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FOXNEWS Americas Newsroom July 7, 2024

before the election. the results are mixed. bill: 261,000 jobs added. it s good but a hot number. we ll explain. we expect 200,000. slightly better than expected. unemployment rising. dana: the bump in unemployment days ahead of an election where 80% of voters say the economy is the most important issue. david spunt is live at the white house. a long day for you as well between now and tuesday. it really is. we re waiting to see what the white house has to say about the 261,000 jobs added to see what they will say just days before the election. after all, this is the final jobs report before the mid-term election, which is telling if you look at it. white house officials and bill don t want to use the word recession or focus too much on the economy, but it is hard to escape the president talked about the economy last night in san diego. listen. president biden: important to remind ourselves of the detail. the fact of the matter is we re 6.4% unemployment when i ....

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FOXNEWS Your World With Neil Cavuto July 7, 2024

administration down playing the recession call. there s semantics. what is a recession, how do you technically define it. no matter what, there s widespread agreement no matter who you talk to. that is that economic growth is slowing. the treasury secretary, janet yellen acknowledges as much. but then she maintains that that does not mean a recession is inevitable. this is not in an economy that is in recession. but we re in a period of transition in which growth is slowing. and that s necessary and appropriate. we need to be growing at a steady and sustainable pace. yellen says the job market is still strong. she says a recession would have to be a broad-based economic contraction. consumers are still spending. household balance sheets are still in good shape. all of that said, the economy did contract the first quarter. economists think at beast we ll see slow growth when the numbers release thursday. the white house insists even if that number does go negative an ....

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FOXNEWSW America June 7, 2024

live in the moment. ask your doctor about otezla. i m thrilled to be back in beautiful arizona with thousands and thousands in the crowd. hardworking americans. we are the party of common sense. as an example, it is big stuff, bigger than people think. why would anybody want to have men play in women s sports? why? [boos] we want strong voters, powerful military. we don t want wars. we want to have great education for our children and we want to have low interest rates, and i will be slamming the door shut on the biden migrant app, and i will terminate every single open borders policy of the biden administration as soon as i take the oath of office. sandra: former president donald trump back in battleground arizona for a raucous town hall last night. he took 30 minutes of questions after his speech, and laid out what he calls a common sense agenda on things that matter to everyday americans. hello and welcome, everyone. i m sandra smith in new york, and john, he ....

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Calculated Risk

A top ranked economics and finance blog with a focus on the housing market ....

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FOXNEWS America Reports June 7, 2024-540

Come under the hood. the civilian labor force itself cell 250,000. sandra: what is all of this telling? it tells me there s a lot of weakness out there. it s telling me, for example, outside of sandra: so maybe it s time to lower interest rates. i wouldn t do that, that s an inflation problem. you are still running inflation for the first four months of the year and the cpi was above 4% at an annual rate. let me give you a number. the employment to population ratio sandra: what is it? there was a fabulous economist who worked for george w. bush, a labor economist named ed lazear from stanford university. he used to always tell me for 20 years, you want to look at the health of the labor market. employment as a share of the population. okay? it fell in this report, down one percentage point from the peak. ....

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