Last Friday, August 5, US Jobs Report for July 2022 surprised even mainstream economists who had forecast a 250,000 increase in jobs created in the official US Labor Dept. monthly jobs report for the ...

Friday's jobs report capped a heavy week of economic data. But while the headlines were bad, particularly the employment numbers, the economic news overall was not as terrible as it seemed. First of ...

Last week, we received shocking news from the Bureau of Labor Statistics (BLS): they’ve revised job numbers down by 911,000. This isn’t just a statistical correction—it’s a revelation that nearly a ...

The United States lost 23,000 jobs last month in a massive blow to Donald Trump's boasts of a booming economy. The bombshell jobs decline came despite economists predicting an 83,000-job gain in July.

Remember the K-shaped economy? It’s the idea that the American economy recovered unevenly after the COVID-19 pandemic. Last week’s bombshell jobs report showed a similar pattern in the labor market, ...

CNBC reporter Steve Liesman blamed President Donald Trump and DOGE czar Elon Musk for contributing to bombshell job losses in February, saying they played “the biggest part” in causing the reported ...