8/07/2021

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US sees solid growth as economy adds 943,000 jobs in July

Aug. 7 - ...US job growth rose solidly in July amid demand for workers in the labor-intensive services industry, suggesting the economy maintained its strong momentum at the start of the second half.


Non-farm payrolls increased by 943,000 jobs last month after rising 938,000 in June, the labor department said in its closely watched employment report on Friday.
Joe Biden hailed the news, with the president noting at the White House later on Friday morning that the report made the Biden administration the first administration in US history to add jobs every month of its first six months since taking office.

“What is indisputable is this: the Biden plan is working. The Biden plan produces results, and the Biden plan is moving the country forward,” the president said.
While celebrating on the one hand, Biden also emphasized that much work remains to be done to ensure the country’s economic recovery continues...     quoted from

AUGUST 6, 2021
White House Daily Briefing
​White House Press Secretary Jen Psaki spoke about the president’s agenda with reporters. She began by discussing the July jobs report and stated that the positive numbers are, "further proof that President Biden’s economy is booming". Other topics discussed included infrastructure and COVID-19 restrictions.

Press Briefing by Press Secretary Jen Psaki, August 6, 2021

AUGUST 06, 2021PRESS BRIEFINGS

James S. Brady Press Briefing Room
 
MS. PSAKI:  Hi, everyone.  Happy Friday.  Okay.  A couple of items for you at the top.
 
Are you — Zeke, are you married?
 

Q    Yes.
 
MS. PSAKI:  Welcome back.  Congratulations.  (Applause.)
 
Q    Thank you.
 
MS. PSAKI:  You know, he’s got some bling on his finger.  Okay.  Most important decision you make in your life.  (Laughter.)  Okay.
 
Today’s numbers — on the jobs numbers; obviously, it’s Jobs Day — today’s numbers are further proof that President Biden’s economy is booming.  Jobs are up, growth is up, and unemployment is down as Americans get back to work.
 
We see that clearly in today’s data.  This is the fastest monthly job growth in almost a year.  Labor force participation also ticked up as more Americans got back to work.  Since January, more than 1 million Americans have re-entered the labor force.  Unemployment also fell sharply, from 5.9 to 5.4 percent.
 
See how we enjoy charts here?  I will note the comparison.

 
In total, we’ve created over 4 million new jobs — 832,000 on average for the last three months, with revisions upwards for the last two months.  And over the first six months, we’ve created almost 700,000 per month on average.  That’s more jobs created faster than any other President’s first six months in history... 
    more

People attend a protest to demand New York Governor Andrew Cuomo’s resignation after a third woman accused him of sexual harassment in New York City on March 2, 2021.

70% of New York voters say Gov. Andrew Cuomo should resign, majority thinks he should be charged with crime

Aug. 7 - A whopping 70% of New York voters say Gov. Andrew Cuomo should resign, according to a poll released Friday.
A solid majority of state voters, 55%, told the Quinnipiac University poll that Cuomo should be criminally charged in connection with what investigators for the New York Attorney General’s office have described as sexual harassment of at least 11 women.

The poll was conducted on Wednesday and Thursday, on the heels of the scathing report about the third-term Democratic governor’s conduct, which was released Tuesday by AG Letitia James.

It was released hours after the Albany County, N.Y., Sheriff’s Office said that it had received a criminal complaint from a former executive assistant to Cuomo.

That assistant had told investigators for the James report that Cuomo groped her breast and buttock in different incidents, and made repeated suggestive comments to her.

​James has said Cuomo broke federal and state laws with his conduct...     more
German frigate Bayern
Germany’s show of force in the Indo-Pacific

Aug. 7 - With a total journey of more than 30,000 nautical miles, the operation is one of the most comprehensive by the German navy since the end of the Second World War. The Bayern travelled through the North Sea and English Channel before traversing the northeast Atlantic, passing through the Straits of Gibraltar into the Mediterranean Sea. From there, it will continue through the Suez Canal and Red Sea, through the Indian Ocean and into the western Pacific, which is scheduled to be reached in the autumn.

The most politically and militarily explosive part of the trip is the return leg. This is when the frigate will pass through the South China Sea and the Straits of Malacca. The latter, owing to its economic and geostrategic significance, is referred to as the “aorta of the Indo-Pacific region.”

The South China Sea is at the heart of the US military buildup against China. Under President Biden, Washington has intensified its provocative operations to secure “freedom of navigation” for shipping in the waters claimed by China in the South China Sea and is preparing to install offensive missiles along the coasts of several densely populated islands in the region, including Japan, Taiwan and the Philippines.


​Germany’s intervention into the Indo-Pacific not only heightens the danger of war in the region, it also initiates a new stage in the return of German militarism...     more