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Presenter calls U.S. jobs report "bad," says economy earns an "F" after July loss
Summary
A single speaker criticized the latest jobs report, saying the U.S. lost 23,000 jobs in July and that May and June were "revised downward by over a 100,000" jobs, arguing the economy does not merit high marks.
A presenter criticized the newly released seasonally adjusted jobs report, saying, "The United States lost 23,000 jobs in July" and summing up the data bluntly: "It's bad." The speaker contrasted the figures with claims of strong performance, arguing the economy is not delivering for families.
The presenter said earlier months were also weaker than first reported, stating officials "relooked at May and June and found that, no, their numbers weren't right for May and June" and that those months "have been revised downward by over a 100,000" jobs. The speaker referenced a political claim, saying "Trump says he deserves an A plus on the economy" and replied directly, "I wouldn't give that an a plus."
The critic framed the situation as a combination of rising prices and falling employment, saying "prices are going up, up, up on everything that families acquire, jobs are plunging down," and concluded with a categorical judgment: "That's an f, economy. An economy that's not working for families." The transcript does not identify the speaker by name or provide a date for the remarks; the comments appear in a single uninterrupted speaker segment of the record.
The record contains no formal motions or votes on economic policy and does not specify follow-up actions. The speaker's statements summarize the reported Bureau of Labor Statistics topline and the transcript's rendition of revisions to prior months' employment totals.
