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Karine Jean-Pierre

Charles Payne and others expose hidden problems with 'booming' jobs report, Peter Doocy presses White House about disappointing economic statistic

August 6, 2022 by Paul Sacca Leave a Comment

The Bureau of Labor Statistics released the July jobs report on Friday – which massively surpassed expectations. Total nonfarm payroll employment increased by 528,000 in July, when it was forecast to add 250,000 jobs.

The Biden administration and left-leaning media basked in the jobs report that appears impressive at first glance.

President Joe Biden said on Friday, “Today’s jobs report shows that the economy added 528,000 jobs in July. More people are working than at any point in American history. That’s no accident, it’s results.”

Vice President Kamala Harris gloated, “This morning’s jobs report shows our economy added 528,000 jobs in July, and the unemployment rate matches the lowest it’s been in more than 50 years. More people are working than ever before. We have more to do, but today’s jobs report shows we are making significant progress.”

However, Charles Payne and others poured cold water on President Biden’s “booming” jobs report.

Payne noticed that “black Americans are sinking in the midst of the jobs boom.”

In July, there were 39,000 fewer black Americans in the labor force and 68,000 fewer black Americans employed.

“I get this stuff is only newsworthy when GOP is in the White House but some care all the time,” he added.

Citing Household Survey Data from the Bureau of Labor Statistics, Payne noted that full-time jobs dropped by 71,000, while part-time jobs increased by 384,000, and people who held multiple jobs rose by 92,000.


u201cHousehold SurveynFull Time -71,000nPart Time +384,000nMultiple Jobs +92,000u201d

— Charles V Payne (@Charles V Payne)
1659708224

The report also found that there were 279,000 fewer people who were self-employed.


u201cSelf Employed dropping like a stone the past year.u201d

— Frog Capital (@Frog Capital)
1659721317

Federal Reserve Economic Data revealed that 433,000 Americans are working two full-time jobs – which is an all-time high.


u201c433,000 Americans now working 2 full time jobs.nThat is an all time high.u201d

— Frog Capital (@Frog Capital)
1659720907

Just The News reported, “This trend of the economy dropping full-time jobs while adding second and part-time jobs has been accelerating since March.”

Many people suggest that the surge in part-time jobs and people getting multiple jobs is because they are facing soaring inflation month after month. In July, inflation hit 9.1% – the highest in more than 40 years.

Despite the Biden administration insisting that the country is not in a recession, key economic statistics suggest otherwise.

According to CNSNews, “The number of Americans not in the labor force – no job and not looking for one – climbed above the 100,000,000 mark again, settling at 100,051,000 in July. That’s a 239,000 increase from June; and it follows an increase of 510,000 from May to June, when the number rose to 99,812,000.”


u201cOver 100 million people who ‘can’ work are not.n1,016,000 people have left the labor force since March of this year.nThese people still consume, but now are not producing.nBy definition, this creates inflation.u201d

— Frog Capital (@Frog Capital)
1659788544

The BLS announced that real average hourly earnings were down 3.6% year-over-year for June.


u201cReal average hourly earnings down 3.6 percent over the 12 months ending June 2022 https://t.co/QOcqVIX8kK #BLSdatau201d

— BLS-Labor Statistics (@BLS-Labor Statistics)
1658272200

Brownstone Institute president Jeffrey A. Tucker said, “We are living through the longest consecutive month-by-month decline in real personal disposable income since 1959, and it is combined with a most recent 16% increase debt service as a percent of that same income stream. Translation: dramatic moves toward personal impoverishment.”

The Wall Street Journal pointed out, “The labor-force participation rate—or the share of adults working or seeking a job – ticked down to 62.1% in July from 62.2% a month earlier.”

“While the economy has recovered all the jobs it lost since February 2020, there are still 623,000 fewer people in the workforce, a factor that has pushed up wages due to a demand for workers that is well above the number of available workers,” the outlet added.

Before the pandemic, the participation rate was 63.4% in February 2020.

The BLS defines the labor force participation rate as “the number of people in the labor force as a percentage of the civilian noninstitutional population,” and “the participation rate is the percentage of the population that is either working or actively looking for work.”

New York Times economic reporter Ben Casselman wrote, “The labor force participation rate actually fell slightly in July, a discouraging sign for those hoping the strong labor market would bring workers off the sidelines. Participation ticked up slightly among prime-age workers, but remains below its May peak.”

Former Federal Reserve insider Danielle DiMartino said, “Warning in the weeds: Labor force participation rate AND wage growth falling most among those who benefited the most from the post-pandemic stimulus spending.”

On Friday, Fox News White House reporter Peter Doocy confronted White House Press Secretary Karine Jean-Pierre about the declining labor participation rate.

