House Minority Leader Nancy Pelosi (D., Calif.) on Friday gave former President Barack Obama credit for the latest jobs report and castigated President Donald Trump for his economic policies, despite the report showing strong jobs numbers and coming out nearly two months after Trump entered the White House.
The number of Americans either working or looking for work in the past month hit a record high of 160,056,000, the first time this number surpassed the 160,000,000 mark, according to numbers released by the Bureau of Labor Statistics. Last month, there were 159,716,000 Americans in the labor force.
The fast-food chain Wendy’s plans to install self-order kiosks at 1,000 restaurants across the country in order to cut rising labor costs amid minimum wage hikes in several states.
Stock prices climbed to record highs worldwide for a third straight session on Thursday, propelled by an oil rally after a surprise drop in U.S. crude inventories and comments from U.S. President Donald Trump and his Treasury chief on plans for job creation and tax reform.
Amazon announced on Thursday that it plans to add over 100,000 full-time jobs with benefits across the United States over the next 18 months.
Thousands of President Obama appointees and hundreds of Hillary Clinton campaign staffers are struggling to look for employment after Democrats lost the White House in November.
Since President Barack Obama took office in January 2009, the number of employed Americans increased by 9.9 million, but there were 14.6 million more who left the labor force, according to the latest numbers from the Bureau of Labor Statistics.