The people “taking the jobs” are going to be liquidated in concentration camps. I’m sure that once they’ve disappeared all 65M Hispanics in the US the economy will be GREAT. Lol. |
The key crosstabs in the ADP report are 47,000 small business jobs lost and 15,000 mid-size business jobs lost offset by a 30,000 job increase at large businesses. Small businesses are the canary in the coal mine, they suffer first and signal what is coming to the larger employers. The job losses are primarily in small businesses that provide professional and business services. |
Awful? There are 330,000,000 people in the country. 33,000 lost their job (probably many of those are government jobs)* . So, 1 in every 10,000 people lost their job. Come back when your hair is on fire. * "Federal government employment continued to decline in May (-22,000) and is down by 59,000 since January. (Employees on paid leave or receiving ongoing severance pay are counted as employed in the establishment survey.)" https://www.bls.gov/news.release/empsit.nr0.htm |
I’m the PP. you are correct, people are speaking out and volunteering and attending protest but it’s not enough. Anyone who disagrees with this regime can do something. Write five postcards a week with Postcards to Voters. Calling reps matters. I keep saying this because there are folks on this thread who will still say it doesn’t matter. It matters. Every action we take matters. |
A lot of this is due to AI and this trend will continue. Unfortunately we’re ruled by a uniparty that doesn’t care about if everyone loses their jobs as long as their corporate donors have a healthier bottom line. |
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First of all, those are only private sector jobs. That mean not government, in case you don’t understand. And if you were expecting a $100,000 bonus, but instead got a $33,000 pay cut, I’m pretty sure you’d think that was an awful outcome. |
These are not government jobs, but private sector jobs. Also? There may be 330 million people in this country, but not all of them are eligible or able to work. For instance, Seventy-four million or 22.3% are under the age of 18 years. |
Your husband is an anecdotal example. It's personal for you. I get it.
Look at the employment numbers in the context of history. It's not bad at all. |
They don’t care. They don’t care the our GDP is down, our dollar is 10% lower (historically it hasn’t been this bad since 1973), or that our trade deficit had widened.
They were literally dying of COVID while denying it. If that doesn’t change someone’s disbelief than nothing will. |
Yes, awful. Anemic job "growth" reports get criticized. This is job "loss". Why do you reflexively defend the orange moron at every step? |
Except this is a completely fabricated economy crash. It isn’t happening because of a bubble or war or general downturn. It is happening because trump is PURPOSEFULLY attacking the economy. He is purposefully attacking research, education, science and government. Not to mention agriculture and hotels by his immigration “controls.” It is different because of its cause. The president is deliberately crashing the economy. That shouldn’t be the case. |
Yes, historically we didn't have interest on the national debt that was a greater expense than the defense budget. You were told again and again that this would happen as the government created more USD out of thin air and devalued the currency. Well, here we are! As I said MANY times here before, the whole reason a currency has value is because of its rarity. The more you create, the less rare it becomes. Now we're in to a problem of too much money chasing too few goods. Welcome to economic reality. <-------------- |
"He is purposefully attacking research, education, science and government." Yes he is. The government is bloated. He needs to attack it more. We're creating or borrowing close to 50 cents of every dollar the government spends. You should have realized that can't go on forever, DUH. |
FYI, as job loss accelerates (i.e., AI and robotics), people will need more help from government, not less. In any event, the Republicans are passing their very own budget that dramatically raises the deficit so they're not committed to debt reduction or have any ideas either. |