U.S. Jobs Report Miss, Economic Turmoil, and Political Headlines | Daily Show Prep: Friday, Nov. 1

U.S. Miss, Turmoil, and Political | : , Nov. 1

by | Nov 1, 2024 | Daily Show Prep, Blog

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U.S. Jobs Report Miss, Turmoil, and Political Headlines | The Burning Truth Daily Show Prep

The economy’s condition continues to reveal challenges and surprises. With October’s jobs report missing the mark and revisions showing fewer jobs created than originally reported, Americans are facing a reality check on the state of employment and economic growth. From drops in manufacturing to shifts in political narratives, here’s a closer look at today’s most talked-about stories.

1: Economic Downturn and October Jobs Report

‘An Ugly Jobs Report’

The October jobs report revealed a significant downturn, with payrolls missing expectations and private sector jobs showing a negative trend for the first time since 2020. The results indicate a troubling outlook for job seekers and reflect a broader decline in economic momentum.

Jobs Shock: Payroll Declines and Negative Revisions

Job creation in October was far below anticipated levels, and in a continuing pattern, previous months’ numbers were revised sharply lower:

  • August: Revised down by 81,000 jobs from +159,000 to +78,000.
  • September: Revised down by 31,000, from +254,000 to +223,000.

These corrections bring employment for August and September 2023 down by a combined 112,000 jobs, casting a shadow on any positive interpretations of recent labor data.

Bond Market Under Pressure

Amid disappointing job numbers, bond markets are seeing significant sell-offs, reflecting investor apprehension. This trend is often a precursor to broader economic struggles as investors brace for lower growth projections.

US Manufacturing Faces Decline

October’s manufacturing data underscored the economic challenges, with the U.S. Manufacturing PMI falling to 48.5 in October from 47.3 in September, marking a fourth consecutive month of contraction. ISM’s Manufacturing PMI echoed this sentiment, showing a drop to 46.5—its lowest since June 2023. This is indicative of an ongoing slowdown in U.S. manufacturing activity, which is traditionally a signal of broader economic weakening.

Hour 2: and Political Firestorms

Mark Cuban’s Comments Draw Strong Reactions

Entrepreneur and “Shark Tank” star Mark Cuban recently criticized women who support Trump, drawing fierce responses from across the political spectrum. Cuban’s comments led to a wave of reactions, with many highlighting the resilience and voice of women in the political landscape.

Mystery Solved: The Identity of ‘Walter’ in Jennifer McCormick’s Ad

In a surprising twist, the figure “Walter,” a character in Jennifer McCormick’s campaign ad, has been identified. This revelation sparked discussion, as it shed light on political dynamics within the GOP. According to McCormick, individuals like “Walter” represent the type of Republican she sought to distance herself from.

Hour 3: Cultural and Media Controversies

Town Demands Removal of Controversial Halloween Display

In a divisive community decision, a local town has ordered a resident to remove a Halloween display deemed “offensive.” The display featured exaggerated, bloody imagery, and has sparked debate over free expression, taste, and the limits of holiday decorations in public spaces.

Kamala Harris’ Final Campaign Pushes

As the midterm elections approach, President Kamala Harris has ramped up her former President Trump. In recent appearances, Harris has not held back in her critique, leaving many to wonder if her tactics will help energize her party’s base or alienate undecided voters.

Liz Cheney Hoax Exposes Media

Corporate media’s portrayal of former Congresswoman Liz Cheney’s stance on conservative values has raised eyebrows, with many calling it a case of real “disinformation.” Conservative critics argue that Cheney’s story has been spun to fit a specific narrative, illustrating the power of media influence in shaping political perceptions.

Harvard’s Unique Event: “Taylor Swift as Sacred Text”

In a seemingly ironic turn, Harvard chapel recently hosted an event titled “Reading Taylor Swift as Sacred Text.” This gathering highlights an ongoing trend of secular institutions drawing from pop as a way to engage with modern issues, sparking mixed reactions from students and the public alike.

