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quoting note1rsx…mykkApril Jobs Report Shows Slower Job Growth and Rising Inflation, Prompting Concerns about Earnings
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#fd354de0 ver:0.65
The April jobs report reveals slower job growth and rising inflation, raising concerns about earnings and the economy. Unemployment rose to 3.9% and wage growth slowed. The positive numbers were well-received by investors, but caution is advised. The Biden administration celebrated the report, while former President Trump had a different view. The White House is monitoring the data and addressing voter frustration. The Federal Reserve may consider interest rate cuts in September. Other news includes expanded health insurance access for DACA immigrants and new rules for electric vehicle tax credits. #JobsReport #Economy #Inflation #Unemployment #WageGrowth #BidenAdministration #FederalReserve #InterestRates #DACA #ElectricVehicles...
#newstr #AprilJobsReport #UsEconomy #Unemployment #Inflation #InterestRates #BidenAdministration #Daca #ElectricVehicles #TaxCredits #Billionaires
https://here.news/story/fd354de0?ver=0.65
quoting note1nps…nwmqUS Job Growth Slows in April, Unemployment Rate Rises to 3.9%
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#2140b79c ver:1.18
US job growth slows in April, with only 175,000 jobs added and unemployment rate rising to 3.9%. The weak report aligns with the Federal Reserve's goals of cooling the labor market and preventing inflation. Investors expect interest rate cuts in September. Wage growth also slows, indicating a positive development for the Fed's inflation fight. #jobs #economy #FederalReserve #inflation...
#newstr #UsJobsReport #FederalReserve #JobMarket #UnemploymentRate #WageGrowth
https://here.news/story/2140b79c?ver=1.18
quoting note1akw…0afxCritiques of President Biden's Economy Continue to Mount
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#dd9966ba ver:0.13
Critiques of President Biden's economy continue to mount as former Reagan economist Art Laffer and Steve Forbes criticize his policies. Laffer is optimistic about the market and emphasizes pro-growth policies, while Forbes believes Biden's economy has let Americans down. Americans for Prosperity fact-checks Biden's economic claims on Bidenomics.com, challenging his record. Fox News host Laura Ingraham also criticizes Biden's handling of the economy, but without specific evidence. Biden's Chief Economist, Jared Bernstein, faced difficulties explaining money's workings, raising concerns about his understanding of basic concepts. #BidenEconomy #Critiques #FactCheck...
#newstr #PresidentBiden #Economy #Critiques #JaredBernstein #Money
https://here.news/story/dd9966ba?ver=0.13