No wonder Trump didn't release any economy statistics before the November off cycle elections. The results are terrible.
The Trend under Trump has not been good. The Golden Age economy is more like the Golden Arches economy.
Job numbers for September and August were worse than previously reported. Some 108,000 jobs were added in September, lower than the 119,000 gain previously reported; 26,000 jobs were lost in August, instead of the previously estimated 4,000 decline.
Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.
Overall, economists describe the current labor market as a low-fire, low-hire environment.
- Unemployment spikes to 4.6% - high since 2021 under Covid
- 105,000 jobs were LOST in October - the report Trump delayed
- A mere 64,000 were ADDED in November
- September and August job adds were REVISED DOWN by 30% - including August job loss revised to -26,000 jobs from -4,000
- The U.S. economy has shed jobs in three out of the past six months.
The Trend under Trump has not been good. The Golden Age economy is more like the Golden Arches economy.
Job numbers for September and August were worse than previously reported. Some 108,000 jobs were added in September, lower than the 119,000 gain previously reported; 26,000 jobs were lost in August, instead of the previously estimated 4,000 decline.
Job losses in June, August and October mean the U.S. economy has shed jobs in three out of the past six months.
Overall, economists describe the current labor market as a low-fire, low-hire environment.