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Dulcinea

(7,243 posts)
Sat Oct 5, 2024, 11:27 AM 9 hrs ago

A messaging battle is set for the final days of 2024 campaign: 16 million jobs vs. 20% higher prices

(Yahoo Finance) A hotter-than-expected jobs report released Friday sets up a contrast for the final month of the 2024 campaign as Democrats and Republicans prepare their closing economic arguments.

Should voters care about the fact that there are over 16 million more jobs in the US economy now than when President Joe Biden took office — or is the fact that prices rose by nearly 20% over that same stretch a more important measure?

Which side wins that argument could be a key advantage when voting ends on Nov. 5 in the neck-and-neck contest between Vice President Kamala Harris and former President Donald Trump.

For today at least, the economic data was a tailwind for Democrats, with data from the Bureau of Labor Statistics showing that the labor market had added 254,000 jobs in September, blowing away the 150,000 that economists had expected.

https://finance.yahoo.com/news/a-messaging-battle-is-set-for-the-final-days-of-2024-campaign-16-million-jobs-vs-20-higher-prices-162322160.html?.tsrc=daily_mail&segment_id=DY_VTO&ncid=crm_19908-1202929-20241005-0&bt_user_id=nQGAhU2lhzSk8NmNRYzTkS9b2M9ToOL2TjiYLrWwUFmZ4Qw4WnVhNKhU8fti6xRz&bt_ts=1728120990262

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