The 162,000 jobs everyone cheered came from waiters, bartenders, and a soccer tournament.
Food services and drinking places added 59,000 in August, the biggest gain by far and nearly 5x the 12-month average. Temporary FIFA World Cup hiring did most of the lifting. Information, finance, and government all shed jobs.
The highest-paying sectors are shrinking while low-wage temporary work carries the headline. Strip out the World Cup and this labor market is cooling.
@JPHilllllll Where were you when he and his mother were in projects?
Last I checked he’s a private citizen. Not a public servant. Doesn’t own or lead a Fortune 500. This fake ‘purity’ and ‘moral’ outrage is pathetic.
The White House is literally telling investors where the next trillions will flow.
Top 10 stocks to benefit from each market theme:
1. $OKLO | Developing compact fast-fission nuclear powerhouses for AI data centers and industrial customers. Still pre-revenue, but its pipeline includes a 1.2 GW Meta-backed Ohio campus and a 12 GW non-binding Switch agreement.
BREAKING: The number of 401(k) accounts with balances of $1 million or more rose +19% in Q2 2026, to a record 769,000, according to Fidelity.
This marks the largest quarterly increase since Q4 2023, fueled by a +15% S&P 500 gain last quarter, its strongest quarterly performance since 2020.
Average 401(k), 403(b), and IRA balances on Fidelity’s platform also rose to their highest levels on record, while workplace retirement savings rates remained near their records.
Despite this, worker confidence about having enough money for a comfortable retirement fell to its lowest since 2017.
This comes as Americans now say they need $1.46 million on average to retire comfortably, according to Northwestern Mutual.
Rising household debt, living costs, and concerns about Social Security, whose trust fund is estimated to be depleted by 2032, are increasingly weighing on how prepared workers feel.
Own assets or be left behind.
BREAKING: A US judge has ruled that the US Constitution does not guarantee a right to clean drinking water or accurate information from public officials, per Bloomberg
@AntiquarianMuse Middle Class consumers and entrepreneurs create jobs.
Billionaires use their capital to exploit workers at every level, eliminate competition/small businesses and drive up property values.