This augurs well for rate cuts.
Window dressing for Camel A. Hairass being undone…
Stagflation:
AI, Stagflation is an economic condition characterized by the simultaneous occurrence of high inflation, stagnant economic growth, and high unemployment. It presents a challenging scenario for policymakers, as traditional measures to combat one issue can worsen the others
More.
https://www.investopedia.com/terms/s/stagflation.asp
Waiting for Trump to fire the current BLS head. Well, he needs to be consistant. These are bad numbers too.
Hopefully all of them.
Numbers prior to March 2025 are Biden numbers. Recall that Trump didn’t take office until January 20, 2025.
Trump is not a miracle worker worker, It takes time to adjust & change the course if an economy that was totally run into the ground. The Fed does their own thing, and they usually work in a weaponized manner.
911,000 illegals out of jobs ,to be replaced by American workers.
Rate cuts coming and employment is a lagging indicator. It peaks at the end of downturns. Jeremy Seigel has it right: We’ve just been through what’s called a “rolling recession” and it’s ending now.
Next month they’ll revise them up a million and inflation will come in a 2% for the month.
And i think the deep state is just messing with Trump. I wouldn’t believe any of the numbers. Ask IRS for W2 and 1099 filings and get a read from ADP.
It feels like it’s impossible for me to get a better job. Currently stuck in a dead end security working part time hours during summer, full time during winter making a paltry $18 an hour. I’m worth a hell of a lot more than that BS. I send out applications almost every single day, and barely get a screening call.
The good news: The job growth is down because, unlike the Biden Administration, Trump isn’t adding 45,000 new gov’t employees every month.
That’s a big number
So they were juicing the numbers throughout 2024. Why am I not shocked?