Another Big And 'Unexpected' Jobs Report Revision

[SassyIrishLass]

The economy started sputtering when captains of industry said “oh shit” and stopped hiring and investing in Late February and March when Trump started his Tariff wars. It started to unwind all the work done to get the economy to be the strongest in the world.

Now we are seeing how immediate companies cut back investment and hiring was. The prices come later. The damage was done as soon as he chose violence on capitalism.

Unadulterated BS

 

[Blisterfinger]

Holy crap.

Unfortunately, many predicted this when the tariff circus began. Don't do it. This will cost American businesses too much and destroy global supply chains. Again.

Trump started his term with the "soft landing". And now, this.

Your soft Landing was imaginary.

 

[citygator]

You have nothing to verify that claim. I won't entertain it unless you do.

Sure I do. As you can see from the attached, hiring plummeted from March forward.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-09-2025?st=Lq29uN&reflink=article_copyURL_share

 

[leftwinger]

Poor "ole Mac" pulling his man bun in desperation

He's been foaming at the mouth to show "tariffs never work" and America will collapse.

But Cheese never answered why one-way foreign tariffs or roadblocks to USA goods are a good thing?

See Mac&Cheese runny....run.

 

[Mac1958]

Sure I do. As you can see from the attached, hiring plummeted from March forward.

As predicted.

 

[SassyIrishLass]

He's been foaming at the mouth to show "tariffs never work" and America will collapse.

But Cheese never answered why one-way foreign tariffs or roadblocks to USA goods are a good thing?

See Mac&Cheese runny....run.

He's just nonsense and gets all pissed off when people don't buy into his BS

 

[HikerGuy83]

So that 7% inflation in 2021, you blamed on the Trump economy, right?

Sure....whatever floats your boat.

 

[Marener]

But Cheese never answered why one-way foreign tariffs or roadblocks to USA goods are a good thing?

Global tariffs have generally been quite low. The entire world has been reducing tariffs consistently in the post war era.

 

[HikerGuy83]

Sure I do. As you can see from the attached, hiring plummeted from March forward.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-09-2025?st=Lq29uN&reflink=article_copyURL_share

Can anyone show me where this article shows anything other than job formation was lied about to the tune of almost 1,000,000 jobs prior to March 2025 (a time frame that ended five months ago)?

 

[SassyIrishLass]

Can anyone show me where this article shows anything other than job formation was lied about to the tune of almost 1,000,000 jobs prior to March 2025 (a time frame that ended five months ago)?

No. Lol

 

[Zincwarrior]

Shocking, just -- Shocking that a certain Party would politicize Jobs Reports.

Shocking. Just.......... Shocking I tell you.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-09-2025/card/the-bls-is-poised-to-revise-its-jobs-data-what-to-know--mzok7VdFDazNWxNuxR8w?mod=lctimeline_finance

A reassessment of recent jobs data came out this morning, showing the U.S. added 911,000 fewer jobs than previously thought over the 12 months that ended in March. That larger-than-expected figure will likely feed into the broader debate about labor-market weakness and the reliability of U.S. economic statistics. Here's what to know:
The report is for the year from April 2024 to March 2025—meaning it mostly covers the end of the Biden administration.

It shows a big markdown in jobs added—911,000, according to the Bureau of Labor Statistics. ANZ economists had projected the downward revision would be 600,000 to 900,000 roles.

In a weekend interview, Treasury Secretary Scott Bessent said the downward revision could total up to 800,000 jobs.

For comparison, data had suggested the economy added about 1.76 million jobs in the 12 months through March.

The Bureau of Labor Statistics report released at 10 a.m. ET used more comprehensive state unemployment-tax data.

Tuesday's estimates are preliminary. Final 2023-24 data, issued in February, cut that year's tally by 598,000 jobs, not adjusting for seasonal swings.

This is not the good argument you think it is.

 

[TemplarKormac]

Sure I do. As you can see from the attached, hiring plummeted from March forward.

https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-09-09-2025?st=Lq29uN&reflink=article_copyURL_share

The jobs revisions started in April of last year.

You haven't the slightest idea what you're discussing.

 

[BlindBoo]

Sure....whatever floats your boat.

You understand that was in response to ...

Its still the Biden economy until one year after hes gone

What's good for the goose is good for the gander.

 

[citygator]

He's been foaming at the mouth to show "tariffs never work" and America will collapse.

But Cheese never answered why one-way foreign tariffs or roadblocks to USA goods are a good thing?

See Mac&Cheese runny....run.

He's just nonsense and gets all pissed off when people don't buy into his BS

Are either of you actually in business? I have $20M shipping from India in October. It went up to $24M with the first wave of tariffs. I got the producers to eat half so it went down to $22M. Then the next wave has them up at $26M - producers dont have anymore assistance. It $4M that I will put into our products which companies will buy and pass on to you. Since it costs more you will buy less so we will sell less and everyone is worse off. Exactly how did that help America?

 

[SassyIrishLass]

Are either of you actually in business? I have $20M shipping from India in October. It went up to $24M with the first wave of tariffs. I got the producers to eat half so it went down to $22M. Then the next wave has them up at $26M - producers dont have anymore assistance. It $4M that I will put into our products which companies will buy and pass on to you. Since it costs more you will buy less so we will sell less and everyone is worse off. Exactly how did that help America?

Ooooh an internet tycoon!!!!!

 

[HikerGuy83]

You understand that was in response to ...



What's good for the goose is good for the gander.

Yes.

 

[HikerGuy83]

Are either of you actually in business? I have $20M shipping from India in October. It went up to $24M with the first wave of tariffs. I got the producers to eat half so it went down to $22M. Then the next wave has them up at $26M - producers dont have anymore assistance. It $4M that I will put into our products which companies will buy and pass on to you. Since it costs more you will buy less so we will sell less and everyone is worse off. Exactly how did that help America?

Hmmmm........

Why did they raise prices?

 

[citygator]

Ooooh an internet tycoon!!!!!

Not my money. It’s the company I work for. Shit a 26 year old buyer of towels at Walmart probably Has $100M shipping in October from India.

 

[Mac1958]

Are either of you actually in business? I have $20M shipping from India in October. It went up to $24M with the first wave of tariffs. I got the producers to eat half so it went down to $22M. Then the next wave has them up at $26M - producers dont have anymore assistance. It $4M that I will put into our products which companies will buy and pass on to you. Since it costs more you will buy less so we will sell less and everyone is worse off. Exactly how did that help America?

I don't argue with a mechanic on how to rebuild a transmission, I don't argue with a computer programmer on how to write code, and I don't argue with a florist on how to plant daisies. My knowledge in those areas is VERY limited, to say the least.

But here, Trumpsters can argue with people with decades of business/financial experience because they watch Tucker Carlson.

It's my own fault for engaging with them.

 

[citygator]

Hmmmm........

Why did they raise prices?

They didnt. They cut prices and I still paid more. The way tariffs work is that I have to pay the federal government the tariff to get my goods from customs.