Good jobs numbers. Still struggling to gain footing with voters. |
Of the 50 states, the District of Columbia, American Samoa, Guam, Northern Mariana Islands, Puerto Rico and the U.S. Virgin Islands, the jobs report details how many jobs were spread across the United States. Some areas seen job growth while others saw job losses.
The U.S. economy added far more jobs than expected in May, countering fears of a slowdown in the labor market and likely reducing the Federal Reserve’s impetus to lower interest rates.
Nonfarm payrolls expanded by 272,000 for the month, up from 165,000 in April and well ahead of the Dow Jones consensus estimate for 190,000, the Labor Department’s Bureau of Labor Statistics reported Friday.
At the same time, the unemployment rate rose to 4%, the first time it has breached that level since January 2022. Economists had been expecting the rate to stay unchanged at 3.9% from April.
The increase came even though the labor force participation rate decreased to 62.5%, down 0.2 percentage point. The survey of households used to compute the unemployment rate showed that the level of people who reported holding jobs fell by 408,000.
“On the surface, [the report] was hot, but you’ve also got a bigger drop in household employment,” said Liz Ann Sonders, chief investment strategist at Charles Schwab. “For what it’s worth, that tends to be a more accurate signal when you’re at an inflection point in the economy. You can find weakness in the underlying numbers.”
A more encompassing unemployment figure that includes discouraged workers and those holding part-time jobs for economic reasons held steady at 7.4%.
The household survey also showed that full-time workers declined by 625,000, while those holding part-time positions increased by 286,000.
Job gains were concentrated in health care, government, and leisure and hospitality, consistent with recent trends. The three sectors respectively added 68,000, 43,000 and 42,000 positions. The three sectors accounted for more than half the gains.
Other significant growth areas came in professional, scientific and technical services (32,000), social assistance (15,000), and retail (13,000).
Regarding wages, average hourly earnings were higher than expected as well, rising 0.4% on the month and 4.1% from a year ago. The respective estimates were for increases of 0.3% and 3.9%.
Stock market futures lost ground while Treasury yields surged after the report.
“One step forward, two steps back. Today’s data undermines the message that other recent economic data have been giving of a cooling U.S. economy, and slams the door shut on a July rate cut,” said Seema Shah, chief global strategist at Principal Asset Management. “Not only has jobs growth exploded again, but wage growth has also surprised to the upside, both moving in the opposite direction to what the Fed needs to begin easing policy.”
Red Lobster sinking. |
Previous months’ reports saw small revisions: The March gain dropped to 310,000, down 5,000, while April’s saw a cut of 10,000 to 165,000.
The report comes with investors on edge over how long the Fed will hold its benchmark borrowing rate at the highest level in some 23 years. In recent weeks, policymakers have indicated a reluctance to cut anytime soon as inflation remains above the central bank’s 2% target.
The report was “certainly hawkish” from the Fed’s perspective, Sonders said, meaning that the data would make it less likely that the central bank will reduce rates anytime soon.
Following the jobs report, traders in the fed funds futures market reduced the possibility of a cut in September to about 56%, according to the CME Group’s FedWatch measure. That was down about 12 percentage points from Thursday. The market-implied probability of a second move lower in December fell to about a coin flip after being around 68% a day ago.
The Fed has not lowered rates since the early days of the Covid pandemic in 2020 and hiked 11 times between March 2022 and July 2023. The benchmark federal funds rate is currently targeted between 5.25%-5.5%.
There were over 236 mass shootings in the United States. Congress refuses to do anything to stop the carnage. There were only 67 laws signed by the president. Minneapolis has a police officer killed in the line of duty.
Call the National Suicide Prevention Lifeline (Lifeline) at 1-800-273-TALK (8255) or 988, or text the Crisis Text Line (text HELLO to 741741). Both services are free and available 24 hours a day, seven days a week. The deaf and hard of hearing can contact the Lifeline via TTY at 1-800-799-4889. All calls are confidential. Contact social media outlets directly if you are concerned about a friend’s social media updates or dial 911 in an emergency. Learn more on the Lifeline’s website or the Crisis Text Line’s website.
Republicans are willing to back Trump, a convicted felon. |
We have protests at rallies for the incumbent president, his vice president, the first lady, the second gentleman, the former president and members of Congress.
Celebrities are also facing protests and a blackout because of their support of Israel or refusal to take a stand on it.
Racial incidents have happened this year.
A Black superintendent was accosted by a white dad during his daughter's graduation in Wisconsin.
A Black Airman was killed by a Florida deputy after he saw him with a firearm. The firearm was not raised and the deputy panicked. He was fired and is under state watch for possible criminal charges.
Rep. Byron Donalds (R-FL) had a coon moment. He said Black families were better during Jim Crow. The Jim Crow era was the segregation of white and colored Americans in the South.
