Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Showing Original Post only (View all)

lostincalifornia

(5,538 posts)
Fri Aug 1, 2025, 09:59 AM Aug 2025

So the Labor Secretary is saying the Fed must "jump in" to cut rates [View all]

"US adds 73,000 jobs, trailing estimates
Payrolls for prior month revised sharply downward
Jobless rate rises even as more leave workforce
Labor secretary says Fed must ‘jump in’ to cut rates"

https://www.bloomberg.com/news/live-blog/2025-08-01/us-employment-report-for-july?srnd=homepage-americas

Of course what is missing from this discussion, and most of the illustrious will not ask the labor secretary or this administration, is that what is happening is a direct result from the tariffs and the policies of this administration, including the mass layoffs from critical services.


6 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Latest Discussions»General Discussion»So the Labor Secretary is...