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US private employers add 104,000 jobs in big July rebound

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Another win for Trump???

Of course that is what his followers will claim, but just look at the whole picture, to know it is no win at all.

 

https://finance.yahoo.com/news/us-private-employers-add-104000-jobs-in-big-july-rebound-121947763.html

 

Private employers added more jobs than expected in July, rebounding after declining for the first time in more than two years during May.

On Wednesday, data from ADP showed private payrolls grew by 104,000 in July, above the 75,000 expected by economists and well above above the 23,000 job cuts seen in June. Wednesday's data showed June's job cuts were revised lower to 23,000 from an initially reported 33,000.

 

In those articles, if it is more than expected by economists, it is seen as a win, but look at the graph to see it has been a loss for his entire term.

 

image.png.24c7cbccc2be436cbc24bbc5148045a4.png

 

 

As Warren Buffett said:

 

"There is a war going on: "The rich against the poor. We (the rich) are winning".

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