96,000 Jobs Added in August

The Bureau of Labor Statistics reports what can only be deeply disappointing news: The U.S. economy gained only 96,000 non-farm jobs in August. The unemployment rate ticked down to 8.1 percent, from 8.3 percent in July, but mostly thanks to shrinking participation in the labor force. Labor-force participation, at 63.5 percent, is now the lowest it has been since 1981.

And the president already has himself in a hole for the 1 million manufacturing jobs he’s promised last night he’ll bring in a second term: The sector shed 15,000 jobs in the past month.

The previous two months were also revised down: June’s jobs number from 64,000 to 45,000, and July’s from 163,000 to 141,000.

Patrick Brennan — Patrick Brennan is a writer and policy analyst based in Washington, D.C. He was Director of Digital Content for Marco Rubio's presidential campaign, writing op-eds, policy content, and leading the ...

Most Popular

U.S.

Fire the FBI Chief

American government is supposed to look and sound like George Washington. What it actually looks and sounds like is Henry Hill from Goodfellas: bad suit, hand out, intoning the eternal mantra: “F*** you, pay me.” American government mostly works by interposition, standing between us, the free people at ... Read More
Film & TV

Black Panther’s Circle of Hype

The Marvel Cinematic Universe (MCU) first infantilizes its audience, then banalizes it, and, finally, controls it through marketing. This commercial strategy, geared toward adolescents of all ages, resembles the Democratic party’s political manipulation of black Americans, targeting that audience through its ... Read More