This Saturday, Donald Trump will rally supporters in Mosinee, Wisconsin, just one day after the stock market faced its steepest decline since March 2023 due to a disappointing jobs report for August.
Both the S&P 500 and Dow Jones saw significant drops, while the Nasdaq’s decline was the largest since January 2022. Data from the U.S. Labor Department indicated only 142,000 jobs were added in August, falling short of expectations.
Trump, the GOP presidential nominee, is set to take the stage at 2 p.m. ET at the Central Wisconsin Airport. If you can’t attend in person, the rally will be streamed live on the Right Side Broadcasting Network (RSBN) website and on their YouTube channel.
Trump is trailing Democratic nominee Kamala Harris in Wisconsin, a crucial swing state. With the economy on voters’ minds, he is expected to address the latest economic news, particularly the troubling updates from the stock market.
Market analysts are speculating on whether the Federal Reserve might adjust interest rates in light of the latest economic data, which has also raised questions following significant revisions that erased over 800,000 previously reported jobs.
Republicans are seeking to blame Harris for economic issues, tying her to President Biden’s policies known as “Bidenomics.” The August jobs report could provide Trump with compelling arguments for his speech, especially noting that the manufacturing sector lost 24,000 jobs—a key point for many in the industrial Midwest.
The report also revealed a decline of about 1 million jobs among U.S.-born workers, while employment for immigrants increased, raising concerns about the current administration’s immigration policies. This issue resonates with many voters, who tend to prefer Trump’s approach to immigration over Harris’s.
AFP/Getty Images
In related news, a recent incident in Prairie du Chien, Wisconsin, has drawn attention. A 26-year-old Venezuelan named Alejandro Jose Coronel Zarate was detained by ICE following serious allegations of sexual assault. He is alleged to be connected to “Tren de Aragua,” a notorious Venezuelan gang, which has raised security concerns after a viral video showed its members in Colorado.
Zarate is facing multiple charges, including domestic abuse and second-degree sexual assault, highlighting the ongoing issues posed by transnational criminal organizations. As tensions rise, local authorities emphasize the importance of community awareness and safety.
Prairie du Chien is about 200 miles south of Mosinee, where Trump’s rally will take place today.