The National  Memo Logo

Smart. Sharp. Funny. Fearless.

Monday, December 09, 2019 {{ new Date().getDay() }}

WASHINGTON, District of Columbia (AFP) – U.S. job growth was tepid in August but the unemployment rate ticked down to 7.3 percent, the Labor Department reported Friday.

The United States added 169,000 jobs last month and the prior two months’ job numbers were revised sharply lower.

The August jobs growth number came in well below the average analyst estimate of 177,000.

The slight decline in the jobless rate was unexpected, and came as the number of people participating in the labor force fell.

The jobless rate had been expected to come in at 7.4 percent, unchanged from July.

The August jobs report revealed the economy gained 74,000 fewer jobs in the prior two months than previously estimated.

The July number was slashed to 104,000 from 162,000, and the June total was lowered to 172,000 from 188,000.

Photo Credit: AFP/Chip Somodevilla

Advertising

Start your day with National Memo Newsletter

Know first.

The opinions that matter. Delivered to your inbox every morning

Donald Trump

Youtube Screenshot

Former President Donald Trump invoked his Fifth Amendment right against self incrimination on Wednesday when he was deposed by lawyers at the New York Attorney General’s office investigating whether the Trump Organization defrauded or misled lenders by tweaking the value of his properties and assets.

New York Attorney General Letitia James, who is leading the civil probe of Trump Organization, did not immediately respond to a request for comment on Wednesday. In a statement released shortly after he appeared, Trump defended his decision to invoke the right after years of insisting that only guilty parties plead the Fifth when under questioning.

Keep reading... Show less

Stephen Colbert Impersonates Eric Trump, right

Image via YouTube

After flouting every law in the book and avoiding accountability throughout his entire adult life, former President Donald Trump was finally served a hefty helping of justice when the FBI raised his Mar-A-Lago residence this week.

Late Show host Stephen Colbert gleefully mocked Eric Trump for telling Sean Hannity that all the agents would find at his dad's estate is a “note from me telling him how proud I am of him and what a great job he was doing as president.”

Keep reading... Show less
{{ post.roar_specific_data.api_data.analytics }}