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General Discussion

Johnny2X2X

(24,439 posts)

3. Yeah, the revisions are stunning

Reply to mahatmakanejeeves (Reply #1)

Fri Aug 1, 2025, 08:41 AM

Aug 2025

Averaging a mere 35,000 new jobs a month over a quarter is just pathetic.

Even before Covid, Trump had a poor jobs record, but that was still 167,000 jobs a month added on average, which is way behind Obama or Biden, but at least was keeping up with population growth.

As old as I am now, the GOP's worker strategy could always be summed up with 2 words, "Cheap Labor." With fewer and fewer jobs to go around, people are going to be taking what they can get to stay employed, the robust wage growth of the Biden era will be the next thing to follow the jobs.

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Highlight:

BLS Jobs Report misses, 73,000 jobs added, UE rises to 4.2%, May June revises way down (-258,000) [View all] Johnny2X2X Aug 2025 OP

BLS is using the headline writer for JOLTS. mahatmakanejeeves Aug 2025 #1

Yeah, the revisions are stunning Johnny2X2X Aug 2025 #3

Before I forget, good morning. NT mahatmakanejeeves Aug 2025 #5

BLS still has reliable numbers, gab13by13 Aug 2025 #2

That's my view too Johnny2X2X Aug 2025 #4

Yes. That's me. Though I technically don't work for BLS, I worked in a state on the Current Employment Statistics Wiz Imp Aug 2025 #11

I think the media is enough in the bag it won't correctly inform the public Johnny2X2X Aug 2025 #12

and if he tries to fuck with it, market numbers will contrast significantly and call it out. There's no hiding this shit themaguffin Aug 2025 #13

Wait until they revise down the 73,000 Prairie Gates Aug 2025 #6

Absolutely terrible numbers. Wiz Imp Aug 2025 #7

Not surprising jonstl08 Aug 2025 #8

What's crazy Johnny2X2X Aug 2025 #9

YEP Cosmocat Aug 2025 #21

De-growth is good news. Ron Green Aug 2025 #10

People losing their jobs is not good news Johnny2X2X Aug 2025 #15

Republicans are for NOT caring for people + making more people + accelerating the destruction of our planet. W_HAMILTON Aug 2025 #16

Markets yell, "Look out below!" Johnny2X2X Aug 2025 #14

Maddow Blog-U.S. job growth turns cold as Trump's agenda takes its toll on the economy LetMyPeopleVote Aug 2025 #17

It's a disaster Johnny2X2X Aug 2025 #18

+1 dalton99a Aug 2025 #20

Kick dalton99a Aug 2025 #19

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