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“Larry Summers says steep joblessness needed to beat inflation” Former Clinton Treasury Secretary Larry Summers is defending his comments from last month in which he claimed that millions of Americans may need to lose their jobs in order for inflation to come under control. Summers, who has emerged as a chief critic of the Biden…
“US economy added robust 390,000 jobs in May despite inflation, recession fears” US employers added a healthy 390,000 jobs in May, extending a streak of solid hiring that has bolstered an economy under pressure from high inflation and interest rates. Last month’s gain reflects a still-healthy job market despite concerns that the economy will weaken…
“Biden’s big jobs lie is another sign he won’t right the US economy” The president sure loves repeating his empty brags on job creation. He crowed in a press release Friday about the latest jobs data that “our plans and policies have produced the strongest job creation economy in modern times.” Fact check: Joe Biden…
“US economy adds 428,000 jobs in April, beating forecasts” America’s employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Friday’s jobs report from the Labor Department showed that last month’s hiring kept the unemployment…
“Biden wants you to believe he’s creating jobs — despite what’s happened” President Joe Biden loves to take credit where it isn’t due on the economy. “Americans are back to work,” he said Friday of the latest jobs report, citing “record job-creation” and “record wage gains.” Nothing could be further from the truth. Nominal wage gains…
“#Biden’s sorry bid to spin December’s weak jobs report” Another bad jobs report shows the obvious: Bidenomics is a total disaster. President Joe Biden knows it, too, even though he cheered Friday’s jobs report — before accusing Republicans of being concerned about high inflation only because they want people to be too poor to afford…
“#So-called moderate Biden cozies up to leftist Dem flank” After Joe Biden was elected president, I had a conversation with a Wall Street banker friend who is deeply involved in Democratic politics. He could see I was worried. He knew my views about Trump: didn’t like his tone, his Twitter noise and the antics of…
“#US sees December job boost to close out 2021” The US added just 199,000 jobs in December, falling well short of expectations as employers battle workplace disruptions due to the highly contagious Omicron variant, the Labor Department said Friday. Despite the lower-than-expected payrolls, the US unemployment rate fell to 3.9 percent, down from 4.2 percent…
“#As Dem policies fail, prepare for major political changes: Goodwin” Heart be still, but America is in the early stages of what could be a major political shift. On issue after issue, from soaring crime to inflation to critical race theory, Democrats and the far left are being forced to play defense because their radical…
“#US added just 210k jobs in weaker than expected November report” The US added just 210,000 jobs in November, seriously underperforming analyst expectations amid concerns that the Omicron variant of the coronavirus could put recent gains at risk, the feds said Friday. Analysts surveyed by the Wall Street Journal had expected a far higher gain…