Israel has deliberately targeted Black voters with propaganda to divide us. Trump believes his conviction will bring in Black voters.
Israel is rooting for the return of the convicted former president. Many Republicans are abandoning the "law and order" mantra to be "well everything is rigged" bullshit.
Three Black men sue American Airlines for "blatant and egregious racial discrimination" in a federal court after the airline removed eight individual Black men from one flight after complaints about their body odor.
A court in Florence, Italy, convicts American journalist Amanda Knox and sentences her to a three-year imprisonment over her accusations related to the murder of Meredith Kercher in Perugia in 2007.
50 Cent and Ben Crump with Georgia lawmaker Nikema Williams. The two were in Congress to push for Black ownership of liquor and beverages. |
Biden enacts an executive order to temporarily suspend asylum claims processing at the Mexico–United States border when the seven-day average exceeds 2,500. Amnesty International criticizes the move, accusing Biden of "setting a dangerous international precedent".
Okay, we are entering the Long Hot Summer. June, July and August.
Boy Scouts of America will become Scouting America. It will certainly infuriate the far right who hates WOKE.
Months to go before the 2024 U.S. Presidential Election and President Joe Biden is still embracing Israel despite the backlash from his base.
Tennessee governor Bill Lee signed off a death penalty sentence for anyone convicted of rape of a child.
Expect Supreme Court decisions in regards to former president Donald J. Trump, contraception, whether the National Labor Relations Board has authority to push companies to unionize, arresting suspects who unknowingly [or even remotely] drug trafficking across border and state lines and whether bump stock ammunition is legal.
Trump will be preparing for his fate after he was convicted in May of 34 felony counts in New York. He will be sentenced in July. Trump also claimed a fundraising haul.
He wants to jail Manhattan Superior Court Judge Juan Merchan, Manhattan County District Attorney Alvin Bragg and Biden. He also is calling for Republicans to grind the Congress to a halt.
Mike Johnson managed to survive Marjorie Taylor Greene's attempt to oust him.
Joe Manchin and Bob Menendez become independent senators. Still headaches to the Democrats. |
Greene who claims the Republican Party isn't fighting hard enough to impeach Biden has been attacking fellow lawmakers and citizens. She has attacked fellow lawmakers Jasmine Crockett, Alexandria Ocasio-Cortez, Jamie Raskin, Doug Lamborn and Eric Swalwell. She attack George Floyd, Dr. Anthony Fauci, Vice President Kamala Harris and so many others.
Greene earned the nickname "Bleached blonde, bad-built, butch body" by Crockett.
Why are they allowing Charlamagne Tha God on television? The controversial media agitator has been on a lot of programs trying to discourage Black voters from backing Biden. I have my reasons but I am rethinking it now that Trump and white supremacy is a threat in the country.
He is not a political scientist. He is an accused rapist and troll. Folks should not take him seriously.
Rite Aid, Walgreens, Red Lobster, Family Dollar, Sam Ash Music, Rue21 and the 99 Cent Store have taken hits with some going out of business quick.
The Department of Justice, along with 29 states and the District of Columbia, file a sweeping antitrust lawsuit against Ticketmaster and its parent company Live Nation Entertainment for running an illegal monopoly over live events. A separate consumer class action lawsuit by ticket buyers is filed against the same defendants the next day.
The world is getting tired of Israel. The Rafah assault is happening despite Biden warnings and United Nations furious at the rogue nation's consistent attempts to justify their indiscriminate attacks on Hamas. The Israelis have killed civilians who took shelter in a clearly marked UNRWA building. It almost leaves the question on whether Israeli regime forces deliberately inflicted attacks on the World Central Kitchen and UNRWA.
Hamas is urging the United Nations to blacklist the regime. Israel is also trying to start a larger engagement with Syria, Lebanon and Iran.
Israel is full of shit. |
I strongly believe Israel sabotaged the helicopter that the late Iranian president Ebrahim Raisi and late foreign minister Hossein Amir-Abdollahian rode in. It killed them and three others. The U.S. and many nations honored their memory. Israel got outraged over it. Republicans and some Democrats have gotten upset over Biden showing respect.
A New Jersey high school is under fire after a picture of Jewish students was found replaced with a photo of Muslim students in their yearbook.
East Brunswick High School students discovered the photo on Tuesday in a section in the yearbook titled, in bold print, "Jewish Student Union." The names of the Jewish students were also omitted.
Republicans see the only path to victory is basically obstruct and complain about the president. They won't offer solutions or policies. All they care about is trying to keep folks angry with culture wars and distractions.
To make this clear, it doesn't matter anymore who the fucking president is. Biden, Trump and Robert F. Kennedy, Jr. are backing Israel over the world.
They are so out of touch with reality.
