While many pundits lauded Friday’s job numbers from the U.S. Bureau of Labor Statistics, a Georgia nonprofit is raising a red flag.
On Friday, the feds announced higher than expected job numbers, showing that total non-farm payroll employment increased by 528,000 in July.
Florida Gov. Ron DeSantis (R) and Florida Senator Rick Scott (R) each took turns blasting the national jobs report amid rising prices and runaway inflation. According to the report, only 199,000 jobs were created in December.
The latest federal jobs report shows a dip in new unemployment claims, but those figures still remain higher than pre-pandemic levels.
The Department of Labor reported Thursday that 348,000 Americans filed for first-time unemployment benefits last week, a decrease of 29,000 from the previous week. That number is the lowest since March 2020.