Unemployment Ticks Up to 3.7 Percent

The jobs report continues to bring mixed results for Joe Biden.

Jobs continue to be added as more companies are coming back from the pandemic.

However, unemployment has yet to reach pre-pandemic levels.

In fact, it is starting to rise again, a concerning sign.

Now What They Had Hoped

The job market was not quite as robust as July, but that is to be expected.

July is typically when summer jobs are added, which slowly dissipate toward the end of August and September.

To that point, August “only” added 315,000 jobs, compared to 526,000 in July.

Job growth is still good, but the problem is that unemployment is going back up again.

It rose 0.2 percent, to 3.7 percent, still well above the pre-pandemic levels when Trump was in office.

The market initially surged, but slowly started to crawl back as the day went on before the long holiday weekend.

The Fed is also expected to hike interest rates by 75 points again in an effort to slow down the economy.

We will start to feel the effects of Biden’s out-of-control spending very soon, so keep that money tight to the vest for now.

A recession still looms, with the majority of economists now believing it will hit us something in the next six to nine months.

Source: New York Post

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

23 Responses

  1. I’m making $80 per/hr to complete some jobs on the laptop. I have not at all believed that it’d even possible but my close buddy was making $27k only in five rds weeks working this easy offer and she had influenced me to join. Check extra instructions by visiting following web

    >>> Just Tab On My ID HomePayment

  2. The Fed (Biden) has really done nothing to improve the real numbers. What we see is a post pandemic trend. When that levels out the numbers will be a disaster.

  3. If it wasn’t so serious, it would be amusing the way the “Press” constantly twists things around to show Joey in a positive light. He’s a total disaster and if he’s still around three years from now America will be unrecognizable.

  4. What a demented old perverted clown !!!! This is what you get when the President is APPOINTED rather than actually being ELECTED !!!!!! NEVER AGAIN !!!! MAGA !!!! TRUMP 2024 !!!! PROSPERITY AND FREEDOM ONCE AGAIN !!!!

  5. biden is such an F’ng pinhead, he is the dumbest, most ignorant, ineffectual, and incompetent POTUS ever his brain is gone and he shows it! He is filled with hate, and jealousy and doesn’t try to hide it. He needs to go by some way!

  6. Joey the Potato Head needs to be very late term after birth aborted. After all, doesn’t he support the murder of babies?

  7. Please America vote Republican and Save America because the Democrats are destroying your freedom. I came he 50 years age and i see the Communist democrats destroying every way of life

  8. I,FOR ONE AM DISAPOINTED THAT OLE STUPID BIDEN CONSIDERS THE AMERICAN PEOPLE STUPID ENOUGH TO BELIEVE HIS RANTING LIES, WE ARE NOT STUPID AS HE THINKS WE ARE, IT IS AN INSULT TO THE AMERICAN POPULATION, WE ARE AWARE THAT HE IS OUT FOR PERSONAL GAIN AND THAT ALONE , NO CONSIDERATION FOR THE AMERICAN PATRIOTS, HE IS NOT FIT TO CLEAN THE TOILETS IN THE WHITE HOUSE MUCHLESS TO RESIDE THERE..

Leave a Reply

Your email address will not be published.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

PRESIDENTIAL NEWS

CONGRESSIONAL NEWS

GOP CHAIR TWEETS

Thank you to our amazing grassroots volunteers who have already made over 50 MILLION volunteer voter contacts this cycle! #LeadRight

🚨🚨 Fantastic Day of Action across Wake County! With ONLY 44 days until Election Day, our grassroots engagement and energy is unstoppable!

Thank you to the incredible #NCBoots volunteers who came out in support of @wakegop Republicans Up and Down the Ballot!

#LeadRight 🇺🇸🇺🇸

Load More...

MILITARY NEWS

VIDEOS & QUICK READS