Mexico elected its first woman president. The Republicans and far right agitators already hate her. She is the first Mexican Jewish president. Claudia Sheinbaum is the first woman to be president. She also is supportive of Palestinian rights.
She also will take on drug cartels and immigration issues in Mexico along with the United States.
I. Am. Calling. Him. Out.
Biden is an advocate of war and genocide. He is tone deaf and unfortunately a lost cause.
What pisses me off is our lawmakers are calling protesters "Hamas supporters" to paint peaceful protests as an act of "terrorism."
With billions of dollars of aid going to Israel, you would think that American lawmakers would have our taxpayer money spent on more useful things!
The U.N. is working to sanction Israel and bypass U.S. vetoing. |
The lawmakers will spend more taxpayer money to fix our crumbling infrastructure.
Many of these Republicans who vote against funding the government and assistance for some of America's less fortunate are willing to give billions to a foreign nation engaged in an illegal act of genocide. Same with Democrats. They claim they want to protect democracy but endorse a fascist government sworn to being an ethnostate on our taxpayer dime.
- Donald J. Trump.
- Elon Musk and X.
- Mark Zuckerberg, Facebook and Meta.
- TikTok.
- The Republicans in the House of Representatives and the Senate stalling his agenda.
- Bad poll numbers.
- The media asking him about Russia, Israel, Hunter Biden and Trump's controversies.
- The Supreme Court making controversial decisions that impact the country.
- Gun violence and Congress not doing anything to stop it.
- Inflation.
- Sen. Mitch McConnell (R-KY), Sen. Tommy Tuberville (R-AL), Sen. Lindsey Graham (R-SC), Sen. Ted Cruz (R-TX), Sen. Rand Paul (R-KY), Sen. Josh Hawley (R-MO), Sen. J.D. Vance (R-OH), Sen. Katie Britt (R-AL), Sen. Mike Lee (R-UT), Sen. Rick Scott (R-FL), Sen. Ron Johnson (R-WI), Sen. Marsha Blackburn (R-TN), Sen. Bob Menendez (D-NJ), Sen. Cynthia Lummis (R-WY), Sen. Marco Rubio (R-FL), Sen. Markwayne Mullin (R-OK), Sen. Tom Cotton (R-AR), Sen. Joe Manchin (I-WV), Sen. Roger Marshall (R-KS), Sen. Kyrsten Sinema (I-AZ), Sen. Bob Menendez (I-NJ), Sen. Elizabeth Warren (D-MA), Sen. Cindy Hyde Smith (R-MS) and Sen. Bernie Sanders (I-VT).
- Rep. Mike Johnson (R-LA), Rep. Mary Miller (R-IL), Rep. Steve Scalise (R-LA), Rep. Ronny Jackson (R-TX), Rep. Paul Gosar (R-AZ), Rep. Nancy Mace (R-SC), Rep. Jim Banks (R-IN), Rep. Wesley Hunt (R-TX), Rep. Alexandria Ocasio-Cortez (D-NY), Rep. James Comer (R-KY), Rep. Elise Stefanik (R-NY), Rep. Ro Khanna (D-CA), Rep. Jim Jordan (R-OH), Rep. Henry Cuellar (D-TX), Rep. Matt Gaetz (R-FL), Rep. Marjorie Taylor Greene (R-GA), Rep. Dean Phillips (D-MN), Rep. Andy Biggs (R-AZ), Rep. Troy Nehls (R-TX), Rep. Thomas Massie (R-KY), Rep. Byron Donalds (R-FL), Rep. Anna Paulina Luna (R-FL), Rep. Lauren Boebert (R-CO) and Rep. Cori Bush (D-MO).
- Republican governors Ron DeSantis, Doug Burgum, Kay Ivey, Greg Abbott, Sarah Huckabee Sanders, Bill Lee, Glenn Youngkin, Kristie Noem, Kim Reynolds, Brian Kemp, Brad Little and Greg Gianforte.
- Federal Judges and Supreme Court members appointed by Trump.
- The junk food media and their never ending dramatizing of world events.
- Anti-Vaxxers.
- Lawmakers and activists who protest the CDC guidelines during the pandemic.
- The endless culture wars that Republicans find outrage in.
- Fox, Breitbart, Libs of TikTok, The Daily Mail, Newsmax and OANN's relentless talk about Biden conspiracies.
- Mark Levin, Sean "Softball" Hannity, Charlamagne tha God, Peter Doocy, Alex Jones, Megyn Kelly, Candace Owens, Ben Shapiro, Glenn Beck, Simon Ateba, Greg Kelly, Forgiato Blow and Bill Maher.
- The Republicans constantly dogging his brother James Biden and son Hunter Biden.
- The Republicans and conservatives spreading misinformation about daughter Ashley Biden.
- The junk food media mentioning Russian propaganda and Tara Reade.
