Showing posts with label Jobs 2025. Show all posts
Showing posts with label Jobs 2025. Show all posts
Thursday, December 25, 2025

It's completely crazy that an entry level ice cream scooper in Brooklyn, New York earns almost as much as an entry level small engine mechanic

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 Fifty cents an hour less. It's as if the weight of wealth accumulation by the top 10% has squished and compressed those beneath them in...
Tuesday, December 23, 2025

Because we can't build them ourselves

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  Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy   Manufacturing capacity utilization was d...
Saturday, December 20, 2025

The unemployment rate at 4.6% in November 2025 can't be right

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 The unemployment rate at 4.6% in November 2025 can't be right with Initial Claims for Unemployment so low, averaging 223k. The January ...
Wednesday, December 17, 2025

The unemployment level is up almost 1 million since January under Donald Trump

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 982k to be exact.  

Manufacturing jobs have contracted by 58k under Trump

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Federal employment is now down 271k since January, almost 9% vs. the 75% promised by Elon Musk

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Employment by state governments is down 47k through November. Employment by local governments is up 130k. That means employment by governmen...

The Trump-Limbaugh dumb ass unemployment rate holds at 37.56% in November 2025

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 103.165 million were eating but not working in November 2025. Many of these people were over 65 and under 20, but I don't make the rule...
Tuesday, December 16, 2025

White House Press Secretary Komrade Karoline lies about foreign born employment, says foreigners took 100% of the jobs under Biden

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 Foreign born employment increased 6.5 million under Joe Biden, Jan 2021-Jan 2025. Native born employment increased 7.5 million. That's ...

Not the Golden Age AT ALL: The percentage of Americans working full time in November 2025 collapsed to 48.82%

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  Eight Novembers under Bush 43  saw 51.6% working full-time on average, and under Bill Clinton  52.0% which today would mean 8.7 million mo...

Speaking of not doing enough, the lazy bums in the Trump administration aren't producing October data because of their ridiculous government shutdown, giving us chart crimes like the one below . . .

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 . . . in which full time employment falls 1.606 million from 135.708 million in September 2025 to 134.102 million in November 2025. What a ...
Friday, December 12, 2025

This was a plausible excuse for the latest Fed rate cut

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 But what it really does is get the meddlesome Trump off their backs, whether jobs are flagging or not. Jobless claims have averaged a very,...
Wednesday, December 3, 2025

Trump's Golden Age of ADP Payroll losses: Biden had only one month of losses, but Trump already has four! MAGA!

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Tuesday, November 25, 2025

Women not in labor force still outnumber men not in labor force 1.4:1 in 3Q2025

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Thursday, November 20, 2025

Donald Trump's Dumb Ass Unemployment Rate for September 2025 was 37.56%, higher than his first term average when he averaged 96.4 million eating but not working

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 The Trump I Dumb Ass Unemployment Rate averaged 37.35% 2017-2020 inclusive. Through three quarters of 2025 an average of 102.67 million are...

Elon Musk's DOGE was all sound and fury, signifying nothing: Federal employment in Sep 2025 is down just 97,000 from January

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Not the greatest economy ever, not by a long shot: Full time jobs in Sep 2025 moved sideways with just 49.48% of the population working at one

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 The data was delayed by the federal government shutdown. The current level is little better than Sep 2016 at 49.08%.    
Wednesday, October 8, 2025

Year to date spot gold is up ~54%

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By comparison, Total Stock Market Index VTSAX is up 14.83% ytd through yesterday. Total Bond Market Index VBTLX is up 6.4%. ... The [gold] r...
Friday, October 3, 2025

In the absence of labor statistics because of the federal government shutdown, here's Initial Claims for Unemployment, not seasonally adjusted, for 48 states, DC, and Puerto Rico through 9/27/25

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  The states continue to collect their data and it gets transmitted to FRED at the St. Louis Federal Reserve Bank for each state. You just...

In the absence of labor statistics because of the federal government shutdown, here's Continued Claims for Unemployment, not seasonally adjusted, for 48 states, DC, and Puerto Rico through 9/20/25

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 The states continue to collect their data and it gets transmitted to FRED at the St. Louis Federal Reserve Bank for each state. You just ha...
Wednesday, October 1, 2025

ADP private payrolls fell 23k in June, 3k in August, and now 32k in September

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The net gain since January now stands at 366k, or slightly fewer than 46k per month. The net gain per month since May has been 46k. The tren...