from all outward appearances, looks like a major slip and fall – with a significant hit to the head.
First, a lot of people want to talk about it, I do not.
As my grandmother would often shout when we experienced a dark outcome, “GET BEHIND ME SATAN!”
What was witnessed in the opening ceremony for the Olympics in Paris was beyond grotesque. Physical evil manifesting and parading in front of the world as if Baal was the organizer of the events. *snip)
What I will say is that a faceless demon riding a pale horse down the river Siene, to hand the Olympic flag to a team of demons who hoisted it “upside down” sounds exactly like the culture French President Emmanuel Macron has created for his nation.
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PARIS — The president of the International Olympic Committee has reaffirmed that two boxers competing in the Olympics are women, and have lived and competed as such for their entire lives. Thomas Bach also criticized the boxing federation which suspended both women, and called online harassment of Algeria’s Imane Khelif and Chinese Taipei’s Lin Yu-ting “totally unacceptable.”
Khelif and Lin are at the center of a controversy that has enveloped these Olympics over the past few days, ever since Italian boxer Angela Carini abandoned her bout against Khelif just 46 seconds into their match.
Kamala Harris’s husband’s first marriage ended after he got his children’s nanny pregnant, DailyMail.com can exclusively reveal.
Second Gentleman Doug Emhoff cheated on his first wife Kerstin with the blonde nanny, who also taught at their children’s pricey private school.
The woman, Najen Naylor, 47, did not deny the story when approached by DailyMail.com at her home in the New York millionaires’ playground, The Hamptons.
She would not comment, except to say, ‘I’m kind of freaked out right now.'
Algerian boxer Imane Khelif clinches medal
at Olympics after outcry fueled by gender misconceptions 23 replies
at Olympics after outcry fueled by gender misconceptions 23 replies
VILLEPINTE, France — Boxer Imane Khelif of Algeria clinched a medal at the Paris Olympics in an emotional fight Saturday that followed days of sharp scrutiny and online abuse as misconceptions about her gender exploded into a larger clash about identity in sports. Khelif defeated Anna Luca Hamori of Hungary 5:0 in the quarterfinals of the women’s 66-kilogram division. Khelif will win at least a bronze medal after she comfortably earned the second victory of her tumultuous second trip to the Olympics. Khelif faced outcry fueled by claims from the International Boxing Association, which has been banned from the Olympics
Second gentleman Doug Emhoff acknowledged on Saturday that he had an extramarital affair during his first marriage after the Daily Mail published a report alleging that he impregnated a nanny, CNN reported.
Emhoff admitted that he had an affair while married to his first wife, Kerstin, in a statement provided to CNN, though he did not specifically address who his mistress was. The Daily Mail story alleged that Emhoff was sleeping with a teacher at his then-young daughter’s school who also worked for the family as a nanny, and that the relationship allegedly resulted in a pregnancy.
Former President Donald Trump revealed that he had “agreed” to debate Vice President Kamala Harris in a presidential debate in September.
In a post on Truth Social, Trump wrote that he agreed to debate Harris in a debate hosted by Fox News on September 4th. The debate will also be moderated by Fox News’s Bret Baier and Martha MacCallum.“I have agreed with FoxNews to debate Kamala Harris on Wednesday, September 4th,” Trump wrote. “The Debate was previously scheduled against Sleepy Joe Biden on ABC, but has been terminated in that Biden will no longer be a participant, and I am in litigation against ABC Network and George Slopadopoulos, thereby
There is a Cheat Machine out there.
It worked in the 2020 general election and it's no doubt gearing up again for another run.
(Snip) What could the Census Bureau tell me about the results of the 2020 presidential election? Well, it told me quite a bit.
It told me that Joseph R. Biden received 81 million votes, and it told me that Donald J. Trump received 74 million votes. Three million people also voted for the Communists, the Greens, or themselves. Well, it told me that at the time of the 2020 election, there were 168 million registered voters.
81+74+3=158
158 is 94% of 168.
Chevron Taking Its Headquarters To Texas
14 replies
U.S. oil and gas giant Chevron announced Friday it will relocate its corporate headquarters from its long-time location in San Ramon, California to Houston, Texas in the coming months.
In a release, the company said chairman and CEO Mike Wirth and vice-chairman Mark Nelson will relocate to Houston by the end of this year, with remaining headquarters employees to make a gradual migration over the next five years. Employees who support the company’s remaining California operations will remain in San Ramon. Currently, Chevron has 2,000 employees in California, and 7,000 in various Texas locations.
Friday’s announcement seems symbolic of the diminishing presence of both Chevron and the oil industry itself in California.
Harris Blames Bad Economy On — Who Else?
13 replies
Vice President or Something Kamala Harris has just gotten some bad news in her quest to become the next person to pretend to be president of the United States, if she isn’t doing that already: the Biden regime Labor Department on Friday released a jobs report that shows that job growth is cratering while unemployment is rising. As job growth has been one of the chimerical accomplishments that Old Joe and his henchmen have most often touted as evidence of the “success” of the regime, this was the last thing the woman whom we now all love and admire wanted to hear.
Democratic strategist James Carville said Tuesday on MSNBC’s “The Beat” that Vice President Kamala Harris was “not close” to beating former President Donald Trump in November.
Guest host Michael Steele said, “I want to touch on a little bit of the noise he made earlier this week, which I personally appreciated and wanted to make sure people understood what I thought of what you said, when you caution folks. All the exuberance and all the excitement we are seeing right now in the campaign is good, it’s healthy, it is important, particularly given the campaign for Joe Biden was. Your point is don’t let that exuberance cloud
JD Vance is a Hero
12 replies
It’s too late for me. I followed the feminist lie through most of my life, only to wake up much too late to have lived it a better way. You see, it takes a while to realize that it really is about the warm body next to you. It is about the laughing children and grandchildren. (Snip)
There will be problems with every family, unforgettable tragedies, broken hearts, and dreams deferred. And there are sometimes mothers who become addicted to drugs.
As I watched The Machine surround JD Vance like a pack of hyenas going in for the kill, I was disgusted on so many levels
Well, ladies and gentlemen: the chips are down — literally and figuratively.
Two years ago, Joe Biden and Kamala Harris touted their “Chips Act” to bring the semiconductor industry back home from Taiwan, China and Singapore.
The price tag on the bill: a cool $280 billion of corporate handouts. It was arguably the largest corporate welfare bill in American history.
Intel, Micron, Global Foundries, Polar Semiconductor, Taiwan Semiconductor Manufacturing Company, Samsung, BAE Systems, and Microchip Technology have been the direct beneficiaries of the law.
This was supposed to be one of the “Crown Jewels” of the Biden-Harris admin. A massive job creator that would allow America to take back its technological
leadership.
Donald Trump announced late Friday night that he has accepted an offer from Fox News to debate Kamala Harris in September.
The former president said in a Truth Social post the debate would be held in Pennsylvania on Sept. 4 and hosted by Fox News anchors Bret Baier and Martha MacCallum.
Harris has wanted Trump to stick to the scheduled Sept. 10 debate on ABC News which was originally slated to be a showdown between Trump and President Biden.
The ex-president had previously agreed to the ABC News debate. But following Harris’ ascension to Democratic nominee for president after Biden dropped out of the race,
Comments:
...Biden's bogus claims notwithstanding...