Daily Clips: August 5th, 2016
ALL MEN FOR TRUMP’S ECONOMIC TEAM: The sexism is strong in this one. 255,000 JOBS ADDED IN JULY: 77 straight months of private sector job growth. And the unemployment rate is now down to 4.9%. According to the New York Times: The employment data painted an unusually strong tableau of growth, with nearly all of the indicators that form the basis of the Labor Department’s monthly jobs report pointing in the right direction. Hillary Clinton should be talking about this recent report non-stop. Here is her moment to talk about economic growth and why her vision will continue to grow the American economy. HOURLY WAGES GROW AS WELL: Adding to the robust job creation, the average hourly wage increased by 0.3 percent in July, a bit faster than expected. Together with a slight extension of the average work week, this puts more money in the pockets of U.S. households. This bodes well for consumer spending, which still comprises the most important component of the economy, suggesting that the U.S. is in relatively good shape to resist the growth slowdown afflicting other countries. HRC LEADS TRUMP IN GEORGIA TWEET OF THE DAY: FACT: Wages are rising at the fastest pace in 7 years → https://t.co/C8P76lnNkb #JobsReport pic.twitter.com/erXP4sSOsd — The White House (@WhiteHouse) August 5, 2016
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