Economy added 73,000 jobs in July, as employers grapple with uncertainty

[Synthaholic]

And Trump's reckless tariffs haven't even hit yet.

Buckle up America, we're in for a doozy!

Oh, they've hit!

Celery was $1.33 last week.

$2.37 for a head of lettuce?

This $6.97 coffee was $4.39 in January, under President Biden.

 

[Synthaholic]

 

[marvin martian]

Unemployment rose to 4.2% last month, with just 73,ooo jobs added. What think you USMB?

https://www.washingtonpost.com/business/2025/08/01/jobs-report-july-unemployment/

U.S. employers added 73,000 jobs in July, reflecting slower growth amid uncertainty about the direction of the economy.

The unemployment rate edged up slightly to 4.2 percent, a relatively low level.

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“The jobs market is balanced right now, but it’s a delicate balance,” said Sarah House, senior economist at Wells Fargo.


While tariffs, high interest rates, stubborn inflation and federal government cuts have yet to sink the labor market into turmoil, signs of underlying weakness are growing.
Employers are hiring at close to the slowest pace in more than a decade, excluding the pandemic, according to a separate report released by the Labor Department this week. . Most other industries are stagnating or even losing jobs, making the labor market more vulnerable to shocks.

"Stubborn inflation"?

LOL

 

[Synthaholic]

 

[luiza]

Baked- in well over a year go .
Now Trumpfy has re-arranged the figures in order to get his Interest rate cut in September .
Go walkies Powell . Never return !

Re-Set plans progressing nicely .

 

[Synthaholic]

"Stubborn inflation"?

LOL

View attachment 1143670

It peaked in response to Trump's bungling of Covid, then comes down under the responsible leadership of President Joe Biden.

It's right there in front if your eyes.

 

[justoffal]

Totally expected and forewarned...
The Large base of foreign owned business interests within our borders are reacting to the tariffs in a predictable manner. They are holding back investment until they know what's next.
The investment will come back and a surge of employment unlike anything we've seen since world war II will materialize.

 

[leftwinger]

That really is the crux of it. It doesn't matter if the tariffs are zero or 100%---businesses need them to be set in stone before they can plan for them.

Nothing has been set in stone since Congress crashed housing in 09'. Russia, Flu launch, election fraud. It's one intentional self-infliced wound to the next you strawberry faced loon.

 

[leftwinger]

I was just thinking this morning how glad I am that I sold my advisory and retired in 2022. I don't know WHAT the **** I would be telling my business consulting clients right now. I've spoken with a few of them, and they're just trying to hold things together, hoping that the madness ends soon. They're already seeing supply chains freeze up because costs are changing by the day.

But, as always, Trump is clueless on that stuff.

I'm certain they were glad to see you go.

 

[leftwinger]

And Trump's reckless tariffs haven't even hit yet.

Buckle up America, we're in for a doozy!

Asia & Europe dow 2% 3% getting hit worse. Do you ever learn not to be so wrong?

 

[Mac1958]

Yikes, 258K fewer jobs in May & June than first reported. ****.

 

[iamwhatiseem]

Not good, but not an indicator yet.

The Fed and the markets need to see the full effect of the tariffs before they settle on anything. From what most folks are saying, hopefully we'll know by mid October.

Dropping rates would have been a fairly easy call. Trump has taken that option away for now, with his tariff war on Planet Earth.

But but but - ALL - of the left media said "by July" the economy was going to collapse under the tarrifs!! High inflation again!! PEOPLE WILL DIE!!!! --- literally said that.
Gee - July came and went, now we are in August.... and now.... "WAIT TILL OCTOBER!!!!"

For ***** sake. Just hilarious.

 

[iamwhatiseem]

Yikes, 258K fewer jobs in May & June than first reported. ****.

Job numbers are always-always rounded down after a few months goes by just like they were when Biden was President

 

[leftwinger]

Maybe next month when they revise July down by 72K Synthaholic will get a full time TDS boner?

 

[JLW]

Trump is playing a childish and dangerous game with his tariff threats. He acts like the American economy is his private fiefdom.

Of course, Trump's inanity will cost the economy jobs and wealth as his "policies" are creating uncertainty.

Only a matter of time before it all comes to a head.

 

[leftwinger]

You could buy in more aggressive when the market is low and just SHUP until XMAS?

 

[justoffal]

That really is the crux of it. It doesn't matter if the tariffs are zero or 100%---businesses need them to be set in stone before they can plan for them.

Yes

 

[justoffal]

You could buy in more aggressive when the market is low and just SHUP until XMAS?

People are making millions already

 

[Mac1958]

Trump is playing a childish and dangerous game with his tariff threats. He acts like the American economy is his private fiefdom.

Of course, Trump's inanity will cost the economy jobs and wealth as his "policies" are creating uncertainty.

Only a matter of time before it all comes to a head.

He's spectacularly ignorant on macroeconomics, he has lunatics like Navarro and Lutnick buzzing around him, and Bessent is too scared to object. He's saying we're going to "grow our way out of this", and he knows damn well we can't do that.

All we can do at this point is hang on and hope for the best.

 

[Synthaholic]

Totally expected and forewarned...
The Large base of foreign owned business interests within our borders are reacting to the tariffs in a predictable manner. They are holding back investment until they know what's next.
The investment will come back and a surge of employment unlike anything we've seen since world war II will materialize.

Employment doing what? Assembly line work in factories? For how much an hour?