Doocy asked, “The labor force participation rate is at its lowest level of the year now. Why do you think that is?”

Jean-Pierre replied, “So, participation actually ticked up.”

Doocy interjected, “It declined 0.1 percentage points to 62.1 percent — the lowest level of the year.”

Jean-Pierre responded, “So it actually ticked up for prime-age workers, when you look at 25 to 54, and for workers 65 and plus. The tick down this month was actually about teenagers. And it’s important to keep in mind that the labor force participation rate has bounced back relatively quickly compared to its pace in the past. So we have seen an uptick in the labor force.”


u201cKJP: “So, participation actually ticked up and for–for–“nnDoocy: “It declined 0.1 percentage points to 62.1%, the lowest level of the year.”nnKJP: “So, it actually ticked up for prime-age workers…The tick down this month was actually about teenagers.”u201d

— Curtis Houck (@Curtis Houck)
1659726920

Filed Under: Charles payne, Economy, jobs report, Karine Jean-Pierre, labor participation rate, News, Participation rate, Peter Doocy, President joe biden, recession, The Blaze

Fact Check: White House Says Teenage Layabouts Drove the Labor Force Participation Rate Down

August 6, 2022 by John Carney Leave a Comment

Filed Under: Breitbart, Economy, Fact Check, Karine Jean-Pierre, labor force participation, News, Politics

Doocy puts Jean-Pierre on defense after White House has a gas over $4 per gallon prices: 'Why is the president bragging?'

August 5, 2022 by Chris Pandolfo Leave a Comment

White House press secretary Karine Jean-Pierre on Friday said that teachers, nurses, and firefighters should be relieved that gas is $4.11 per gallon, celebrating the fact that prices at the pump have fallen since reaching record highs earlier this summer.

During Friday’s press briefing, Jean-Pierre noted that gas prices are declining at the fastest rate in over a decade. Since mid-June, prices have fallen about 83 cents per gallon and as of Friday the national average retail price for a gallon of gasoline was $4.11, according to the American Automobile Association.

But Fox News correspondent Peter Doocy challenged the White House narrative, noting that prices are still nearly $2 more expensive than when Biden assumed office in January, 2021.

“Why is the president bragging today about gas prices?” Doocy asked.

“Because it’s gone down,” Jean-Pierre answered curtly.

“It’s still $1.72 higher than when he took office,” Doocy replied.

Unfazed, Jean-Piere told Doocy, “it has come down in a way that we haven’t seen its trajectory coming down in over a decade.”


[email protected]: Why is Biden bragging about gas prices?nnKJP: Because it’s gone down.nnDoocy: It’s still $1.72 higher than when he took office.u201d

— Media Research Center (@Media Research Center)
1659725894

But Doocy noted that average gas prices are still more than $4 per gallon. “Is that good?” he asked.

“Okay, you want to talk to a nurse, or a teacher, or a firefighter if having that little bit of breathing room doesn’t matter to them,” Jean-Pierre replied.

Incredulous, Doocy asked, “Are nurses and teachers and firefighters saying gas prices are only $4.11, this is great!”

Jean-Pierre was undeterred. “I’m saying even that little bit of breathing room matters to families, especially during the summer when people are traveling, when people are trying to do what they can for their families, when people are trying to think about, ‘what are we going to do with our kids? Drive them to camp? Drive them to see other family members across the country?’

“This matters. When you think about 85 cents per month for family members, you think that doesn’t matter for everyday Americans?,” she said, appearing to misspeak. She likely meant to say that gas prices have fallen 83 cents per gallon over the past month.

“That matters and the reason we’re seeing that is because of the work that this president has done this last several months,” she continued.

“To say that the changes, the drop that we have seen at the pump per gallon doesn’t matter, I think that is wrong, I think that is not true, and I think that does give a little bit of space, breathing room for families. And I think that is important.”

Filed Under: Energy, Gas prices, Inflation, Jean-pierre v. doocy, Karine Jean-Pierre, News, Peter Doocy, The Blaze, White House

Jean-Pierre on Criticism of Monkeypox Response Delay: We 'Met the Moment' in May, But 'It Evolved' as Diseases 'Tend to' Do

August 4, 2022 by Ian Hanchett Leave a Comment

Filed Under: Breitbart, Clips, Health, Joe Biden, Karine Jean-Pierre, Monkeypox, News, Politics, vaccines

Joe Biden Tests Positive for Wuhan Coronavirus Again

August 4, 2022 by Nick Gilbertson Leave a Comment

Filed Under: Anthony Fauci, Breitbart, Coronavirus, Health, Joe Biden, Karine Jean-Pierre, News, Politics, White House

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