Japan's right-wing gambling with future of over 100 million Japanese people by clamoring for 'nuclear option': Chinese FM_我的网站
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The number of job openings fell to 8.8 million at the end of July, down from the prior month’s revised 9.1 million in a sign that the economy is downshifting, the Labor Department reported on Tuesday.
The drop brings the number about 2.5 million below the 11.4 million available jobs of a year ago.
Openings fell in professional and business services, down 198,000; health care and social assistance, off by 130,000; and state and local government, including education, where the combined losses totaled 129,000. There was a strong increase in information industry jobs, up by 101,000; and in transportation, warehousing and utilities, where openings increased by 75,000.
“Now it is taking a bit longer for jobseekers to find a job,” said Julia Pollak, chief economist for ZipRecruiter. “There’s meaningful slack in the job market, but it is still a historically tight job market. Overall, I still see the U.S. labor market as understaffed.”
The government will report the monthly jobs number for August on Friday with expectations for a gain of about 168,000 jobs.
“Investors should expect a softening labor report this Friday, further cementing the thesis that the Fed is getting close to finishing its tightening cycle,” said Jeffrey Roach, chief economist at LPL Financial.
Meanwhile, the Conference Board’s consumer confidence index for August found a pullback as Americans grew more concerned about rising prices of gasoline and groceries.
The present situation index – a reading of how consumers assess the current economy – fell to 144.8 from 153.0 in July. The expectations index, a forward-looking measure, declined to 80.2 from July’s bump to 88.
“Consumer confidence fell in August 2023, erasing back-to-back increases in June and July,” saidDana Peterson, chief economist at the business organization. “August’s disappointing headline number reflected dips in both the current conditions and expectations indexes. Write-in responses showed that consumers were once again preoccupied with rising prices in general, and for groceries and gasoline in particular.”
“The pullback in consumer confidence was evident across all age groups – and most notable among consumers with household incomes of $100,000 or more, as well as those earning less than $50,000,” Peterson added. “Confidence held relatively steady for consumers with incomes between $50,000 and $99,999.”
Consumers expected higher interest rates to come, while also lowering their assessment of the probability of a recession.
Also Tuesday, home prices rose 0.9% in June, according to the S&P CoreLogic Case-Shiller index. Prices were unchanged on a year-over-year basis.
"U.S. home prices continued to increase in June 2023," said Craig J. Lazzara, Managing Director at S&P DJI. "Our National Composite rose by 0.9% in June, and it now stands only -0.02% below its all time peak from exactly one year ago. Our 10- and 20-City Composites likewise each gained 0.9% in June 2023, and stand -0.5% and -1.2%, respectively, below their June 2022 peaks.”
"As we've noted previously, the recovery in home prices is broadly based,” Lazzara added. “Prices rose in all 20 cities in June, both before and after seasonal adjustment. Over the last 12 months, 10 cities show positive returns. Otherwise said, half the cities in our sample now sit at all-time high prices.
“Today’s market offers buyers the frustrating combination of low inventory and high home prices,” said Realtor.com economic data analyst Hannah Jones. “Many existing homeowners remain on the sidelines of the market, content to stay put as mortgage rates reach 20-year highs.”
“As a result, home shoppers are seeing fewer existing homes for sale and facing more competition for the homes available,” Jones added. “Builders have started to pick up construction activity to fill this gap, but remain cautious as affordability challenges continue to stifle buyer demand.”
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People holding signs attend a protest rally in front of the National Diet Building in Tokyo, Japan, July 10, 2026. A large number of Japanese citizens gathered in front of the National Diet Building in Tokyo on Friday evening to protest a series of dangerous policies and bills recently promoted by the government of Prime Minister Sanae Takaichi. Photo: XinhuaRecent moves by those running the Japanese government to clamor for "nuclear option" and seek to violate the three non-nuclear principles only reveal Japanese right-wing forces' inflating political and military ambitions, who are gambling with the future of over 100 million Japanese people, Lin Jian, a spokesperson for Chinese Foreign Ministry, said on Friday. Lin made the remarks when asked to comment on a recent survey conducted by the Japan Association for Public Opinion Research showing that 76 percent of people in Japan support upholding the country's three non-nuclear principles of not producing, possessing or allowing nuclear weapons on its territory. The survey also found that 77 percent believe Japan should not pursue nuclear sharing, an arrangement under which the US would station nuclear weapons in Japan. "The fact that nearly 80 percent of people in Japan support upholding the three non-nuclear principles and oppose nuclear sharing speaks to the Japanese public's overwhelming and clear-cut opposition to possessing nuclear weapons. It also reflects how much the Japanese public cherishes peace and prosperity which has not come easy," Lin said. The will of the people must not be defied, Lin said, adding that the Japanese authorities should listen to the call of the people, fulfill its obligation under international law of not accepting, producing, possessing or proliferating nuclear weapons, stop playing with fire on the issue of nuclear weapons, and not repeat the wrong path of miscalculating historical trend and acting against the people's will for peace. Global Times 。
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