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

[citygator]

Smallest wage growth in earnings since covid recovery. Whoops.

 

[initforme]

We are overdo for a wage increase for most workers.

 

[excalibur]

Trump's doing it too. Trying to hide the damage his tariffs are doing to our economy.

Remember he threatened Amazon when they said they were going to put TARIFFS next to every item they sell so people can see what they are paying and Trump lost it?

​

 

[justoffal]

What constitutes a "job". If it pays less than $20 pet bennies it should not be included.

That's the trick.....
If it doesn't pay the bills and government support is required to survive.... technically it's not a job.
Even at 40 hours it's partial employment.

There's a lot of movement in the job sector right now but not toward entry level jobs. People are moving to to higher skills that pay more because they're worth more.

 

[justoffal]

Smallest wage growth in earnings since covid recovery. Whoops.

You can't measure anything against COVID Recovery.... All of those numbers are hopelessly FUBAR.... Wage growth is less important than Cost of living.

The loudest horn the left has right now is groceries.... That's the horn they should be blowing night and day. Epstein? Russia? Tariffs?..…90 percent of the populous can't be ******* bothered with it....you're wasting your breath.

Grocery prices? Something everyone can understand from cotton picker to CEO....

 

[excalibur]

Smallest wage growth in earnings since covid recovery. Whoops.

Real wages? Got a link?

Here's my link.

 

[my2¢]

I read where Trump wants the commissioner of Labor Statistics, Erika McEntarfer, fired after seeing this month's report. Earlier in this thread I questioned what was going on with the gains in healthcare and social services jobs over recent months. It seemed odd to me.

After reading the news about McEntarfer, I checked ADP's National Employment report from 2 days ago, and from what I see in the area of job gains and losses, ADP's findings make me even more suspect of the Bureau.

 

[justoffal]

I read where Trump wants the commissioner of Labor Statistics, Erika McEntarfer, fired after seeing this month's report. Earlier in this thread I questioned what was going on with the gains in healthcare and social services jobs over recent months. It seemed odd to me.

After reading the news about McEntarfer, I checked ADP's National Employment report from 2 days ago, and from what I see in the area of job gains and losses, ADP's findings make me even more suspect of the Bureau.

Political apparatchik left over from Diaper joe.
Time bombs left behind.
Probably knew she was going to get the axe.

 

[Mac1958]

Jesus Christ man. I do this for a living. The tariffs were publicly available and negotiated by Trump even though they’ve been the same since NAFTA. If you think there were meaningful tariffs on US goods other than a few specific sectors we negotiated with them you’re crazy.

They have no ******* idea what they're talking about. Yet they'll crow about stuff all day.

Perfect Trumpsters.

 

[Mac1958]

If a despot doesn't like the numbers, they fire the person who provided the numbers.

 

[shockedcanadian]

The key is that your wages for workers has increased 4%, outpacing inflation.

You have cut deep into government employment/spending and expanding American citizens who are being employed. This is a major shift from Biden.

These are the types of facts that Trump should be promoting to Americans. "We are increasing wages and jobs for AMERICANS not, illegal citizens. Their wages have increased 4% rather than being flooded by inflation and zero wage growth. In addition, we are taking in hundreds of billions for the treasury and to keep the fiscal situation in our country strong".

That's the key, a 180 from what Biden was doing which was damaging to the U.S economy long term, no question.

 

[justoffal]

The key is that your wages for workers has increased 4%, outpacing inflation.

You have cut deep into government employment/spending and expanding American citizens who are being employed. This is a major shift from Biden.

These are the types of facts that Trump should be promoting to Americans. "We are increasing wages and jobs for AMERICANS not, illegal citizens. Their wages have increased 4% rather than being flooded by inflation and zero wage growth. In addition, we are taking in hundreds of billions for the treasury and to keep the fiscal situation in our country strong".

That's the key, a 180 from what Biden was doing which was damaging to the U.S economy long term, no question.

Trump is not particularly erudite in that area of communication. He knows what he's doing but doesn't really know how to enumerate it. It's not important anyway because people will believe the media and the media right now is dedicated to misrepresentation. They'll believe the media until they see personal improvements that they can feel and touch.

 

[John Edgar Slow Horses]

Who said that, Marty? Be more certain and clear for the market. Trump is all over the economic map as he is all over his brain. No certainity is no good.

So never change anything or never try to fix anything because it may result in a short period of instability?

We've seen this twice already, and within a week or two the market calms down and things go back to where they were before, or even better.

 

[citygator]

Its not a good jobs number but keep in mind Biden dug us in a deep hole with massive debt based government spending and government jobs. As they are fired and new private sector jobs take their place there is going to be low job months as we switch from a debt based economy to wealth based one. Lets wait and see how it goes

Trump increased federal spending. He just cut services. As you know he added $3 trillion to the deficit.

 

[citygator]

3 percent GDP, after he inherited a 2.3% from Xiden

GDP isn’t 3%. It’s 1.25%. It’s terrible.

 

[citygator]

The economy is the same malais economy Trump inherited from Biden.

The 2Q 3% growth was an artifact of people front running tariffs in the first quarter. The consumer outlay component, which is 70% of the economy, did not show any growth. The third quarter will not show the same growth.

Consumer spending and gdp is falling. This is a new trend.

 

[ThunderKiss1965]

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.

Weird, my company went on a hiring spree and started up machines that had been taken down last year due to newer ones installed all to increase production.

 

[ThunderKiss1965]

GDP isn’t 3%. It’s 1.25%. It’s terrible.

Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

 

[struth]

GDP isn’t 3%. It’s 1.25%. It’s terrible.

Clueless dembot living in a fantasy world

You wonder why you all only have 19 percent approval rating? You wonder why the Demafacist had you believing xiden was sane and the Russian hoax was real?

Gross Domestic Product, 2nd Quarter 2025 (Advance Estimate) | U.S. Bureau of Economic Analysis (BEA)

Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2025 (April, May, and June), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the first quarter, real GDP decreased 0.5 percent.

www.bea.gov

 

[citygator]

View attachment 1144389

Gross Domestic Product | U.S. Bureau of Economic Analysis (BEA)

www.bea.gov

This year Q1+Q2 GDP growth is 1.25%. Even you arent that dumb so I suspect you know that.