Economy

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

Published

2 years ago

October 8, 2021

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.

Tune in as I deliver remarks on the September jobs report. https://t.co/7VV1sstPeV
— President Biden (@POTUS) October 8, 2021

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.”

Educational attainment, employment, and working from home, February–May 2021 https://t.co/Ojje64we4t #COVID19 #BLSdata pic.twitter.com/ttLFK6c1Xp
— BLS-Labor Statistics (@BLS_gov) October 8, 2021

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.

Related Topics:Jobs report unemployment unemployment benefits

Economy

Gallup poll: GOP holds large advantage over Dems in economy, national security

Published

2 months ago

October 3, 2023

Sara Carter Staff

A recent Gallup poll shows Americans overwhelmingly have faith in Republicans over Democrats when it comes to the economy. In fact, the GOP “holists largest advantage on the economy in over 30 years, with 53% of Americans trusting Republicans more than Democrats on the issue” writes the Daily Caller News Foundation.

The poll holds Republicans at a 14-point lead over Democrats for handling the economy better. “The GOP scored 10 points higher on the economy than last year, marking the largest margin between the two parties since 1991.”

Gallup’s publication of the poll is titled ‘Neither Party Well-Liked, but GOP Holds Advantage on Issues.’ It may not be a shock that “The two major political parties remain unpopular in the U.S., with 56% of Americans viewing the Republican Party unfavorably and 58% saying the same of the Democratic Party” but the GOP holds “historically ample leads.”

Voters Overwhelmingly Side With The GOP On The Economy: POLL https://t.co/ivFbVCEn9s via @dailycaller @willkessler12

— Reagan Reese (@reaganreese_) September 26, 2023

“Fifty-three percent of Americans believe the Republican Party will do a better job of keeping the country prosperous over the next few years, whereas 39% choose the Democratic Party.”

“A slightly larger majority, 57%, have greater faith in the Republican Party to protect the country from international terrorism and military threats, while 35% favor the Democrats.”