Skip to content
Search AI Powered

Latest Stories

Fox Business Host Excitedly Reporting Huge New Jobs Report Should Be Biden's Next Ad

Joe Biden
Scott Olson/Getty Images

Fox Business excitedly reported new ADP jobs numbers showing 497,000 jobs created in June, 'big big big' jump over what was expected, even saying 'that's not recessionary at all.'

Fox Business raised eyebrows after it broke from the typical critical coverage of the Biden administration and excitedly reported the new ADP jobs numbers, which showed 497,000 jobs created in June, defying more conservative estimates.

Private-sector job growth in the United States experienced a significant surge in June, demonstrating the resilience of the labor market. According to ADP's report, private sector jobs increased by 497,000, surpassing expectations and marking a substantial jump from the previous month.


While jobless claims saw a slight increase in the latest week, the overall data presents a positive outlook for the labor market. This surge was significantly higher than the projected 250,000 jobs and surpassed the 278,000 gain recorded in the previous month.

Industries such as leisure and hospitality, trade and transportation, and education and health services showcased the strongest gains. Notably, leisure and hospitality alone added 232,000 jobs, contributing to the overall positive job creation trend.

And Fox Business was thrilled to report on all of it as you can see in the video below.

An excited host said:

"497! That is a big, big jump above the estimate of 228K. That's double of what economists have predicted. 497,000 jobs added on private payroll. Well, that's not recessionary at all." ...
"The range didn't even get anywhere near the actual number that we got."

Another said the numbers were "a testament to the strength of the U.S. economy" and said that while the expect that number to be slightly revised, all evidence suggests that "the U.S. economy sort of continues to move along at a very rapid pace."

The network's response prompted many to praise President Joe Biden and Democratic leadership.

Indeed, several opined Fox Business' report could be repurposed into a campaign ad for Biden as he runs for re-election.






Nela Richardson, ADP's chief economist, highlighted the robust performance of consumer-facing service industries in June, leading to higher-than-expected job creation.

However, Richardson also noted that wage growth in these sectors continued to slow, suggesting that hiring may have reached its peak following a late-cycle surge. These observations provide valuable insights into the overall health and dynamics of the labor market.

According to the Labor Department's report, jobless claims experienced a slight rise of 12,000, totaling 248,000 in the week ending July 1. While economists surveyed by FactSet expected weekly claims to reach 244,000, the four-week moving average decreased by 3,500 from the previous week to 253,000.

Continuing claims also showed a decline of 13,000 from the previous week, reaching 1.72 million, slightly below economists' expectations.

More from People

Donald Trump
Mehmet Eser/Middle East Images/AFP via Getty Images

Trump Demands 'Boss Of AT&T' Fix Equipment After Failed Conference Call In Bizarre Meltdown

When most of us have technical difficulties, we contact tech support or customer service.

But if you're President of the United States, just ranting on social media—then having your White House Press Secretary post a screenshot of your post on a social media platform people actually use—is apparently the answer.

Keep ReadingShow less
Screenshot of Lauren Boebert speaking to Alex Stein
Prime Time with Alex Stein/Blaze Media

Lauren Boebert Casts Doubt On Moon Landing During Wild Interview With Conspiracy Theorist

Colorado Republican Representative Lauren Boebert was criticized after she seemingly agreed with the conspiracy theory that the moon landing was faked in a wide-ranging interview with conservative conspiracy theorist Alex Stein.

The segment began with the duo casting doubt on nuclear weapons—Boebert even joked about needing "tin foil"—and moved into weirder territory when Stein praised Boebert for "vibing" with him on the topic of the moon landing. Conspiracy theorists have long alleged the moon landing was fabricated by NASA in what they claim was an elaborate hoax.

Keep ReadingShow less
Rosie O'Donnell; Oprah Winfrey
Simon Ackerman/Getty Images; Ernesto Ruscio/GC Images

Rosie O'Donnell Calls Out Oprah For Attending Jeff Bezos' Wedding In Scathing Poem

Among the various celebrity hangers-on who attended Jeff Bezos and Lauren Sánchez's Venice wedding, the one that seemed to generate the most controversy was Oprah Winfrey.

After all, a woman known for her progressive politics whose entire ethos is about teaching people how to be their best selves, attending the wedding of man who directly funded a fascist regime dismantling our country before our eyes doesn't exactly add up.

Keep ReadingShow less
Lisa Murkowski
Kayla Bartkowski/Getty Images

Lisa Murkowski Slammed After Criticizing Massive Budget Bill She Just Voted For

Alaska Republican Senator Lisa Murkowski was slammed after she claimed that President Donald Trump's One Big Beautiful Bill is "not there yet" despite casting the deciding vote to narrowly pass it before sending it back to the House.

In a marathon voting session, the Senate narrowly passed the legislation in a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote after three Republicans joined all Democrats in opposition.

Keep ReadingShow less
Woman listening to her boyfriend play guitar
Photo by Toa Heftiba on Unsplash

Things People Initially Found Attractive About Their Partner That Now Annoy Them

Being in a relationship can be wonderful, but it's not without its ups and downs.

In order for it to work, we have to allow it to grow and change over time rather than being locked forever into what it was when we first started dating our person.

Keep ReadingShow less