Employers in the United States added 187,000 workers to their payrolls in July, the Department of Labor said Friday, less than expected.
The unemployment rate, however, fell to 3.5 percent.
In the preliminary report for June, the Labor Department had said that the economy added 209,000 jobs and the unemployment rate was 3.6 percent. The June jobs number was revised down to 185,000 on Friday.
Average hourly wages roe 0.4 percent for the month, slightly more than expected. Compared with a year ago, average hourly wages are up 4.4 percent.
Somewhat offsetting this, however, the average hours worked fell to 34.3 hours. This is the lowest since 2020. Hours worked is often considered a leading indicator of demand for labor, with declining hours indicating a softening of the labor market.
The labor force participation rate was unchanged at 62.6 percent.
Earlier this week, the Labor Department said that job listings came in at 9.6 million on the last day in June, just where they were in the downwardly revised figure for the end of May. Jobless claims, which are a proxy for layoffs, rose slightly last week to 227,000 from 221,000 in the prior week, figures low enough to suggest that demand for labor remains very high.
Until last month, when the jobs figure came in lower than expected, the monthly jobs numbers were repeatedly coming in higher than expected. The labor market has shown a surprising resilience in the face of rapid interest rate hikes by the Federal Reserve.
C ut and paste youtube links
Elon Musk Gets up and RIPS Nancy Pelosi to SHREDS, Evidence in showing Pelosi's Lies and Corruption!
https://www.youtube.com/watch?v=qv19kmZw8lc
“Our job as elected officials is to serve the people — not ourselves,” the Virginia Democrat said in a statement on Friday.
Nancy Pelosi Sits in SILENCE as Lauren Boebert UNVEIL New Facts on her in Congress
https://www.youtube.com/watch?v=49fs72UqZ6k
Watters: The Five (CRIME) Families of the Democrat Party
https://www.youtube.com/watch?v=BBpvvHethg0
Internet stock traders often follow Nancy Pelosi's purchases and selloffs for investing tips, Business Insider reported , with some suggesting "she's making the big bucks off of insider information."
Nancy Pelosi Sits in SILENCE as Lauren Boebert UNVEIL New Facts on her in Congress
https://www.youtube.com/watch?v=49fs72UqZ6k
San Fran patrol special officer rips Pelosi's inaction over BLACK crime surge: She doesn't care
https://www.youtube.com/watch?v=6SewBXWKj2g
SF Suffers Highest Rate of Car Break-Ins Compared to Atlanta, DC, Dallas, LA https://www.youtube.com/watch?v=iTLPISB7xig
Among the 25 largest U.S. cities, San Francisco has had the highest property-crime rate in four of the most recent six years for which data is available, bucking the long-term national decline in such crimes that began in the 1990s. Property crimes declined in San Francisco during the first year of the pandemic, but rose 13% in 2021. Burglaries in the city are at their highest levels since the mid 1990s. There were 20,663 thefts from vehicles last year—almost 57 a day—a 39% increase from the prior year, although still below the record of 31,398 in 2017, according to the police. Zusha Elinson
Watters: The Five (CRIME) Families of the Democrat Party
https://www.youtube.com/watch?v=BBpvvHethg0
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” Karen McQuillan
SAUDI DIRTY MONEY ENDS UP IN THE CLINTON FOUNDATION FAMILY SLUSH FUND
Jesse Watters: The Clintons' crooked connections
https://www.youtube.com/watch?v=tnPSvkxKuLg
HOW MANY OF THESE PIGS ARE GAMER LAWYERS?
“Protect and enrich.” This is a perfect encapsulation of the Clinton (LAWYERS-2) Foundation and the (LAWYERS-2) Obama book and television deals. Then there is the Biden (LAWYERS-3) family corruption, followed closely behind by similar abuses of power and office by the (LAWYER) Warren and Sanders families, as Peter Schweizer described in his recent book “Profiles in Corruption.” These names just scratch the surface of government corruption (YOU CAN ADD LAWYER KAMALA HARRIS AND LAWYER CHUCK SCHUMER TO THE PATHEION OF DEMOCRAT BRIBES SUCKING CORRUPT LAWYER POLITICIANS!). BRIAN C JOONDEPH
One topic that Hillary is quick to criticize President Trump on is his relationship with Saudia Arabia. It’s ironic given the Clinton Foundation’s refusal to state that they will no longer accept financial donations from The Kingdom as others have.
the confessions of an inside trader: nancy pelosi
What did she just say? https://www.youtube.com/watch?v=TFhXpFyUKQg
NANCY SUCKS BRIBES, INSIDE TRADES AND SIPHONS BRIBES THROUGH FAMILY MEMBERS
How politicians get filthy rich (by rigging the system)
https://www.youtube.com/watch?v=gfgf0UymF2M
HERE'S THE TRUTH ON DRUNK DRIVER PAUL PELOSI
Where’s the D U I?
