The U.S. economy added 528,000 jobs in the month of June and the unemployment rate was at 3.5% according to the Bureau of Labor Statistics monthly report. NBC’s Jacob Ward has details.
» Subscribe to NBC News:
» Watch more NBC video:
NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows.
Connect with NBC News Online!
NBC News App:
Breaking News Alerts:
Visit NBCNews.Com:
Find NBC News on Facebook:
Follow NBC News on Twitter:
#JobsReport #unemployment #News
source
This is the most bizarre economy ever. I’m not feeling good about where things are going and will not celebrate too soon. Jobless claims increased last week of July. Inflation is here for a long time. Housing market could tumble at any moment.
What percent are jobs with benefits? What percent is keeping up with cost of living?
Hey, the s should be capital 'S'
Pitiful
Troubling signs for the economy, while the economy added 528,000 jobs in July. US jobless claims rose to its highest level since January 2022 with 1,628,860 new claims under Biden.
No these jobs are not jobs, they are paying like $10 per hour. Biden promised to sign the executive order to raise minimum wage to $15 but he lied. Yet again. Nonetheless, those jobs are not paying a livable wage. This is why people are quitting jobs left and right and no one can keep workers.
If you don't like the economy re inflation, put the blame where it belongs–on the price gouging corporations.
Lmao more jobs that the U.S. people aren't willing to do. Assuming the numbers are even real.
As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future!
It was Trump putting the economy on steroid before the Wuhan virus abruptly stopped it. And it is coming back the way it was just before with the disastrous consequence of Biden. That's why it is not making any sense.
If the economy is doing soo very well, then why are soo many more using credit cards to buy groceries??? What is it that 'they' are not telling us? Are 'they' cooking the numbers?
Don't let them fool you. If you run out of benefits your no longer counted as unemployed because you can't file for money you don't have. This the numbers come down. Remember people midterms are coming. And Biden needs a win no matter what lie he tries to push. Also how can that be when he's hiding thousands of illegals in this country. Or is he counting them.
Just as Obama/Biden pulled the Bush economy out of the hole. Biden seems to be mimicking the same to pull tRumps economy out of the hole. Build Back Better is working and probably making tRump roll over in his sleep. Gold is low which is to say the economic outlook is good. The fed is raising the t
rates which again is a sign of looking up. The main factor is can Biden reduce tRumps inflation that has hit us now due to response lag. Had mercicans not had a massive bailout in 2020 due to really poor 2017 tax plans and the poor handled pandemic who knows where we would be.
It's funny how when capitalism fails, America implements socialist/welfare tactics and call it 'stimulus'. Why do we need stimulus if the economy is rocking as we were told? It's because we were told a lie for 4 years.
America is suffering inflation because of tarrifs that the Chinese did not only NOT pay for but America did. And Chinese prices in themselves are higher because of them. I always said if you can bankrupt a casino you can certainly do the same with a country. Good thing we didn't have four more years of that ignorant stupidity.
When is the recession coming? That's what the media keeps telling me.
Starting early is the best way of getting ahead to build wealth, investing remains a priority.i have made over €49,600 from the housing/Bitcoin and Gold market has plenty of opportunities to earn a huge amount of money.
prices are so high that everyone from 14 years old and up have to get a job or 2..
but it looks good on paper. go jive the turkey that didn't pass Jr. High economics
Thanks to clonehack he made me to become what i am today with the help of $10,000 thanks you will forever be remembered
The numbers are fixed, the job growth is about to tank, Netflix, Walmart, Amazon going to lay off thousands and other small companies are either going out of business or cutting hours as the economy heads to Hyper Inflation
Same old decades and decades of slavery Fed min wages.
Nothing has changed but inflation Jack up by 150%
Wages for the rich has increased over 500%
Nothing but crumb's for the poor working class people.
Same old 80 years of Americans greed and scandals and swindling people blind
With the corrupted hijacked government putting the working class in to bondage and oppression and in poverty from the Fed min wages of $ 7.25 hr
With today inflation wages should be over
$27.00 hr !
Americans greed continues with our swindling politicians and swindling corporations and banker's an corrupted government.
They do not say that all of the net 528,000 are part time and low paying jobs in the service sector.
Yea right…When will the USA EVER tell the truth…. HEHEHE
Just because people are employed doesn't account for people being under employed. When a doctor gets a job at Walmart, Biden calls it a success
Wow Biden is doing well
Yea! Part time service jobs!! What a victory!!!
I'm so proud of us! Yes, that includes you! So many of us are new to investing, but we have not given up even when our stocks kept going down and down, and we bought the dip and the dip and the dip. I know the market could go down again, but even these gains in the last days shows us that one day there will be a bull market and we will prosper. Many of us are underdogs who are trying to gain financial freedom I have made over 16`btc from day trading with Mrs Clara Greens,. Let's continue to encourage each other and invest! I love my 10X family! This is a place to exchange and gain. Have a wonderful week!
Trump deported all the “employees “ that that would take all those “low paying “ jobs 😀😀😀
“Legal “ US workers make more money on welfare than working the “minimum wage jobs” 😀😀😀
Do y’all miss the “illegals” yet 😀😀😀
This is Trumps dream come true 😀😀😀
Laughable- is this comedy hour ?
55% of everyone I know is either fully unemployed or working such few hours they are on Food stamps…
The bad news is that most people fail at investing. Even some highly knowledgeable investors fail, due to human nature…
Back with high gas prices people went back to work because they needed money so not only r they now at risk of people with Covid now @ risk with people with monkey pocks plus inflation in food & etc it can go both ways nothing wrong with working but nothing wrong with getting extra income to fix your car or buy food for work or gas that’s more expensive