Jobs Report: Headline Beats, Hourly Earnings Miss, Unemployment Rate Moves Up To 4%
Unlike last month, Donald Trump didn't tweet out the jobs report an hour ahead of time on Friday, so that's disappointing. As a reminder, here's what he did ahead of May payrolls: https://twitter.com/realDonaldTrump/status/1002510522032541701 If that were anyone but Trump, the SEC would have been knocking. The June report comes on the heels of the Fed minutes which found the FOMC describing the U.S. economy as "very strong". That, along with the expectation that inflation should run at 2%
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ok, that covers farms and non-farms – not really impressed. Now, we wait to see the impact of his tariffs. Poof!
What’s the unemployment rate inside the White House? What does that salaries budget look like now?