The Great America Show Mid-Day Update - July 7, 2023
The Great America Show
Fawcett Strategies
4.7 • 1.8K Ratings
🗓️ 7 July 2023
⏱️ 3 minutes
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Summary
Lou breaks down some of today's top headlines.
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Transcript
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| 0:00.0 | I'm Lou Dobbs with this great America Midday update. June Jobs report misses targets. The US |
| 0:07.0 | adding just 209,000 jobs for the month of June 100,000 fewer than the previous month. |
| 0:14.0 | The lackluster numbers for June marked the lowest monthly gain since December of 2020, |
| 0:20.0 | excluding the losses from the China virus pandemic. EJ and Tony fellow at the Heritage Foundation |
| 0:26.4 | says 90 percent of all jobs added during the Biden administration have been people regaining |
| 0:33.0 | their pre-COVID jobs. And Tony says 90 percent of the new jobs created last month |
| 0:39.6 | went to foreign-born workers. Here he is. |
| 0:42.9 | The Senate of all the jobs added during the Biden administration have simply been just |
| 0:47.7 | regaining jobs that were lost from COVID. It's very difficult to say that's a job gained, |
| 0:55.1 | when we're talking about a forcibly shutting down a place of employment and then later allowing |
| 1:00.8 | someone to go back to work. I don't see that as job creation and neither should the president. |
| 1:06.4 | Certainly so another key thing that we're looking at has been the disparity between foreign |
| 1:11.2 | born workers and native born workers. And in fact again some 90 percent of the jobs we have right |
| 1:17.6 | now above pre-pandemic levels have all gone to foreign-born workers which is very interesting |
| 1:23.6 | that this is the first month when native born workers have finally gotten back to pre-pandemic |
| 1:28.6 | levels. One of the reasons why that's so interesting is because the BLS, the Bureau of Labor |
| 1:34.4 | Statistics has to assign weights to both of these categories and they do that separately. |
| 1:39.6 | And what that does is it gives you an estimate for how much each of those categories are increasing. |
| 1:45.3 | But if those weights are off then it means the total employment numbers are off. |
| 1:50.0 | The Secret Service plotting along in its probe of the Biden White House cocaine caper. |
| 1:55.6 | The Secret Service looks like it's stonewalling and what they've surely already found on those |
| 2:00.5 | White House videotapes. Oversight Committee Chairman James Comer is fed up with the Secret Service |
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