- The endless racism towards Vice President Kamala Harris, former president Barack Obama and former first lady Michelle Obama.
- The relentless talk about spending despite the former president's reckless spending.
- The lack of civility towards fellow Americans.
- The junk food media's obsession with his age.
- Robert F. Kennedy, Jr.
- Vladimir Putin.
- Xi Jinping.
- Kim Jong-Un.
- Benjamin Netanyahu.
- Recep Tayyip Erdoğan
- Alexander Lukashenko.
- Mohammed bin Salman Al Saud.
Food prices, energy prices, rent, city services and college education have risen. Companies are struggling to find workers. They are now trying to push incentives to get workers in. However, there is always a catch to working entry level jobs that make over $20 an hour. Folks must work hours that do not accommodate home and social life, it may only be part time work or temporary. Some jobs may force overtime or refuse to pay for work rendered. With union being weaken by states, it may be an at-will company. So if you are on social media, protesting injustices or supporting controversial issues or making threats to local officials, you could lose your job.
Real Reasons To Why Unemployment Rate Stays The Way It Is! The main reasons why some are not working.
- DEAD
- BORN
- IN PRISON
- IN ELEMENTARY SCHOOL
- IN MIDDLE SCHOOL
- IN HIGH SCHOOL
- IN COLLEGE FULL TIME
- VOLUNTEER
- DISABLED
- INFLATION
- STAY AT HOME PARENT
- LACK OF TRANSPORTATION OR BABYSITTING
- RETIRED
- QUIT ON THEIR OWN
- TERMINATED FROM EMPLOYMENT
- NOT HIRING UNQUALIFIED
- NOT HIRING TOO QUALIFIED
- ACTIVE MILITARY
- NATURAL DISASTERS
- MASS SHOOTINGS DISRUPTING DAILY ROUTINE
- RACISM
- WAGE THEFT
- TOO GOOD TO BE TRUE ON JOB POSTING BUT DECEPTION UPON HIRING
- BEING LAID OFF DUE TO CLOSING OR STAFF REDUCTION
- DESTRUCTION TO FACILITY OR PROPRETY
- OUTSOURCING JOBS TO OTHER STATES OR COUNTRIES
- BEING UNDOCUMENTED IN FEAR OF I.C.E. OR U.S. AGENCIES
- BEING PUBLICLY OUTED ON SOCIAL MEDIA DOING SHAMEFUL ACTS
- PARTICIPATING IN UNCIVIL OR VIOLENT PROTESTS
- PUBLICLY SUPPORTING OR PROTESTING AGAINST ISRAEL
Jobs are looking good despite fears.
Companies are cautious about hiring employees. With the average wages stagnant, many are not looking forward to returning to a job that pays dirt wages. Many who worked in the retail, restaurant and low end service industry are not willing to take a job for less than $10 an hour. Matter of fact, no one can survive on $15 an hour.
Give them a liveable wage and maybe things might improve in the job market.
Trump's presidency and Republican controlled governments are incompetent. Their leadership has killed millions of Americans. Biden has a slim majority in Congress and things can't be done with obstruction from both parties.
Holding these lawmakers accountable is not just a pledge, but a promise. You need to learn who represents your community. Your local community member, your school board member, your mayor, your state representative, your state senator, your governor, your U.S. Representative, your U.S. Senator and the president need to be held accountable for their actions.
U.S. is trying to sanction International Criminal Court prosecutor Karim A.A. Khan. |
We need to put pressure on Republicans and Democrats to do something to improve everyone's lives.
Keep pressure on them with Israel.
Israel must be held accountable for war crimes and the U.S. must end its aid. Our taxpayer money should help Israel any further.
They are feeling it. Democrats know the risk of supporters being turned off by their policies. They know that Biden is under extreme pressure to do something. Arab Americans, Muslim and young voters have vowed to never back Biden putting his reelection chances in danger.
The call number to the White House and U.S. Capitol is now going to be used. This is the official White House numbers 202-456-1111 and 202-456-1414. This is the Congress official phone number, 202-224-3121. Please be respectful to operators, staff members and elected leaders. Your calls are monitored by the U.S. Secret Service and U.S. Capitol Police.
Let them know that "thoughts and prayers," "hearts going to" and "good guys with guns" are no longer acceptable and you want legislation to curb gun violence. Let them know that we are tired of police officers using immunity when committing death of suspects in custody. Let them know that you are tired of private equity firms getting away with destroying small businesses and long established companies. Let them know that you are tired of your taxpayer money going to foreign nations like Israel. You are tired of hearing about "Israel having a right to..." and the bogus claims of being anti-semitic or in support of terrorism. You want an immediate ceasefire and accountability for war crimes done by Israel. You want no more foreign influence in American elections. You also want to make sure future presidents and lawmakers avoid influence from lobbyists.
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