- August 2, 2024 - 

KAMALANOMICS: Americans Last

"Wow" — and NOT in a good way.

 

July's jobs report came in "MUCH weaker than expected" as unemployment surged — and all indications point to a recession on the horizon.

 

 

Just 114,000 jobs were created in July, while unemployment shot up to 4.3% — its highest since October 2021 — as economists warn the U.S. is in the early stages of a recession.

 

1.2+ million more Americans are unemployed than just one year ago, the number of long-term unemployed Americans has increased for the fifth straight month, the number of Americans working part-time jobs for economic reasons is at its highest since October 2021, and labor force participation remains far below pre-pandemic levels.

 

Foreign-born workers, meanwhile, are thriving in Kamala's economy. 1.2 million native-born Americans lost employment over the last year, while 1.3 million foreign-born workers found jobs.

 

Kamala — who cast the tie-breaking Senate vote for trillions in spending that sent inflation sky-high — owns the failures of the Harris-Biden economy.

 

Does anyone really think Kamala can handle a recession? She can't even handle taking a question from the press.

Jake Schneider

Rapid Response Director

Republican National Committee

Follow @RNCResearch | @jacobkschneider

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