Conclusion

From economic updates affecting the American workforce to cultural controversies and shifting political narratives, the headlines reveal a nation facing multiple challenges. As we approach a critical election period, staying informed is essential. For on the latest stories, tune in to “The Burning Truth with Casey Hendrickson” daily.

Hour 1

‘An Ugly Jobs Report’

Jobs Shock: October Payrolls Huge Miss As Private Jobs Go Negative For First Time Since 2020

And of course, as has been the case for the entire Biden admin, previous months were revised sharply lower once again: August was revised down by 81,000, from +159,000 to +78,000, and September was revised down by 31,000, from +254,000 to +223,000. With these revisions, employment in August and September combined is 112,000 lower than previously reported. This means that even after the monster September revision when 818K jobs were removed, 7 of the past 9 months were again revised lower!

Behind The Bond Sell-Off

US Manufacturing Survey Hits 16-Month-Lows But Prices Paid Spiked In October

Minutes after the BLS reported the biggest drop in manufacturing jobs since the COVID lockdowns, S&P Global reported its US Manufacturing PMI rose to 48.5 in October (still in contraction) from 47.3 in September (as ‘hard data’ has exploded higher this month. ISM’s Manufacturing PMI was worse than expected, dropping from 47.2 to 46.5 in October – the lowest since June 2023…

That is the fourth straight month of contraction (sub-50) for the Manufacturing PMI

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday.

Harris dealt a blow from poor October jobs report

Hour 2

17 Nuclear Responses to Moronic Misogynist Mark Cuban’s Attack on Trump-Supporting Women

So, we found out who ‘Walter’ is in the Jennifer McCormick ad

Here’s his Facebook

Walt is the type of Republican Jennifer McCormick says she left the GOP over.

Hour 3

Town ordering man to remove ‘offensive’ Halloween display, bloody handprints at daycare spark debates

JETTISON THE JOY: Kamala Spends Final Days Hurling Vicious Slurs At Trump

Corporate Media’s Shameless Liz Cheney Hoax Is What Real ‘Disinformation’ Looks Like

Not Parody: Harvard chapel hosts event called “Reading Taylor Swift as a Sacred Text”

Mark Cuban Does Exactly Communists Want Him To Do

by | Feb 10, 2021 | Blog, Conspiracy, Idiocracy

The complete control the Chinese Communist Party has on the NBA is well-documented and not in dispute.

owns an NBA team.

Therefore, Mark Cuban will do what the Chinese Communist Party wants him to do.

He’ll also bow to the wishes of his players because he doesn’t want to upset them. Those players will do whatever the communists want them to do.

Get ?

Mark Cuban has directed his team to no longer play the National Anthem before games.

Sports Illustrated noted that the Mavericks did not publicize the decision, and some players said that they weren’t even aware of the move until they discovered it on their own.

The outlet said, “This is believed to be the first instance of a professional team getting rid of the U.S. national anthem from the pre-game, according to the Athletic. Major League Soccer did not play the anthem during a tournament in in Orlando that did not have fans present, but teams have since started playing it prior to their home games.”

The great irony is that a billionaire will do what a communist wants him to do in order to keep making money.

It’s not just China responsible for Cuban doing the bidding of communists. This is a long strategy employed by communists do destroy America, and Cuban is happy to do it. Even if he doesn’t realize he’s their puppet.

Communist goal number thirteen: “Do away with all loyalty oaths.”

Cleon Skousen’s “” listed the 45 communist goals that the had identified as a to destabilize and change the from a free capitalist country to a socialist one. I was the first person in to tell his audience about this many years ago.

The attack on the National Anthem and the Pledge of Allegiance has been relentless from academia and has now gone mainstream. They are painted as racist and offensive. Things to be done away with.

Everyone knows not playing the National Anthem is turning your on America. Mark Cuban is ok with that long as it satisfies his financial goals. What he may not be aware of is that he’s also doing the bidding of communist agitators hell-bent on destroying this country.