Feb 8, 2020 - Politics & Policy

Election-year economy "everything Trump could hope for"

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Data: Bureau of Labor Statistics. Chart: Axios Visuals

The big headline out of Friday's jobs report "was that employers added 225,000 jobs in January, comfortably more than analysts had expected," N.Y. Times senior economics correspondent Neil Irwin writes.

The big picture: Positive underlying trends drove the unemployment rate up to 3.6% from 3.5%, while the share of adults working or looking for work rose to 63.4% — the highest since mid-2013, the Times writes.

  • "The share of adults between ages 25 and 54 who were employed reached 80.6 percent, its highest level since mid-2001."

The bottom line: "There are plenty of structural problems in the United States economy, including inequality and a lack of mobility and opportunity for many people."

  • Yes, but: The economy is the strongest it has been in an election year since 2000.

Go deeper: U.S. economy adds 225,000 jobs in January

Go deeper

The latest: George Floyd protests nationwide

Police officers wearing riot gear push back demonstrators outside of the White House on Monday. Photo: Jose Luis Magana/AFP via Getty Images

Protests over the death of George Floyd and other police-related killings of black people continued for a seventh day across the U.S., with President Trump threatening on Monday to deploy the military if the unrest continues.

The latest: New York Gov. Andrew Cuomo told CNN on the president's quasi-offer: "Thank you but no thank you," and accused Trump of "calling out the American military for a photo opportunity."

2 hours ago - World

The world watches America burn

Newspaper front pages via the Newseum

The world is watching the grief and anger, violence and pain in America's streets.

The big picture: The U.S. accounts for nearly one-third of the world's deaths from COVID-19. The killing of a black man, George Floyd, by police has sparked days of protest and nights of chaos in America's major cities.

Trump walks to historic St. John's Church outside White House as protests rage

President Trump walked to the historic St. John’s Episcopal Church, located just steps away from the White House across Lafayette Park, on Monday night as protests linked to the murder of George Floyd raged across the capital and cities around the country.

What we're seeing: Military police and park rangers used physical force and tear gas on peaceful protestors to clear the area so that Trump could "pay respects" to the church that was damaged by a fire on Sunday.