Trump 47 Economy
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Anonymous
I see you have no actual response to the undisputed fact that the government is no longer collecting the same data it did a year ago. |
Anonymous
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More job cuts and losses in 2025 than all of 2024. We are only a little over halfway through 2025. It’s gonna get worse.
https://www.forbes.com/sites/maryroeloffs/2025/07/31/2025-job-cuts-have-already-surpassed-all-of-2024-doge-ai-and-tariffs-are-biggest-causes/ |
Anonymous
And corporate profits will still go up because less labor costs + AI productivity are going to accelerate profits. Unless government makes regulations stating that companies cannot replace employees with AI, which neither party would do, this is going to accelerate very fast and ruin this country. |
Anonymous
I recently had some brick work done. The mason was so thankful b/c business is down significantly. Who do they think pays these folks? |
Anonymous
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yikes
The US economy added 73,000 jobs in July, while previous months were revised sharply downwards, fuelling concerns of a cool-down in the American labor market. https://www.ft.com/content/08865eec-d5ba-4b21-92e4-700631c1c00b |
Anonymous
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https://bsky.app/profile/atrupar.com/post/3lvdnz4c2q42d
Maria Bartiromo and company react with stunned silence to a "disappointing" jobs report showing only 73,000 jobs were created in July even fox... |
Anonymous
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Biden’s job report in July 2024 was 114,000 new jobs added and they trashed him for it.
And the downward revision fro previous months is the bigger story. |
Anonymous
Check the Biden era downward revisions. Rinse and repeat. |
Anonymous
Biden had both upward and downward revisions based on facts. Trump has only had downward revisions, and I am guessing the numbers are actually worse than being reported. |
Anonymous
Ask recent college grads what the job market is like. It's hopeless out there. |
Anonymous
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B. RILEY, on jobs:
“.. unambiguously soft and a reflection of the trade and tariff impact on economic growth. .. The three-month average coming to today’s report was 150 thousand. The new three-month average of job creation is now 80 thousand. Not great news.” The three month average is only 80k if you use the incorrect May/June numbers. BLS just revised May/June down to 19k/14k The real 3-month average is 35k. We are about in recession/depression mode. |
Anonymous
+1 60% of Class of 2024 grads still do not have their first job. The running average for this statistic is 25%. Add to it all of the layoffs in tech, consulting and government and the numbers get worse. |
Anonymous
And these are the same people who criticized Biden when the job numbers were 114k in June 2024. |
Anonymous
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WOOF today’s jobs report
“The US economy added just 73,000 jobs last month, and the monthly totals for May and June were revised down by 258,000 jobs, to 19,000 and 14,000, respectively, according to data released Friday from the Bureau of Labor Statistics. With those monumental revisions, job growth in June was the weakest in more than four years.” |
Anonymous
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"Driving the news: Employers added 73,000 jobs to their payrolls last month, the Labor Department said Friday..
The unemployment rate was 4.2%, compared with 4.1% in June. Threat level: The Labor Department announced massive downward revisions for job growth in May and June, changes they characterized as "larger than normal." The economy added just 19,000 in May, not the 144,000 the government initially reported. June job gains were revised down to 14,000, from the 147,000 first estimated. Taken together, employment over the prior two months is 258,000 lower than previously reported." https://www.axios.com/2025/08/01/jobs-report-july-unemployment |