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US posts worst jobs report since 2020


Morphine Prince

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Morphine Prince

CNN — The US job market slowed substantially in July and was much weaker than first estimated for prior months, suggesting President Donald Trump’s trade policy may be stifling hiring.

The US economy added just 73,000 jobs last month, and the monthly totals for May and June were revised down by a combined 258,000 jobs.

The prior two months’ revisions were “stunning,” said Diane Swonk, chief economist at KPMG, in an interview with CNN.

May’s estimated 144,000 net gain was revised down by 125,000 to 19,000; and June’s preliminary tally of 147,000 was slashed by 133,000 to 14,000, according to data released Friday from the Bureau of Labor Statistics.

“It’s stalling out right now,” Swonk said of the labor market.

With those monumental revisions, the meager job gains in June were the weakest since December 2020, the last time the labor market had monthly job losses. The pace of job creation seen so far this year is the weakest in decades, outside of recessions.

“This is absolutely the worst major economic report since the end of the pandemic era,” Joe Brusuelas, chief economist at RSM US, wrote to CNN via email.

Source: https://amp.cnn.com/cnn/2025/08/01/economy/us-jobs-report-july

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AsleepOnTheCeiling

Who would have thought that the same president would deliver the same results he's brought the last term he was in office? I'm shocked. It's starting to feel like maybe a 34 time felon doesn't know trade or economic policy, and all we had to look at was his history of bankruptcies. I hate to admit it, but we should possibly look at not being racist, fascist, or white supremacists in order to move forward with the country. 

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Bronco

Fake news *stupid hand gestures*

Can't wait for Trump to blame it on Epstein stealing underage slaves from Mar A Lago

The gays know how to party
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HotLikeMexico
3 minutes ago, Bronco said:

Fake news *stupid hand gestures*

Can't wait for Trump to blame it on Epstein stealing underage slaves from Mar A Lago

Blaming everybody else but himself. 

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Lord Mayhem

Imma be real yall...I've been out of work since Feb 2022...my ex-boss decided to fire me on Valentines Day :fthis:

I've had several job offers fall through due to hiring freezes and bat & switch tactics :triggered:

I went back to school...got my Bachelors in Marketing...was chosen for a competitive internship learning emerging AI marketing tools...and apply EVERY DAY NON-STOP :messga:

Im honestly at a loss for words when I hear dumb people like Trump say the economy is booming like never before and unemployment is the lowest its ever been in the history of this country like never before :saladga:

im tired and thinking about just starting my own business...:icega:

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AsleepOnTheCeiling
58 minutes ago, Bronco said:

Fake news *stupid hand gestures*

Can't wait for Trump to blame it on Epstein stealing underage slaves from Mar A Lago

It's actually Obama's fault

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PartySick

It's ok, employment will skyrocket when all the patriots take the vacant jobs left by all the immigrants that were kidna- I mean, brought to justice

Whimsical bitch
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27monster27

A worse job market than in the worst parts of a global pandemic. :rip:

The MAGA cult will still support him because of trans people and immigrants. DEPROGRAM THEM.

he/him/his
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Hadrian

I'm absolutely gobsmacked as to why.

Donald Trump GIF

rosetta stone is rolling in her grave rn 🙏🥀🥀
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Lextyr97

Obviously I’m not happy about this, but god is it satisfying for it to be proven how god awful that pedophile is

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Morphine Prince

President Donald Trump on Friday ordered the firing of the head of the Bureau of Labor Statistics, hours after a stunning government report showed that hiring had slowed down significantly over the past three months.

Source: https://www.nbcnews.com/news/amp/rcna222531

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ThisGuyTony
2 minutes ago, Morphine Prince said:

President Donald Trump on Friday ordered the firing of the head of the Bureau of Labor Statistics, hours after a stunning government report showed that hiring had slowed down significantly over the past three months.

Source: https://www.nbcnews.com/news/amp/rcna222531

Lord help us :rip: 

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