Ain’t NOBODY buying ole Donald’s ‘Affordability‘ Sell…
Job cuts, Migrant sweeps, Tariff/Import taxes, Healthcare premium increases are NOT making America Great in any respect…
And we finally get Government figure’s, eh?
Anybody gonna get fired by releasing them?
The long-awaited jobs report by the Labor Department was delayed because of the federal government shutdown, creating headaches for economists and policymakers trying to assess how fast the labor market slowed this fall, as President Donald Trump’s economic policies, including higher tariffs and immigration enforcement, continue to take hold.
Meanwhile, wage growth cooled significantly in November, reflecting an new strain on U.S. households as inflation remains elevated. Average hourly wages have risen by 3.5 percent over the past 12 months, to $36.86 an hour.
Topping off the dour news, job creation from August was revised down by 22,000, showing the economy shed 26,000 jobs that month. September job gains were also revised lower by 11,000 to 108,000.
The unemployment rate has risen all year, from 4 percent in January to 4.6 percent in November, as more Americans, some of whom are reentering the labor market, struggle to find opportunities. The unemployment rate rose sharply for African Americans and teenagers….
…
“If you’re a worker that just freshly got laid off or are looking for new work, there’s not a lot of companies hiring right now,”…
Leave a Reply
You must be logged in to post a comment.