White House Reaction to the Jobs Report, Tech Surges and Nasdaq Makes History, Tesla's Big Week 7/5/24
Squawk on the Street
Economic Indicators, Tech Stocks, and Biden Administration's Response
The chapter delves into the June employment report, discussing the rise in non-farm payrolls alongside revisions to previous job growth estimates. It also explores economic indicators, tech stock performance, and the Biden administration's reaction to the latest job report, emphasizing the state of the labor market and potential impacts on the economy. The conversation touches on the administration's efforts to strengthen the economy through investments in American workers and initiatives like fair worker treatment, reducing CEO-worker pay gaps, and increasing wages.
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