Today's Top Stories From the Breitbart News Desk

The U.S. economy added a net 850,000 non-farm payroll jobs in June. This was better than expected and a welcome relief after disappointing reports for May and April. Investors celebrated the results by sending stocks to record highs.

This is a testament to the wisdom of pro-jobs policies in Republican-led states. One of the biggest divides in the U.S. economy right now is between states that have opted out of the federal government's enhanced unemployment benefits program and states that have decided to keep in going. Around half the states, all led by Republican governors, have opted out. And while it will be a few months before the decisive state-by-state data come in, the early indicators are all supportive of the early enders.

One of those early indicators in the June jobs report was the number of people counted as unemployed because they have recently re-entered the workforce. This is a category of people who had been employed in the past, lost their jobs, stopped looking for work, and now have decided to rejoin the ranks of the working. That's a pretty great proxy for people who had been priced out of the labor market by the extra $300 per week. This group expanded by 149,000 in June. That’s the third-largest ever June expansion of reentrants, exceeded by 2003 and 1968.

The better-than-expected jobs report makes it harder for the Biden administration to push its "infrastructure plan." One of the selling points of that plan was that it would create a million jobs. Well, we're doing nearly that many without launching a huge government program. And next month may see an excess of a million jobs added as the end of enhanced unemployment benefits drives even more Americans back into the workforce.

Happy Independence Day!

– Alex Marlow & John Carney
Breitbart News Network