{"id":2469650,"date":"2025-08-01T13:05:02","date_gmt":"2025-08-01T17:05:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tariffs-and-big-beautiful-bill-will-boost-labor-market-white-house\/"},"modified":"2025-08-01T13:06:24","modified_gmt":"2025-08-01T17:06:24","slug":"tariffs-and-big-beautiful-bill-will-boost-labor-market-white-house","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tariffs-and-big-beautiful-bill-will-boost-labor-market-white-house\/","title":{"rendered":"Tariffs and &#8216;big, beautiful bill&#8217; will boost labor market: White House"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftariffs-and-big-beautiful-bill-will-boost-labor-market-white-house%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2469650&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The White House is downplaying the disappointing July jobs report, which showed only 73,000 jobs added, saying the economy&#8217;s prior uncertainties-related to President Trump&#8217;s tariffs and the pending passage of the &#8220;One Big Beautiful Bill&#8221;-have now been resolved. Stephen Miran, Chairman of the White House Council of Economic Advisers, explained that revisions to earlier job numbers were largely due to seasonal adjustment changes, such as in the education sector. He emphasized that stricter border policies have led to a decline in foreign-born jobs,replaced by American workers. Miran highlighted the significance of recent trade deals and the new legislation, which includes extended tax reforms, as strong boosts to the economy. Despite acknowledging some negative aspects of the jobs report, he described the unemployment rate as stable and pointed to ongoing deregulation and energy policies as positive economic drivers. Additionally, White House economic officials expressed optimism about future job growth and economic momentum following these policy developments.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Tariffs and &lsquo;big, beautiful bill&rsquo; will improve labor market after bad jobs report: White House<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2191816\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>The <a href=\"https:\/\/www.washingtonexaminer.com\/section\/news\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"\">White House<\/a> is downplaying this month&rsquo;s <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/unemployment\/\" target=\"_blank\" rel=\"noopener\" title=\"\">jobs report<\/a>, contending that the uncertainty the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/economy\/\" target=\"_blank\" rel=\"noopener\" title=\"\">economy<\/a> was grappling with over President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a>&lsquo;s <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tariffs\/\" target=\"_blank\" rel=\"noopener\" title=\"\">tariffs<\/a> and whether <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/congress\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Congress<\/a> would pass the One Big Beautiful Bill Act is over.<\/p>\n<p>In response to the Bureau of Labor Statistics reporting that only 73,000 were added to the economy in July and that 258,000 fewer jobs were added in May and June than previously reported, White House&nbsp;Council of Economic Advisers&nbsp;Chairman Stephen Miran told the <em>Washington Examiner<\/em> that &ldquo;about 60% of the overall revisions&rdquo; were because of &ldquo;changes to seasonal adjustments,&rdquo; for example, teachers.<\/p>\n<p>&ldquo;Second is our <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/border\/\" target=\"_blank\" rel=\"noopener\" title=\"\">border<\/a> policies,&rdquo; Miran said Friday at the White House. &ldquo;Keeping American communities and American families safe have led to a decline since the president took office of over a million foreign-born jobs, whereas American jobs have replaced those.&rdquo;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3488615\/trump-smithsonian-impeachment-exhibit-removed\/\">Smithsonian removes mention of Trump in impeachment exhibit after review of bias content<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3488466\/trump-fed-board-assume-control-if-powell-refuses-to-lower-interest-rates-again\/\">Trump calls on Fed board to assume control if Powell refuses to lower interest rates again<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3488490\/biden-speech-trump-dark-days\/\">Joe Biden&nbsp;paints&nbsp;Trump administration&nbsp;as doom and gloom: &lsquo;Dark days&rsquo;<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;Finally,&rdquo; the&nbsp;Hudson Bay Capital Management senior strategist and co-founder of asset management firm Amberwave Partners continued, &ldquo;there&rsquo;s the fact that there was uncertainty around tariffs that was critical to creating the leverage that the president used to accomplish some of the most impressive one-sided <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/trade\/\" target=\"_blank\" rel=\"noopener\" title=\"\">trade deals<\/a> in history.&rdquo;<\/p>\n<p>For Miran, there was also economic uncertainty regarding whether Congress would pass the One Big Beautiful Bill Act, which, among other provisions, extended the tax reforms in Trump&rsquo;s 2017 Tax Cuts and Jobs Act, and whether the economy was headed toward a recession.