Maddow Blog-U.S. job growth turns cold as Trump's agenda takes its toll on the economy

[LetMyPeopleVote]

The question for the White House is simple: “If Trump has created a ‘hot’ economy, why has American job growth slowed to a 16-year low?”

How weak is the job market? Excluding the pandemic, Americans haven’t seen employment numbers this bad since 2009 — during the Great Recession.

The question for the White House is simple: “If Trump has created a ‘hot’ economy, why has American job growth slowed to a 16-year low?”

— Steve Benen (@stevebenen.com) 2025-08-01T13:38:22.471Z

https://www.msnbc.com/rachel-maddow-show/maddowblog/us-job-growth-turns-cold-trumps-agenda-takes-toll-economy-rcna222448

Expectations heading into this week showed projections of about 100,000 new jobs having been added in the United States in July. As it turns out, according to the new report from the Bureau of Labor Statistics, the totals fell short of those expectations. CNBC News reported:

Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for the U.S. labor market. Job growth totaled 73,000 for the month, above the June total of 14,000 but below even the meager Dow Jones estimate for a gain of 100,000.

While the data from July was discouraging, far more important were the drastic revisions from May and June — which were down by a combined 258,000 jobs, compared with earlier, preliminary reporting.

Indeed, according to the revisions, the U.S. economy created just 33,000 jobs combined over May and June, which is a woeful total for an economy that Donald Trump and his Republican cohorts have incessantly described as “hot” in recent weeks.

Over the first seven months of 2025, the latest data suggests the economy has added 597,000 jobs. That might sound like a decent number, but over the first seven months of 2024 — when Trump said the economy was terrible — the total was over 1 million jobs, and over the first seven months of 2023, the U.S. economy added nearly 1.7 million jobs.....

Indeed, the question the president and his team ought to face is simple: “If Trump has created a ‘hot’ economy, why has American job growth slowed to a 16-year low?”

[LetMyPeopleVote]

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

This is a horrible jobs report

'Brutal' job report leaves experts reeling: 'Hard to overstate how bad' --- the tRUMP administration & the Republican party = Complete & UTTER FAILURE & they're all evil small little men who bent over for a dumb as a rock bully...

— ladyracer71.bsky.social (@ladyracer71.bsky.social) 2025-08-01T14:58:48.019Z

Link to tweet

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

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.....

Market analyst Adam Crisafulli, the founder of Vital Knowledge Media, shared Long's view that the Federal Reserve would likely start cutting rates soon and he even believed that the Fed would have cut rates starting this week had it known about the weakness of the labor market.

"Hard to overstate how bad this jobs report was," he commented on X......

Jessica Fulton, a senior fellow at the Joint Center for Political and Economic Studies, argued that the slowdown in hiring, combined with the increased costs consumers are facing thanks to U.S. President Donald Trump's tariffs, are putting American workers in a very tight squeeze.

"The economy continues to show signs of weakening even as the White House pushes policies that will raise costs and make it harder for families to make ends meet," she said. "Labor market cracks that showed up for Black women earlier this year are beginning to expand, with Black male unemployment reaching 7% this month. Black workers are often laid off first when the economy slows down."