BREAKING: August Jobs Report a Total Failure

[Sauce Mane]

The job market has been shyt since 2023.

In 2021 it was easy to get a job. So easy that people were ghosting jobs. Tech industry was over hiring.

But in 2022, companies who were constantly understaffed, adapted and learned to operate with less people. Tech companies started correcting over hiring.

And now companies have still learned to operate with minimum staff because productivity is basically the same. AI emerged as Al alternative to hiring junior devs in tech.

And the cherry on top, is social media. A lot of people began monetizing it which means less people are applying for jobs. Companies have adapted to that as well.

The Fed really didn’t know how to deal with the pandemic or the aftermath either.

Sadly this economy is in danger of becoming the new norm at this point, unless there is a philosophical shift.

I think another big thing was the fed cut interest rate in 2020-2021, which allowed companies to go on spending spree and that increased hiring drastically but then rates went up and hiring slowed down

 

[RickyDiBiase]

She tried to tell people what was gonna happen, but, hey, Americans get what we got coming to us.

 

[ThatTruth777]

republicans don't' know how to do shyt right man except steal and grift

 

[Piff Perkins]

BTW looking at those high black unemployment numbers....when will people admit the immigration crackdown had zero impact on black income, wealth, or employment. Our unemployment actually rose instead. You know who has risen even more? Young people. Both groups were told that fewer immigrants/illegals/etc would increase jobs for them and revitalize communities. Not happening.

 

[Ozymandeas]

I said by thanksgiving we are cooked

Its coming cold season as well and RFK already torched the CDC

So no jobs and you sick

Death certificates on the rise

But Kamala didn't become President and that's all that matters

 

[barese]

BTW looking at those high black unemployment numbers....when will people admit the immigration crackdown had zero impact on black income, wealth, or employment. Our unemployment actually rose instead. You know who has risen even more? Young people. Both groups were told that fewer immigrants/illegals/etc would increase jobs for them and revitalize communities. Not happening.

Immigration seems to be increasing the economy, increasing the pie...

 

[Samori Toure]

We are just now at the beginning of this fugged up cycle, because we are sitting on top of a massive debt bubble and Trump's retarded ass policies like tariffs, resuming student loans, putting medical debt on credit reports, permanent tax cuts, open corruption and pushing cheap money has America on the verge of hyper inflation and massive wide spread unemployment. He is a fool and he doesn't know what he is saying or doing.

As I have always stated I am just patiently waiting for the inevitable implosion of the economy. It is only when shyt totally collapses that some shyt will change.

 

[Bboystyle]

Fed rate cuts coming means more money to make in stocks

 

[DrexlersFade]

Why is anyone surprised Republicans never create jobs my god this country is so fukking stupid.

 

[O.T.I.S.]

Well no shyt

I wonder if he’s going to fire that person next

 

[Neuromancer]

.

 

[Neuromancer]

This is quite scary

 

[King Harlem]

Destroy a thriving economy because Kamala wasn't likable....

It's worse than that. Destroy a thriving democracy because you're racist.

 

[RickyDiBiase]

It's worse than that. Destroy a thriving democracy because you're racist.

as bad as 2016 and 2000 were, 2024is flat out inexcusable.

BTW looking at those high black unemployment numbers....when will people admit the immigration crackdown had zero impact on black income, wealth, or employment. Our unemployment actually rose instead. You know who has risen even more? Young people. Both groups were told that fewer immigrants/illegals/etc would increase jobs for them and revitalize communities. Not happening.

and the fanta Fuehrer and his lapdogs cutting Job Corps is not gonna help in the slightest.

This is quite scary

it was around 20% or more for black folks under Reagan.

 

[Premeditated]

Wait til secular talk sees these numbers.