As the 2024 presidential race between Vice President Kamala Harris and former President Donald Trump begins to enter to closing stretch, all eyes are now turned to the Sept. 10 debate between the two candidates, as national polls still show the race to be closely contested both nationally and in the swing states of Pennsylvania, Michigan, Wisconsin, Georgia, Arizona, North Carolina and Nevada.
Read MoreAuthor: The Daily Torch
Analysis: Job Openings Collapse to Lowest Level Since 2021
U.S. labor markets continued showing signs of weakening as job openings fell to 7.6 million in July, the lowest level since Feb. 2021. Job openings are now 4.6 million below their March 2022 high of 12.2 million, a more than 37 percent drop.
Read MoreCommentary: Employment Flatlines and Recession Warning Signs Intensify as 2024 Election Nears
The U.S. employment level in the Bureau of Labor Statistics’ household survey has barely grown the past year, only increasing at 0.03 percent since July 2023, from 161.2 million to 161.26 million, with just 57,000 more people saying they’re employed today than a year ago.
Read MoreAnalysis: Trump Quietly Gains Support Among Black Voters in Battleground States Against Harris
The likely outcome according to current polling and historical precedent is that the Democratic Presidential candidate will win a wide majority of the Black vote, and with Vice President Kamala Harris on the ticket this expectation is raised even further.
Read More