Even Fox Business Can’t Spin Trump’s Terrible Jobs Numbers

Donald Trump’s brutal July jobs report appeared to genuinely rattle the hosts at Fox Business.

Several hosts and guests sat in stunned silence on Fox Business’s Mornings With Maria, after host Maria Bartiromo announced the disastrous results of the government’s July jobs report.

As Bartiromo announced that only 73,000 jobs had been created last month, disappointed hums rippled throughout the guests, with one loosing a disheartened “wow.”

“And that’s total,” replied a disheartened-sounding Charles Payne. While the numbers of jobs created trailed the estimates by more than 30,000, the unemployment rate remained on target at 4.2 percent.

The hosts struggled to find someone to blame other than Trump, with Payne eventually landing on Jerome Powell, the Federal Reserve chair who Trump moved to usurp Friday.

The report also included significantly revised numbers for May and June—and the difference was startling. The number of jobs created in June came down to 14,000 from the previously stated 147,000; and in May the number was 19,000, revised down from 144,000.

“It’s no wonder the market was down 300 points going into this number. Look at these revisions!” Bartiromo cried.

On the campaign trail, Trump had slammed the Biden administration for publishing massive revisions to its job numbers for the year ending in March 2024. But now his administration has seen a revision of 258,000 jobs in just two months.

Fox Business’s Moore attempted to comfort his fellow host, blaming the trade turmoil sparked by Trump’s tariffs, and tried to get her to focus on the positives. But the jobs report didn’t have much in terms of a silver lining, revealing that health care and social assistance are pretty much the only sectors hiring anymore. Bartiromo had been similarly shocked by June’s ADP jobs report.

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