Posted on 09/05/2025 5:53:05 AM PDT by Miami Rebel
Unemployment just set a 4 year high, and we lost manufacturing jobs.
With all this “hiring slowdown” and “high unemployment”, it appears as though we can start sending those expensive “slave laborers” and their extended families back home. We don’t need them anymore.
I’m wondering if after a little short term pain (due to the uncertainty related to the tariffs), the manufacturing jobs will come back again with that more gusto (I know being an optimist is frowned upon here).
Wait so illegal aliens WEREN’T doing the jobs Americans didn’t want to do?
In before the upwards adjustment.
The Biden admin had 4 miserable years to ruin the US economy and they certainly did that. Trump has been in for only 7 months and he is expected to have it all running great.
It took Reagan quite a while to repair the Carter years damage and it wasn’t as severe as it is now.
Maybe it can’t be fixed. The other side doesn’t want it fixed.
Maybe voting can no longer repair the mess. You have to all want it and stop the sabotage.
Too late, economy is pretty weak and it needs a rate cut.
It will take at least 12 months for Trump to turn the economy, perhaps 16months or so and we need rate cuts now.
“The Biden admin had 4 miserable years to ruin the US economy and they certainly did that. Trump has been in for only 7 months and he is expected to have it all running great.”
Except that’s what was hyped in the Presidential campaign.
GDP rose to 3.3%. High average.
70 years of terrible industrial policy will take more than a quarter to correct.
Folks, do yourselves a favor and go to the source...
https://www.bls.gov/news.release/empsit.nr0.htm
As for why Derp State is having a cow...
“Federal government employment continued to decline in August (-15,000) and is down by 97,000
since reaching a peak in January. “
But since social services hiring is up by a similar that amount, looks like state and local governments may be going on a hiring spree...
It would be interesting if statistics could be broken down:
Number of jobs filled by US Citizens increased by x,000.
Number of jobs filled by Non-Citizens increased by y,000.
Manufacturing: There have been announcements of new manufacturing. The announcements seem to be for new jobs in the future. Rivian in GA is a good example...Manufacturing jobs always seem to move out 6 more months in the future.
But manufacturing closings are always in the present and not the future. That makes bringing the two together difficult.
Check wage growth country is doing just fine
Why should Trump talk down the economy when he has globalist TDS keyboard monkeys like you?
12,000 manufacturing jobs were lost.
“””In before the upwards adjustment.”””
These job numbers have always been a fantasy. Scientific wild ass guess at best.
The bond market loves the tariffs. Pay attention to real economic indicators and not the talking heads who aren’t knowledgeable.
Labor statistics are rear-view. Promises of new jobs (some of which will never materialize) are great, but they don’t guide Fed policy.
Bond rates are softening today due to job weakness. As I said earlier in the week, I’m long TLT (the 20-yeaar Treasury ETF), and of course GLD is extending its rally based on the anticipation of rate cuts.
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