Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

SamuelAdams

(455 posts)
2. Anytime the jobs number fell to 200,000 or less under Biden, a recession was coming.
Thu Jul 2, 2026, 09:38 AM
Jul 2

Now 114,000 is a "strong performance" and "robust." There were 74,000 less jobs in April and May through downward revisions. That means we have 17,000 less jobs after this report than before it. So far through his second term, 90% of jobs habe gone to women, 642,000 versus 74,000; all net job creation is in healthcare and social assistance while the rest of the economy has lost jobs, +945,900 versus -229,900; and 75,000 of those job losses have come in manufacturing. So much for Trump's tariffs causing a manufacturing jobs boom.

Recommendations

3 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Hiring worse than expecte...»Reply #2