Labor Market Burns as GOP Pours Gasoline On It

[Yo_Mama_Been_Loggin]

Republicans and Wall Street pundits were touting the increase in non-farm payroll figures while the GOP-led House approved the Senate version of the Big Beautiful Bill Act that will add $3.3 trillion to the U.S. debt. But the real story behind the labor market data paints a very ugly picture of what’s really going on with the American worker.

There’s a sinkhole opening up in the labor market being masked by demographic reporting metrics, stock market performance and the recently released payroll figures.

The release of extremely mediocre but “better-than-expected” non-farm payroll numbers had everyone in the GOP in a pretty good mood, especially you know who…

Treasury Secretary Bessent took to the airwaves to crow about the possibility of 3% growth in the back of 2025, which would be the most stunning turn of events ever considering the first quarter GDP figures were revised downward to -.5%.

https://www.meidasplus.com/p/labor-market-burns-as-gop-pours-gasoline

[edhopper]

1. Powell predicts stagflation

with negative GDP this year.

[SheltieLover]

3. And the kremlin cheers

[Bluestocking]

2. So we at the cusp of really bad times

[Wiz Imp]

4. Bessent is one of the stupidest people on earth

3% growth this year? They'll be lucky to generate 3% growth over a full 4 year period.

[Wiz Imp]

5. A comparison

Fox News Headline on a 142,000 job gain in August 2024.

Business Rundown: Weak Jobs Report Reveals “Underlying Weakness In The Economy”

Fox Business’ Kelly O’Grady spoke with FOX Business White House correspondent about why the slowdown in hiring is a problem for the Fed, why recession fears and big market selloffs persist

https://radio.foxnews.com/2024/09/06/business-rundown-weak-jobs-report-reveals-underlying-weakness-in-the-economy/

Fox News Headline on a 139,000 job gain in May 2025.

Business Rundown: Why Those Recession Fears May Be Overblown

Nancy Tengler, the Chief Executive Officer and Chief Investment Officer of Laffer Tengler Investments, joins host Gerri Willis to dig deep into the numbers and explain why the report suggests a recession isn’t happening any time soon.

https://radio.foxnews.com/2025/06/06/business-rundown-why-those-recession-fears-may-be-overblown/