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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump says it will take a year for a jobs report that doesn't cast him as an incompetent stumblef*ck
Trump Fired An Official Over A Weak Jobs Report. Another Brutal One Just Came Out.Trump's trade wars have created an atmosphere of economic anxiety.
PAUL WISEMAN
https://www.huffpost.com/entry/ap-us-economy-jobs-report_n_68bad96ce4b0acb9ffeba7a7
WASHINGTON (AP) U.S. employers added just 22,000 jobs last month as the labor market continued to cool under uncertainty over President Donald Trumps economic policies.
The Labor Department said Friday that hiring decelerated from 79,000 in July. The unemployment rate ticked up to 4.3%, also worse than expected and the highest level since 2021, the Labor Department reported Friday.
When the department put out a disappointing jobs report a month ago, an enraged President Donald Trump responded by firing the economist in charge of compiling the numbers and nominating a loyalist to replace her.
Talking to reporters Thursday night at a dinner with wealthy tech executives, Trump had seemed to shrug off whatever hiring numbers would come out Friday. The real numbers that Im talking about are going to be whatever it is, but will be in a year from now, the president said.

BOSSHOG
(43,640 posts)Numbers that Im talking about. Hey thats all we need to know. Trust him. The great conservative mind loved by stupid people.
underpants
(192,670 posts)Damn, 22,000?
yonder
(10,124 posts)ananda
(32,980 posts)His minions cannot hide the damage any more.
Too fuckn bad.
Speculation on the regime's motives for its determination to sabotage the economy and destroy every institution and mechanism through which the will of the American people is measured or manifested here:
https://www.democraticunderground.com/100220613177
pat_k
(11,617 posts)federal workers who took the "it's not a buyout" buyout hit the books.
Those people are technically "employed" 'til 9/30, so the Oct report released in early Nov will likely reflect the largest contraction in jobs seen since I don't know when.
Of course, if they confirm his BLS pick, all we'll probably see is a pack of lies that no sane investor, analyst, or business leader would believe.
pat_k
(11,617 posts)AI summary:
The U.S. Bureau of Labor Statistics revised its June jobs report to show a loss of 13,000 jobs, marking the first time the economy has shed jobs in a single month since December 2020. Initially reported as an increase of 14,000 jobs, the June figures were revised downward due to late responses from some industries, especially public schools, and routine recalculations of seasonal factors. This negative revision was part of a significant slowdown in job growth that also includes just 22,000 jobs added in August, pushing the unemployment rate to 4.3%, its highest level since 2021.
MineralMan
(149,709 posts)That I can believe.