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In reply to the discussion: U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower [View all]
progree
(12,713 posts)98. The black unemployment rate (7.2%) is the worst since the pandemic-era October 2021
It was 6.2% in January. Latest (July) : 7.2%. That's quite a climb in just 6 months.
https://data.bls.gov/timeseries/LNS14000006
Didn't Trump ask Black people, during his campaign, "What have you got to lose"?
Many more links: https://www.democraticunderground.com/10143505265#post17
(above, in this thread)
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U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower [View all]
BumRushDaShow
Aug 2025
OP
The updated article noted the reported "147,000" job increase last month was revised down and was actually "19,000"
BumRushDaShow
Aug 2025
#3
tRump and WH do not "put out" the BLS numbers. Revisions have been frequent for decades. . . . nt
Bernardo de La Paz
Aug 2025
#44
You do know that tRUMP is going to drive out the neutral bean counters at the BLS?
wolfie001
Aug 2025
#78
He's going to try (viz. firing chief of BLS today, after I wrote). We haven't seen the business world react yet. . . nt
Bernardo de La Paz
Aug 2025
#79
You're always measured in your responses and very intelligent and level-headed
wolfie001
Aug 2025
#80
Thank you for your kind words. Mass action is in our hands. I too am hoping for a Blue Storm Surge 2026. . . nt
Bernardo de La Paz
Aug 2025
#81
No, we don't need so-and-so numbers to keep up with population growth because we don't know population growth.
mathematic
Aug 2025
#14
It is true that nearly 1 in 5 workers in the US labor force is foreign born. The irony with the immigration wedge
PatrickforB
Aug 2025
#28
The US does need population growth for a while to deal with and care for the retiring boomer cohort
Bernardo de La Paz
Aug 2025
#45
No "just" about it. BLS is professional and no toadies parachuted in. You have NO evidence. . . . nt
Bernardo de La Paz
Aug 2025
#46
I was thinking about this this morning. Cuts in Medicare, ACA, and food programs
underpants
Aug 2025
#29
The massive cuts to Medicaid now will drastically degrade the level of care for Medicare as a secondary effect.
Hugin
Aug 2025
#36
Those cuts only kick in after the 2026 midterms, by craven design of the magabots in Congress who think they are smart.n
Bernardo de La Paz
Aug 2025
#47
I wonder where are all the college and high school jobs that always occurred during the summer?
LiberalArkie
Aug 2025
#56
Correct. There's over 150,000 Federal workers who took the deferred resignation option.
Wiz Imp
Aug 2025
#8
We are now seeing definite signs of stagflation, as feared. . . . . nt
Bernardo de La Paz
Aug 2025
#9
This right here is bad bad as I understand it. The worst type of economic downturn
Cheezoholic
Aug 2025
#23
Stagflation comes from supply shocks. Tariff taxes are a supply shock. Labour deportations are a supply shock.
Bernardo de La Paz
Aug 2025
#25
"above the June total of 14,000" - they neglect to say that that was revised down from 147,000
Prairie Gates
Aug 2025
#10
Powell said on wednesday that lowered immigration was resulting in lower workforce size (growth)
mathematic
Aug 2025
#11
No, not really. 2021 had nearly all positive revisions. 22, 23, 24 had more negative revisions than positive
mathematic
Aug 2025
#39
Monthly revisions are almost always fairly modest. When the revisions become significant, it usually
Wiz Imp
Aug 2025
#43
You can't really tell that by the chart since it doesn't track monthly revisions.
Wiz Imp
Aug 2025
#64
Wisdom of the Ancients: If circles and arrows have to be drawn on a chart for you to find...
Hugin
Aug 2025
#21
Trump's tariffs, anti-immigration agenda and disrespect to other nations will break the American economy.
Doodley
Aug 2025
#31
Ughh, look at the headlines at finance.yahoo.com. And S&P 500 down 1.6% 1136 AM ET
progree
Aug 2025
#50
Maddow Blog-U.S. job growth turns cold as Trump's agenda takes its toll on the economy
LetMyPeopleVote
Aug 2025
#51
ADP is only counting "private sector" jobs (using their payroll subscribers as the survey source)
BumRushDaShow
Aug 2025
#61
'Brutal' job report leaves experts reeling: 'Hard to overstate how bad'
LetMyPeopleVote
Aug 2025
#53
President Trump says he will fire BLS commissioner after July jobs report disappoints
progree
Aug 2025
#63
Yeah, I figured. As soon as I saw my yellow "My Posts" light lit up, I immediately thought, ruh roh,
progree
Aug 2025
#68
Not only do they do these "First Friday" job numbers, they do CPI and PPI (wholesale) inflation, Productivity,
progree
Aug 2025
#71
"Kugler resignated posted about 15 minutes before your post" - yeah I figured that, but thought
progree
Aug 2025
#74
Thanks :) Yes, I run into that all the time, and do the same thing usually -- stick in a space
progree
Aug 2025
#85
I wish they'd give us a choice about using AI, but no, every time I do a Google search
progree
Aug 2025
#89
Yes, it would be nice not to have AI fill up half the first page. Mostly what I'm trying to do is prevent the AI search
progree
Aug 2025
#96
Checking against private sources sounds smart, but warning: they normally vary a great deal from the BLS numbers
progree
Aug 2025
#97
The black unemployment rate (7.2%) is the worst since the pandemic-era October 2021
progree
Aug 2025
#98