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thewayneDamn that Biden and his trashing the economy!
Of course that statement is not serious, our economy was doing a great job before someone appeared to take an oath of office last year in January.
Easiest just to quote the article. "Preliminary data had indicated that the U.S. economy added 584,000 jobs last year. But the Bureau of Labor Statistics revised that number after it received additional state data and found that the labor market had added 181,000 jobs in all of 2025."
In 2024, 1.46 million jobs were added to the labor market. I can't imagine what event happened between '24 and '25. that could have caused such a change.
A decline to 12% of the previous year. Now THAT is a stellar economic policy! If you divide it up by 12 months and 50 states, that's 300 jobs per state per month. Which clearly isn't the case, but as a rough indicator it's a bit frightening. Fast food franchise employee turnover per state could probably account for that many people!
Things are perhaps looking better for '25: preliminary numbers for January show 130,000 jobs added where 55,000 were expected. But those numbers will be revised in a month or so, thus are not final. But this post and the NBC article were written before someone started World War 3 by trying to destroy Iran, so who knows what the economic backlash will happen here. We know the oil industry and market will be turbulent, we can anticipate the national debt will go up as something on the order of $11B was spent in the first week in expended munitions, and the companies that make said munitions will probably get a big boost. But overall, the stock market isn't doing that great, I know my funds and stocks are down and I'm not an aggressive investor.
A job market this stagnant can be signs heralding a recession, and we still have the growing AI bubble which has not yet popped which will gut the tech sector.
https://www.nbcnews.com/business/economy/january-jobs-revisions-trump-rcna258398
https://news.slashdot.org/story/26/02/11/1754240/us-had-almost-no-job-growth-in-2025
Of course that statement is not serious, our economy was doing a great job before someone appeared to take an oath of office last year in January.
Easiest just to quote the article. "Preliminary data had indicated that the U.S. economy added 584,000 jobs last year. But the Bureau of Labor Statistics revised that number after it received additional state data and found that the labor market had added 181,000 jobs in all of 2025."
In 2024, 1.46 million jobs were added to the labor market. I can't imagine what event happened between '24 and '25. that could have caused such a change.
A decline to 12% of the previous year. Now THAT is a stellar economic policy! If you divide it up by 12 months and 50 states, that's 300 jobs per state per month. Which clearly isn't the case, but as a rough indicator it's a bit frightening. Fast food franchise employee turnover per state could probably account for that many people!
Things are perhaps looking better for '25: preliminary numbers for January show 130,000 jobs added where 55,000 were expected. But those numbers will be revised in a month or so, thus are not final. But this post and the NBC article were written before someone started World War 3 by trying to destroy Iran, so who knows what the economic backlash will happen here. We know the oil industry and market will be turbulent, we can anticipate the national debt will go up as something on the order of $11B was spent in the first week in expended munitions, and the companies that make said munitions will probably get a big boost. But overall, the stock market isn't doing that great, I know my funds and stocks are down and I'm not an aggressive investor.
A job market this stagnant can be signs heralding a recession, and we still have the growing AI bubble which has not yet popped which will gut the tech sector.
https://www.nbcnews.com/business/economy/january-jobs-revisions-trump-rcna258398
https://news.slashdot.org/story/26/02/11/1754240/us-had-almost-no-job-growth-in-2025
no subject
Date: 2026-03-13 09:34 am (UTC)no subject
Date: 2026-03-13 06:31 pm (UTC)no subject
Date: 2026-03-13 06:38 pm (UTC)no subject
Date: 2026-03-13 10:19 am (UTC)Biden should be so ashamed of himself.
*tongue planted firmly in cheek*
Hugs, Jon
no subject
Date: 2026-03-13 12:05 pm (UTC)no subject
Date: 2026-03-13 06:28 pm (UTC)