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turbinetree

(26,861 posts)
Fri Aug 1, 2025, 09:40 AM Aug 2025

'Brutal' job report leaves experts reeling: 'Hard to overstate how bad'

By Brad Reed, Common Dreams
Published August 1, 2025 10:29 AM ET

The latest jobs report from the Bureau of Labor Statistics released on Friday showed a significant slowdown in hiring across the economy.

In total, the BLS estimated that a mere 73,000 jobs were added to the U.S. economy in July, which was well below economists' consensus estimate of 117,500 net job gains.

What really made the latest jobs report concerning, however, was the downward revision of previous months' gains, which the BLS described as "larger than normal." The number of jobs added in May was revised downward from 144,000 to 19,000, while the number of jobs added in June was revised downward from 147,000 to 14,000. Taken together, this means that the economy has added an average of just 35,000 jobs per month over the last three months.

https://www.rawstory.com/brutal-job-report-leaves-experts-reeling-hard-to-overestimate-how-bad/

Is it November yet...........for special elections 2025..........mid term 2026 and general 2028...................but this twit administration is spending 200 million on fucking ballroom, planting flag poles on our house ................and refurbishing a plane for his fucking ego............by robbing money from upgrading the missiles sitting in silos ..............slamming people using snap, gutting Medicaid and coming for Medicare and making back door accounts to privatize Social Security.........and only creating 35,000 jobs a month and deporting people just for sadistic pleasure ..............oh yippie 1929 revisited shortly...............

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Wounded Bear

(63,718 posts)
1. Had to figure that the last couple of months were way off...
Fri Aug 1, 2025, 09:42 AM
Aug 2025

No way they were that high after what's been happening under trump.

Lonestarblue

(13,166 posts)
5. Big corporations, like P&G, are now raising prices because of tariffs.
Fri Aug 1, 2025, 09:50 AM
Aug 2025

It’s only a matter of time before inflation takes off again, and when higher operating costs increase for manufacturers importing components and materials, CEOs will protect their bonuses by laying off employees. By the end of the year, we could well be in another serious recession.

newdeal2

(4,659 posts)
6. He really wants those interest rates down
Fri Aug 1, 2025, 09:52 AM
Aug 2025

The hell with workers or anyone who has to pay his tariffs.

turbinetree

(26,861 posts)
8. And if and when those rates come down..................this country is going to be in some serious trouble...........
Fri Aug 1, 2025, 09:58 AM
Aug 2025

bearsfootball516

(6,672 posts)
7. Almost like Trump's admin was cooking the books with the original numbers.
Fri Aug 1, 2025, 09:53 AM
Aug 2025

And the REAL numbers, now that they've come out, show the real story.

FormerOstrich

(2,860 posts)
14. I concur....
Fri Aug 1, 2025, 11:07 AM
Aug 2025

and if I recall correctly ADP had reported much lower numbers than the admin. It was reported then that ADP numbers were off.....I think that is how that was.

Johnny2X2X

(23,657 posts)
9. The blame game
Fri Aug 1, 2025, 10:03 AM
Aug 2025

So we've had 6 months of the Trump economy now, where it was really leftover data from the good Biden economy. Didn't stop Trump from taking credit for Biden's good economy. Well, Trump owns it now, this is the beginning of the results of his tariff nonsense and the mass firing of government workers. Going to be a scary Fall.

Save save save! Do not spend right now, take care of yourself and your family first.

Swede

(38,133 posts)
10. The folks at the bureau of labor statistics are low energy morons that must be fired. As dear leader would say.
Fri Aug 1, 2025, 10:06 AM
Aug 2025

nt

C_U_L8R

(48,732 posts)
12. What kind of shenanigans...
Fri Aug 1, 2025, 10:09 AM
Aug 2025

...made the prior months so incorrect? I smell a stinky Trump.

flvegan

(65,625 posts)
13. But...but...chucking out all them ilLeGalS ICE rounded up
Fri Aug 1, 2025, 10:23 AM
Aug 2025

Should have created and filled like, a billion new jerbs I thought?

What about the desired new child labor force? Doesn't that count? Maybe next jobs report. THEN we'll be back to SO. MUCH. WINNING!!!

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