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Economy

Jobs report disappoints estimates with 194k new jobs, 0.4 decrease in unemployment

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The United States’ jobs report saw over 194,000 new nonfarm payrolls in the month of September. However, economists surveyed by Refinitiv expected to see 500,000 new jobs.

September was also the first month without the $300 per week in supplemental unemployment benefits. Yet, unemployment only dropped by 0.4%. Those same economists expected it to drop by over 5%. There are still 7.7 million unemployed Americans.

President Biden reacted to the report in a press conference Friday. According to him, the report showed improvement. “In total, the job creation in the first eight months of my administration is nearly five million jobs,” Biden said. “Jobs up, wages up, unemployment down. That’s progress.”

Meanwhile, the U.S. Bureau of Labor Statistics also reported that Americans born in the early 80’s with are working from home more. The higher the education level, the more likely they were to work from home.

You can follow Jenny Goldsberry on Twitter @jennyjournalism.

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Economy

Carter Exclusive: Warning to Biden on America’s Survival from National Black Farmers Association President

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CleanShot 2022 07 06 at 10.27.26

Sara Carter’s exclusive report with the National Black Farmer’s Association President reveals one critical message for President Biden: “If you want this country to survive, take care of the American farmer.”

Fox News contributor Sara Carter spoke to the President of the National Black Farmer’s Association, John Boyd Jr., from Boydton, Virginia to discuss the inflation crisis. Inflation is hurting farmers and consumers around the country and “the American people” are going to pay the price. “Because this is a crisis” said Boyd.

“The three things that the American farmer can still do better than anywhere else in the world is produce corn, wheat and soybeans. And when you don’t support them, you are taking away the base and the freedom to farm in this country.”

Carter pointedly asked “who is not supporting them?”

“Well right now it’s the Biden administration” he responded.

“If you could speak to President Biden directly, what would you say to him?” Carter followed up.

“I would say ‘you gotta take care of the American farmer in this country. That’s rural America. You can’t turn your back on rural America. If you want this country to survive, take care of the American farmer.”

Pointing to the ground, Boyd gave a heartfelt plea: “this is called land. Land knows no color, land knows no party. Land produces food. And when you take away that ability for the American farmer to produce food, it’s about as low as you can go.”

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