But let's break down all of this with MSNBC senior Capitol Hill correspondent and host of Way Too Early, Alli Vitali, MSNBC's Laura Baron Lopez at the White House for us. Our correspondent Ariel Hixon on the ground at the National Mall and senior writer at the Dispatch, David Ducker. Ally, uh, we're at the two week mark. Hard to believe that. And things at the leadership level seemed seem like they're gridlocked more than ever. Hard to believe and yet quite obvious given the fact that both sides have been v ...

They have no idea how I feel. It It's It's just It's just horrible. It's horrible.>> Quay Crowner calls herself a career fit, having worked in federal jobs for over three decades, but at 55 years old while employed by the Department of Education. >> So, how did you find out you were being let go. >> An email.>> And she's not alone. The latest jobs numbers revealing there were 319,000 fewer black women employed in July versus February. >> What went through your mind when you realized that it's been many blac ...

Summary of the July Employment Report Conference Call Industry Overview - The report focuses on the U.S. labor market, specifically the July employment report and its revisions, indicating a weak performance across various metrics. Key Points and Arguments 1. **Weak Employment Metrics**: The July employment report showed below-expectation payroll growth, a decline in household employment, and an increase in the unemployment rate, alongside significant downward revisions to payroll growth in April and May [3][4][44]. 2. **Magnitude of Revisions**: The net downward revision of 258,000 jobs to May and June payroll growth is noted as the largest two-month revision since 1968, outside of NBER-defined recessions [3][5][44]. 3. **Sector Breakdown**: The downward revisions were roughly evenly split between public and private sectors, with public-sector job gains revised down by approximately 130,000 jobs [9][12][44]. 4. **Bureau of Labor Statistics (BLS) Benchmark Revision**: A preliminary estimate of the benchmark revision to March 2025 nonfarm payrolls is expected to show a downward revision of 550,000 to 950,000 jobs, translating to a monthly payroll growth revision of 45,000 to 80,000 jobs from April 2024 to March 2025 [30][32][33]. 5. **Impact of Seasonal Adjustments**: The report discusses the BLS's concurrent seasonal adjustment methodology, which may have contributed to the overstatement of payroll growth, particularly during periods of slowing job growth [18][22][24]. 6. **Comparison to Previous Year**: Last year's revisions were smaller and more concentrated in the public sector, while this year's revisions show a broader impact across private sector jobs [26][27][28]. 7. **Economic Growth Assessment**: The overall data suggests that the U.S. economy is growing below its potential, with payroll growth aligning more closely with other economic indicators that have also shown a marked slowdown [39][44]. Additional Important Insights 1. **Data Quality Concerns**: There are ongoing concerns regarding the quality of data collected for employment statistics, with declining response rates potentially affecting the volatility of revisions in the post-pandemic period [22][23]. 2. **Sector-Specific Revisions**: The state and local government education sector accounted for over 40% of the overall revision, indicating significant adjustments in this area [12][13][44]. 3. **Future Outlook**: The report suggests that if job growth stabilizes or recovers, the BLS's seasonal factors will likely adjust accordingly, impacting future payroll growth estimates [23][24]. This summary encapsulates the critical findings and implications of the July employment report, highlighting the challenges and adjustments within the U.S. labor market.