Weaker Than Expected: U.S. Hiring Slows With Economy Adding 175,000 Jobs in April and Unemployment Rose to 3.9%

John Carney 3 May 2024

Employers in the United States added 175,000 workers to their payrolls in April, the Department of Labor said Friday.

The unemployment rate ticked up to 3.9 percent from 3.8 percent in the prior month.

Economists had forecast payrolls would grow by 240,000 and the unemployment rate would hold steady at the prior month’s 3.8 percent. The low end of the range of forecasts in the Econoday survey was 190,000 and the high end was 303,000.

The weaker-than-expected figure may revive hopes for rate cuts this year. Stock futures moved higher when the jobs report was released. Futures markets suggested an earlier start to rate cuts from the Fed than they had earlier this week.

Last month, the government said the economy added 303,000 jobs. That was revised up in the latest report, to 315,000. The February estimate was revised down last month by 5,000 to 270,000. It was revised down again to 236,000. After the revisions, employment in February and March combined was 22,000 lower than previously reported.

Wage gains moderated. Overall hourly wages rose 0.2 percent, less than the 0.3 percent estimated and lower than the 0.3 percent recorded in March.

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https://www.breitbart.com/economy/2024/05/03/weaker-than-expected-u-s-economy-added-175000-jobs-in-april/

Biden Roasted for National Day of Prayer Message: ‘You’re the Last Person Who Should Be Quoting Scripture’

Hannah Knudsen2 May 2024553
3:22

President Joe Biden is the last person who should be quoting scripture, social media users said on Thursday, after Biden posted a message for the National Day of Prayer, referencing scripture while spending the last few days promoting the murder of unborn children.

On the National Day of Prayer, Biden wrote, “Scripture tells us to rejoice in hope, be patient in tribulation, and be constant in prayer.”

“On this National Day of Prayer, my prayer is that we keep faith that our best days are ahead of us and continue to believe in honesty, decency, dignity, and respect,” he said in a message that did not include the words “God” or “Jesus”:


https://twitter.com/POTUS/status/1786040263820857832

Many social media users were quick to point to the irony of Biden referencing scripture, given that many of his policies contradict it time and time again.

“You’re the last person who should be quoting scripture, considering that your policies directly contradict the teachings of the Bible,” one wrote, as another pointed out that Biden pays lip service to scripture while pushing for the murder of unborn children.

“You talk about murdering babies in the womb and then talk about scripture? How dare you?” another individual said adding, “You are not a Christian.”

“If Joe Biden is a Catholic, why doesn’t he follow Catholic values?” another asked. “Votes over Catholic values?”

Other comments include:

    “Spare me your lecture on honesty, decency, dignity and respect. You embody none of those.”
    “Your prayer will soon be answered when we vote Trump back into the White House.”
    “Honesty, decency, dignity, and respect are all the things you lack in character.”
    “From the man that supports late term abortion. Biden is a wannabe Catholic.”
    “Since when do you believe in: Honesty? (constantly lying about Trump) Decency? (Push a ghey [sic] and trans narrative at the White House) Dignity? (allowing kids to chop there stuff off) Respect? (Making 100 posts on Easter about trans day)”
    “Abortion fanatic wants to talk about scripture!”

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https://www.breitbart.com/politics/2024/05/02/biden-roasted-for-national-day-of-prayer-message-youre-the-last-person-who-should-be-quoting-scripture/

Send all those death traps back to Mejico and let them kill people there!

Florida Issues Rules for Life-Threatening Emergencies Under Abortion Restrictions

Katherine Hamilton 2 May 2024

Florida health regulators released two emergency rules on Thursday to combat the “deeply dishonest scare campaign and disinformation being perpetuated by the media, the Biden Administration, and advocacy groups,” now that the state’s six-week abortion restriction is in effect.

“[The Florida Agency for Health Care Administration (AHCA)] finds there is an immediate danger to the health, safety, and welfare of pregnant women and babies due to a deeply dishonest scare campaign and disinformation being perpetuated by the media, the Biden Administration, and advocacy groups to misrepresent the Heartbeat Protection Act and the State’s efforts to protect life, moms, and families,” the rules read.

“The Agency is initiating rulemaking to safeguard against any immediate harm that could come to pregnant women due to disinformation. This rulemaking will ensure health care providers establish medical records procedures that will adequately protect the care and safety of both mothers and their unborn babies during medical emergencies,” the rules continue.


https://twitter.com/AHCA_FL/status/1785784419149648289

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https://www.breitbart.com/politics/2024/05/02/florida-issues-rules-life-threatening-emergencies-abortion-restriction/

IRS to Increase Audit Rates of Wealthy Taxpayers by 50 Percent

Paul Bois 2 May 2024

The Internal Revenue Service (IRS) has said it will increase its audit rates of wealthy taxpayers and large corporations by 50 percent.

The IRS will reportedly be using funds allotted to it under the Inflation Reduction Act, which President Biden signed into law in 2022.

“The audit rate of taxpayers earning more than $10 million is expected to increase by 50%, going up from 11% in 2019 to 16.5% in 2026,” reported CNN.

“The IRS also plans to triple the audit rates of large corporations with assets over $250 million, as well as increase the audit rates of business partnerships with assets over $10 million by tenfold over the seven-year period,” it added.

The IRS, however, clarified that it does not expect the audit rates to actually exceed the numbers reached in 2010  “because the number of filings by large corporations, partnerships and wealthy individuals have grown and become more complex.”

Republicans believe the IRS will likely be using this expansion and funding to penalize middle-class Americans. IRS Commissioner Danny Werfel said the agency will leave Americans earning less than $400,000 annually alone.

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https://www.breitbart.com/politics/2024/05/02/irs-to-increase-audit-rates-of-wealthy-taxpayers-by-50-percent/