https://www.youtube.com/watch?v=CjdbFtjQzks
Pelosi got so MAD when he asked that question https://www.youtube.com/watch?v=3JoVbiIx72Y
WHAT DID NANCY PELOSI DO FOR HER CONGRESSIONAL DISTRICT OF MELTDOWN SAN FRANCISCO? - NADA! - BUT SHE SURE RAKED IN THE MONEY BEING A FAILURE
https://mexicanoccupation.blogspot.com/2022/03/what-did-nancy-pelosi-do-for-her.html
San Fran patrol special officer rips Pelosi's inaction over BLACK crime surge: She doesn't care https://www.youtube.com/watch?v=6SewBXWKj2g
Americans are exhausted of this Nancy Pelosi saga: GOP lawmaker
https://www.youtube.com/watch?v=3E5TrgN-0Yk
Watters: The Five (CRIME) Families of the Democrat Party
https://www.youtube.com/watch?v=BBpvvHethg0
“Our entire crony capitalist system, Democrat and Republican alike, has become a kleptocracy approaching par with third-world hell-holes. This is the way a great country is raided by its elite.” ---- Karen McQuillan
Pelosi: GOP Wants to Impeach Biden to Distract from His Economic Success 1:42
Representative Nancy Pelosi (D-CA) Friday on MSNBC’s “Andrea Mitchell Reports” said she believed House Republicans wanted to impeach President Joe Biden to “change the subject” from his economic success.
Pelosi said, “This is a diversionary tactic. They just can’t stand the fact that we had a job report of over nearly 200,000 jobs today, that unemployment is 3.5 percent, 18 straight months of unemployment being under 4 percent. We’re talking about 13.4 million jobs created with Joe Biden in the White House, and working with the congressional Democrats.”
She continued, “They have to change the subject. And they have nothing to offer the American people in terms of jobs and the rest. They talk about it, but then they change the subject when it’s time to deliver. I’m so proud of the Democrats in the Congress. We fully intend to take back the House next time so we don’t have to deal with the frivolity, the waste of time of the Congress for them to go down this path. It’s really sad. I wish the Republican Party would be, somebody would take it back, that we’d have a real Republican Party. It’s up to them to decide what it is. But it shouldn’t be a cult.”
Pelosi added, “Do you understand that they have done nothing in the term, the time that they have been there, to meet the needs of the American people? Now, they have a big diversion. They have their hero being arraigned, something so sad for our country. You think they would be prayerful or thoughtful or patriotic, but instead, they want to change the subject.”
Follow Pam Key on Twitter @pamkeyNEN
Pelosi, Whose Husband Traded Timely Stocks, Calls Justice Thomas Unethical
Paul Pelosi bought more than $1 million in Nvidia just before massive subsidies were voted on. June 26, 2023 by Daniel Greenfield 22 Comments
Newsletter
Democrats, their advocacy groups, like ProPublica, and their media outlets, like the New York Times, have launched a dishonest campaign accusing conservative Supreme Court justices of being unethical.
These attacks are coming from some of the most corrupt and unethical figures and organizations in the country like ProPublica, created by the Sandler family whose greedy actions helped cause the previous recession led them to being profiled on Saturday Night Live as people who should be shot, not to mention a former Enron executive and FTX’s Sam Bankman-Fried .
Now former Speaker Nancy Pelosi ducked out of her glass house to throw some pebbles .
Former Speaker Nancy Pelosi (D-Calif.) said Sunday that it was “shameful” that Supreme Court Justices Samuel Alito and Clarence Thomas are so “cavalier” about ethics.
Speaking of cavaliers. ..
Speaker of the House Nancy Pelosi found herself in the center of a firestorm following one of her husband’s most recent stock purchases, but his stock purchases have caught the media’s attention and come under scrutiny for quite some time.
Pelosi’s latest headache ignited after her husband Paul, who owns a San Francisco investment and consulting firm, bought more than $1 million in Nvidia, a computer chip company, just weeks before a congressional vote that would provide massive subsidies to the industry.
During summer 2021, Paul cashed in on big tech shortly before the House Judiciary Committee voted to curtail the “unregulated power” of companies like Google and Amazon, Fortune reported. The move, however, wasn’t considered a threat to the companies, and the tech firms’ stock prices continued to rise.
Paul, meanwhile, had purchased 4,000 shares of Alphabet, Google’s parent company, by exercising call options a week before the vote. The call options – which give investors the right to buy shares of a company at a specific price – allowed him to snag the shares of Alphabet at $1,200 a piece as they closed that day at just over $2,500, according to Fortune. Paul earned $5.3 million on the investment at the time.
A few months before the Alphabet purchase, Paul picked up millions of dollars worth of Microsoft stock just days before the company announced a lucrative government contract.
Paul exercised call options and paid $1.95 million to buy 15,000 shares of Microsoft at a strike price of $130 on March 19, Fox Business reported. That same day, Paul paid $1.4 million for 10,000 shares valued at $140.
Microsoft announced a government contract worth nearly $22 billion to supply U.S. Army combat troops with augmented reality headsets just twelve days after Paul’s purchase, and the company’s share prices increased from about $230 to roughly $255 – or close to 11% – in the weeks following the announcement.
Ethics are for little people. And conservative Supreme Court justices. And certainly not for top Dems.
Daniel Greenfield, a Shillman Journalism Fellow at the David Horowitz Freedom Center, is an investigative journalist and writer focusing on the radical Left and Islamic terrorism.
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