Posted on 08/02/24
| News Source: FOX News
Vice President Kamala Harris’ campaign is blaming former President Trump for the latest negative jobs report — nearly a full term after he left office.
"Donald Trump failed Americans as president, costing our economy millions of jobs, and bringing us to the brink of recession," Harris for President spokesperson James Singer said in a statement.
"Now, he’s promising even more damage with a Project 2025 agenda that will decimate the middle class and increase taxes on working families, while ripping away health care, raising prescription drug costs, and cutting Social Security and Medicare — all while making his billionaire donors richer."
Singer added: "We’ve made significant progress, but Vice President Harris knows there’s more work to do to lower costs for families."
Singer said Harris "will make building up the middle class the defining goal of her presidency, taking on greedy corporations that are price gouging consumers, banning hidden fees, and capping unfair rent increases and drug costs."
The Harris campaign’s comments come as U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years.
The Labor Department on Friday reported that employers added 114,000 jobs in July, missing the 175,000 gain forecast by LSEG economists. The unemployment rate also unexpectedly inched higher to 4.3% against expectations that it would hold steady at 4.1%.