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recessionTheplatform
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67% Informative
The July jobs report shows that the US economy added 114,000 jobs.
That is much less than the 185,000 that economists had expected.
The unemployment rate also rose slightly to 4.3% .
Jonathan Zuckerman : The Fed has two jobs, the Fed has to keep inflation under control.
But with numbers like this, we are more likely to see that rate cut come September .
This is going to be a win for Kamala Harris's campaign. It was a year and a half ago , they coined the term Bynomics , and the country kind of spit on that and said, listen, I get it.You're going to need to lower your prices. So we're starting to see Americans change their tune. And that's a big positive for this White House ..
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