Harrisnomics Crashed 401-K Stock 2.8%; Drove Unemployment Up to 4.3%

Harrisnomics Crashed 401-K Stock 2.8%; Drove Unemployment Up to 4.3%

DOW Down 944.97 Points

Harrisnomics is Working BADLY

Kamala Harris Owns Bidenomics

MS CoPilot Ai Data, 5/08/24

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Kamala Harris owns Harrisnomics because she owns Bidenomics, “I am proud of Bidenomics,” she said years ago. By today, the stock market dow crashed 2.8% (almost 1k points) and unemployment soared to 4.3%.

After the Democrat Party’s (“Dems”) coup d’etat installing Rogue Kamala Harris as substitute presidential candidate for Rogue Biden, the DOW went down to 944.97 points (2.8%) and unemployment rose to 4.3%.

Kamalanomics inflation is three-times what it was during the Trump regime.

On Friday, August 2, 2024, the Dow Jones Industrial Average dropped by 610.71 points, or 1.5%, closing at 39,737.26⁹.

As of the most recent update, the current Dow Jones index is at 38,792.29, reflecting a further drop of 944.97 points or 2.38%¹.

 

 

___ Ref.:

Source: Conversation with Copilot, 8/5/2024

(1) How major US stock indexes fared Friday, 8/2/2024 – ABC News. https://abcnews.go.com/Business/wireStory/major-us-stock-indexes-fared-friday-822024-112524474.

(2) Dow Jones Industrial Average Index. https://bing.com/search?q=current+Dow+Jones+index.

(3) Dow Jones Industrial Average Price, Real-time Quote & News – Google. https://www.google.com/finance/quote/.DJI:INDEXDJX.

(4) Dow Jones INDEX TODAY | DJIA LIVE TICKER – Markets Insider. https://markets.businessinsider.com/index/dow_jones.

(5) Dow Jones Today | DJIA Index Live – Investing.com. https://www.investing.com/indices/us-30/1000.

(6) Dow Jones Composite Average Price, Real-time Quote & News – Google. https://www.google.com/finance/quote/DJC:INDEXDJX.

(7) Dow Jones Drops 800+ Points After Lack of Job Growth in July. https://greekreporter.com/2024/08/03/dow-jones-drop-stock-market-exchange/.

(8) Dow plunges nearly 1,000 points after report shows sharp drop in U.S. hiring. https://www.msn.com/en-us/money/markets/dow-plunges-nearly-1000-points-amid-sharp-drop-in-us-hiring/ar-BB1r5UkN.

(9) Dow ends 2.1% lower for the week after poor jobs data. https://www.straitstimes.com/business/companies-markets/dow-ends-21-lower-for-the-week-after-poor-jobs-data.

(10) Dow plunges nearly 1,000 points after report shows sharp drop in U.S …. https://www.cbsnews.com/news/stocks-today-why-falling-jobs-report-2024/.

* * *

On August 2, 2024, the unemployment rate in the United States was 4.3%, up from 4.1% in June²⁴. The rate remained the same on August 5, 2024, at 4.3%⁷⁹.

Is there anything specific you are concerned about regarding these unemployment rates?

Source: Conversation with Copilot, 8/5/2024

(1) New jobs numbers raise alarm bells on recession risk – Axios. https://www.axios.com/2024/08/02/jobs-economy-unemployment-fed-rate-recession.

(2) US Unemployment Rate Monthly Analysis: Employment Situation – YCharts. https://ycharts.com/indicators/us_unemployment_rate.

(3) Job growth totals 114,000 in July, much less than expected, as … – CNBC. https://www.cnbc.com/2024/08/02/job-growth-totals-114000-in-july-much-less-than-expected-as-unemployment-rate-rises-to-4point3percent.html.

(4) July Jobs Report: Unemployment Rate Rises for Fourth Consecutive Month …. https://budget.house.gov/press-release/july-jobs-report-unemployment-rate-rises-for-fourth-consecutive-month.

(5) New jobs numbers raise alarm bells on recession risk – Axios. https://bing.com/search?q=unemployment+rate+on+August+2%2c+2024.

(6) The U.S. Unemployment Data Will Be Published on 2 August: What Effect …. https://www.fxempire.com/forecasts/article/the-u-s-unemployment-data-will-be-published-on-2-august-what-effect-will-this-data-have-on-the-dollar-index-1450367.

(7) The Employment Situation – July 2024 – U.S. Bureau of Labor Statistics. https://www.bls.gov/news.release/archives/empsit_08022024.pdf.

(8) Civilian unemployment rate – U.S. Bureau of Labor Statistics. https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm.

(9) Employment Situation News Release – 2024 Q01 Results. https://www.bls.gov/news.release/archives/empsit_04052024.htm.

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