Unemployment Ticks Up as Job Growth Beats Expectations

Office Meeting

The U.S. added 272,000 nonfarm payroll jobs in May as the unemployment rate ticked up to 4.0%, according to the Bureau of Labor Statistics (BLS) data released Friday.

Economists anticipated that the country would add 190,000 jobs in May compared to the 175,000 jobs that were added in initial estimates for April and that the unemployment rate would remain unchanged at 3.9%, according to U.S. News and World Report. The job gains follow predictions that the economy is slowing down, with an early estimate for second-quarter gross domestic product (GDP) being revised down to 1.8% from 4.2% over the last month by the Federal Reserve Bank of Atlanta.

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Excess Deaths Remained Elevated Even After COVID-19 Vaccines, Study Finds

Vaccine

More people died in Western countries than expected for three consecutive years amid the COVID-19 pandemic, despite containment measures and vaccines, according to a new study.

The study, published in BMJ Public Health, found more research is needed to determine why more people died than expected, a metric called excess mortality.

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Hunter Biden’s Seemingly Paradoxical Legal Defense Strategy

Hunter Biden courtroom

Defense lawyers are approaching Hunter Biden’s felony gun trial with a strategy to paint the first son as the victim of his drug addiction but at the same time convey that he did not believe he was an addict when he allegedly lied on a federal firearm purchase form.

The defense argument, described by one legal analyst as “remarkably clever,” is designed to sow reasonable doubt in the jurors’ minds that Biden had full knowledge he was lying when he marked that he was not using drugs on the purchase form when he bought a firearm in Delaware in 2016. At the same time, the defense attempted to paint Biden as a victim of his own addictions, possibly to elicit sympathy from the jury.

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Republicans Fight Federal Funding for College Voter Mobilization That Biden Gave Democrat States

Voter Registration

Republicans are pushing back against federal funds being used to promote get-out-the-vote (GOTV) activities among college students as Democrat-led states are taking advantage of the new Federal Work-Study (FWS) program focused on voter registration efforts.

Secretaries of state from Democratic-run states pushed the Biden administration for federal funds to be used in college GOTV activities, and Republicans are now fighting back against the funding in Congress and across GOP-led states.

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Georgia Approves $16.9 Million in Loans and Grants for Transportation Projects

Georgia Freeway Construction

Georgia officials approved $16.9 million in loans and grants for five transportation infrastructure projects across the state

Republican Gov. Brian Kemp and the State Road and the Tollway Authority Board of Directors approved the funding from the Georgia Transportation Infrastructure Bank. The latest round of funding includes the fourth-largest loan amount in the program’s history.

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Commentary: Corporate Media Desperately Wants People to Ignore This Alarming Factoid in Newest Jobs Report

Stressed Worker

Ignore the May jobs report‘s topline establishment survey number and the media’s celebratory reporting. It’s not to be trusted.

A new analysis by the Daily Caller News Foundation shows that payrolls were overstated by 1.3 million last year after accounting for the constant downward revisions. A new Bloomberg Economics report finds monthly job gains were overstated by 730,000 last year. Bloomberg says a surge of business closures is to blame.

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Analysis: Ibram Kendi’s ‘Antiracist’ Center Is Racist by His Own Standards

Ibram Kendi

Ibram Kendi’s Center for Antiracist Research is racist – according to the founder’s own definition.

The College Fix analyzed the remaining team at his Boston University center, which has shrunk since last year due to budgetary problems.

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Commentary: Bob Iger, DEI, and Wokism Broke Disney’s Trust with America

Bob Iger Disney

There is something of a subculture on YouTube of armchair analysts and commentators, WDW Pro, Valliant Renegade, and ClownfishTV, to name just three (beyond traditional financial websites like CNBC and Seeking Alpha), who track every cultural, corporate, programming, and financial move of The Walt Disney Company, previously one of America’s most iconic and trusted companies. Note: I used the past tense in describing The Walt Disney Company. It is no longer one of America’s most trusted brands, and it’s about to lose its iconic status.

How did this happen?

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New Jersey Congressional Primary Results Delayed After 1,900 Mail Ballots Unsealed Prematurely

A New Jersey judge will decide whether to count about 1,900 mail ballots from Atlantic County in a congressional primary election after the ballots were unsealed prematurely.

On Friday, Superior Court Judge Michael J. Blee will hear arguments over whether the 1,909 mail ballots cast in both the Democratic and Republican primary elections on Tuesday will be counted after the ballot envelopes were unsealed too early, the Associated Press reported.

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