BREAKING: Awful Jobs Report; 23,000 Jobs Lost; May & June Numbers Revised Down | Receipts Live
Summary
Sam Stein and Catherine Rampell analyze weak July jobs data, debunking Kevin Hassett’s spin on unemployment and immigration. They discuss the Federal Reserve’s dilemma regarding interest rates amid inflation and labor market fragility. The hosts also critique a new bill granting Trump expansive tariff powers under the guise of Russia sanctions. Finally, they cover a court ruling blocking the construction of the White House ballroom.
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