<\/p>\n<p>Congress passed the One Big Beautiful Bill Act in July and, on Wednesday, the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/commerce-department\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Commerce Department<\/a> reported that the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/gdp\/\" target=\"_blank\" rel=\"noopener\" title=\"\">economy expanded<\/a> by 3% during the second quarter of this year.<\/p>\n<p>&ldquo;Both of those sources of uncertainty are resolved,&rdquo; he said. &ldquo;There&rsquo;s a spate of trade deals with some of our most <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/experts-mideast-nations-dependent-on-ukraine-and-russia-for-wheat-may-face-crisis\/\" title=\"Experts: Mideast Nations Dependent on Ukraine and Russia for Wheat May Face Crisis\">important trading partners<\/a> in place that are going to be huge tailwinds to the economy. The &lsquo;one big, beautiful bill&rsquo; is law [and] contains massively powerful incentives for investing in America, for making America the best place to do business. &hellip; People know what the lay of the land is now, both in the trade front and on the tax front, and so we expect things to get materially stronger from here now that our policies are starting to take place.&rdquo;<\/p>\n<p>When asked whether July&rsquo;s jobs report could <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/university-of-chicago-student-leaders-condemn-israel-in-unsigned-anti-semitic-letter\/\" title=\"University of Chicago Student Leaders Condemn Israel in Unsigned Anti...Semitic Letter\">put economic pressure<\/a> on the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/federal-reserve\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Federal Reserve<\/a> to lower interest rates amid Trump&rsquo;s political campaign on Chairman <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/jerome-powell\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Jerome Powell<\/a> to do the same, Miran indirectly agreed.<\/p>\n<p>&ldquo;I don&rsquo;t want to sort of tell the Fed what to do, but I do think that these data are evidence that the president not only has had a great track record in the past on making predictions about inflation, about the economy, but that he&rsquo;s probably right now too,&rdquo; he said.<\/p>\n<p>July&rsquo;s jobs report, finding that <a href=\"https:\/\/amzn.to\/3YuVZYV\" >nonfarm payroll positions increased<\/a> by 73,000, was more than June&rsquo;s 14,000 but fewer than expectations of 100,000.<\/p>\n<p>Miran told other reporters at the press conference that &ldquo;obviously there were elements of [the jobs report] that we didn&rsquo;t love,&rdquo; but that he would describe July&rsquo;s 4.2% unemployment rate, an increase from June&rsquo;s 4.1%, &ldquo;as stable, not as rising&rdquo; and &ldquo;noise.&rdquo;<\/p>\n<p>&ldquo;We still are plowing ahead, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-china-threat-is-real-and-upon-us\/\" title=\"The China Threat is Real and Upon Us\">full speed ahead<\/a> on deregulation,&rdquo; he said. &ldquo;We&rsquo;re plowing full speed ahead on energy abundance. These are all tailwinds for the economy.&rdquo;<\/p>\n<p><strong><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3466856\/trump-fed-chairman-short-list-replace-jerome-powell\/\" target=\"_blank\" rel=\"noreferrer noopener\">WHO&rsquo;S ON TRUMP&rsquo;S SHORT LIST TO REPLACE POWELL AS FED CHAIRMAN<\/a><\/strong><\/p>\n<p>Earlier in the week, White House National Economic Council Director <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/kevin-hassett\/\" target=\"_blank\" rel=\"noreferrer noopener\">Kevin&nbsp;Hassett<\/a> told the <em>Washington Examiner<\/em> he was confident about July&rsquo;s job report after the gross domestic product data drop.<\/p>\n<p>&ldquo;We&rsquo;re expecting that the number that you saw today in the GDP release is about the path of inflation right now,&rdquo;&nbsp;Hassett&nbsp;said Wednesday. &ldquo;We&rsquo;re very bullish on the jobs report because we think that after the &lsquo;big, beautiful bill&rsquo; was passed, that, already, there was a lot of positive momentum. And we think that July is going to be really strong.&rdquo;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2191816\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2191816\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tariffs and &#8216;big, beautiful bill&#8217; to boost labor market: WH<\/p>\n","protected":false},"author":2652,"featured_media":2469651,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/08\/stephen-miran-scaled-1024x683.webp","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[55268,34402,36205,50406,32127],"class_list":["post-2469650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-big-beautiful-bill","tag-economic-policy","tag-labor-market","tag-tariffs-2","tag-white-house"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/08\/stephen-miran-scaled-1024x683.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2469650","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2652"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2469650"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2469650\/revisions"}],"predecessor-version":[{"id":2469654,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2469650\/revisions\/2469654"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2469651"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2469650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2469650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2469650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}