Relax, it’s only the ugliest October layoff number since 2003 (Private jobs)

[Mac1958]

When the insane tariff circus started, I listed out the few things that American companies could do to mitigate their tariff-driven higher costs of doing business and MAYBE keep their profits up.

Two of them were freezing hiring, and laying off.

And there ya go. There are only so many moving parts here.

 

[SweetSue92]

The statistic measures layoff announcements in October, while federal workers have been furloughed, not laid off, because of the shutdown. So these are private jobs were talking about.

Just yesterday at an event in Miami, Trump said:
“We have the greatest economy right now… you have to talk about job creation…” link

That’s while Challenger is reporting 153,074 announced layoffs in October, the highest October total since 2003, with over 1.09 million job cuts so far this year, the worst since 2020.

As a candidate, Trump literally promised:
“I am going to be the greatest jobs president that God ever created.”

We’re in trouble.

https://www.reuters.com/business/world-at-work/layoffs-us-october-surge-two-decade-high-challenger-data-shows-2025-11-06/

I keep saying it: he MUST pivot hard and quick to the economy/housing/jobs and leave all the overseas stuff alone for now. He really only has a few months before he can turn it around by the midterms...

 

[my2¢]

ADP private sector jobs report released Wednesday showed a gain of 42,000 jobs.

ROSELAND, N.J. – November 5, 2025 – Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).

While the Mid-Atlantic shows effect of the government shutdown upon private jobs, west coast gains more than offset the losses. Private sector jobs gains/losses by region:

 

[ElmerMudd]

Federal job losses.

Stop pretending you area a conservative, it is embarrassing the board.

You cannot handle the truth. This was for the private sector. You must be embarrassed covering for Trump.

Job cuts surge in worst October layoffs in 22 years. Here's why

Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, Challenger, Gray & Christmas said.

www.usatoday.com

 

[ElmerMudd]

ADP private sector jobs report released Wednesday showed a gain of 42,000 jobs.

ROSELAND, N.J. – November 5, 2025 – Private sector employment increased by 42,000 jobs in October and pay was up 4.5 percent year-over-year according to the October ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).

While the Mid-Atlantic shows effect of the government shutdown upon private jobs, west coast gains more than offset the losses. Private sector jobs gains/losses by region:

View attachment 1181777

There were 153,000 layoffs announced in October, not implemented.

Job cuts so far this year have soared to more than 1 million, a 65% increase from last year at this time

Thank you, Donald Trump. Will he try and declare the USA bankrupt like he did 6 times in the private sector to cut his losses.

 

[excalibur]

I agree, so what?
I have acknowledged that.

Will you acknowledge that the trump tariffs, caused the market to drop to 36,611.
If you can't fathom that fact, then at least acknowledge that the DOW dropped to 36,611, whatever the cause.

And is up a total of some 5000 points since he was elected.

 

[Winco]

And is up a total of some 5000 points since he was elected.

Nov 5th, when he was elected........ doesn't count.

You only use this date and number because it favors your lord.

When he took office, the DOW was 44,025.

 

[Zincwarrior]

The statistic measures layoff announcements in October, while federal workers have been furloughed, not laid off, because of the shutdown. So these are private jobs were talking about.

Just yesterday at an event in Miami, Trump said:
“We have the greatest economy right now… you have to talk about job creation…” link

That’s while Challenger is reporting 153,074 announced layoffs in October, the highest October total since 2003, with over 1.09 million job cuts so far this year, the worst since 2020.

As a candidate, Trump literally promised:
“I am going to be the greatest jobs president that God ever created.”

We’re in trouble.

https://www.reuters.com/business/world-at-work/layoffs-us-october-surge-two-decade-high-challenger-data-shows-2025-11-06/

But Biden! But Trans!

 

[excalibur]

Nov 5th, when he was elected........ doesn't count.

You only use this date and number because it favors your lord.

When he took office, the DOW was 44,025.

The day after Trump was elected in 2024 was when it when up some 1500 points.

 

[Winco]

The day after Trump was elected in 2024 was when it when up some 1500 points.

So what.

The day he announced his 'special day' the market fell by 5,000 points.
What was that day called? LOLLLOLLLLOLLLL
42,000 to 37,000.

Does trump get credit for that 5,000 point drop?

STFU.

 

[excalibur]

So what.

The day he announced his 'special day' the market fell by 5,000 points.
What was that day called? LOLLLOLLLLOLLLL
42,000 to 37,000.

Does trump get credit for that 5,000 point drop?

STFU.

The day after he was elected the DJIA rose some 1500 points.

 

[Winco]

The day after he was elected the DJIA rose some 1500 points.

Liberation Day.
Remember that?

“My fellow Americans, this is Liberation Day. April 2, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to Make America Wealthy Again.”

Also the week the DOW fell 5,000 points.

 

[excalibur]

Liberation Day.
Remember that?

“My fellow Americans, this is Liberation Day. April 2, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to Make America Wealthy Again.”
View attachment 1182022
View attachment 1182023



Also the week the DOW fell 5,000 points.

The DJIA never closed down 5000 points in a single day. No day saw an intraday drop of 5000 points.

List of largest daily changes in the Dow Jones Industrial Average - Wikipedia

en.wikipedia.org

The Dow did close up some 1500 points the day after Trump own in 2024.

​

 

[Winco]

The DJIA never closed down 5000 points in a single day. No day saw an intraday drop of 5000 points.

List of largest daily changes in the Dow Jones Industrial Average - Wikipedia

en.wikipedia.org

The Dow did close up some 1500 points the day after Trump own in 2024.

​

That is why I said in a WEEK.
JFC.
Are you denying the Dow went from 42K to 37K?
In a week after trumps "Liberation Day"

Also the week the DOW fell 5,000 points.

 

[excalibur]

The day he announced his 'special day' the market fell by 5,000 points.
What was that day called?

That is why I said in a WEEK.

You actually said 'day'. Twice.

 

[leftwinger]

If the markets (GDP) move up, it is from real growth, not GOVT spending like 09' onwards. Trump is not afraid politically to do the right things//

We sent Trump to reduce GOVT. Reduce Fraud & corruption.

 

[ElmerMudd]

The day after Trump was elected in 2024 was when it when up some 1500 points.

The 3 days after Trump announced tariffs the dow dropped 4000.

 

[Winco]

You actually said 'day'. Twice.

So THIS ^^^^ is your way of denying the 5,000 point drop.
Of Course.

 

[excalibur]

So THIS ^^^^ is your way of denying the 5,000 point drop.
Of Course.

It was you who said day, then tried and change it to week.

Of course.

 

[Winco]

So what.

The day he announced his 'special day' the market fell by 5,000 points.
What was that day called? LOLLLOLLLLOLLLL
42,000 to 37,000.

Does trump get credit for that 5,000 point drop?

STFU.

It was you who said day, then tried and change it to week.

Of course.

You got me.
I misspoke.
Have you ever done that?

Doesn't change the fact that the market dropped 5,000 points under trump.

That said.... as long as you don't sell and can withstand the immediate LOSS, one still wins.
I'm winning every YEAR with the Market, regardless of who is POTUS.

Did you, excalibur sell, or do you even have anything to SELL?

Poor Guy, this excalibur guy.