The U.S. economy added jobs at a slower pace in August amid uncertainty about economic conditions, adding to signs of a weakening labor market.

The Labor Department on Friday reported that employers added 22,000 jobs in August, a figure that was well below the 75,000 estimate of economists polled by LSEG.

The unemployment rate also rose to 4.3% in August, which was in line with expectations and up from the 4.2% reading in July.

https://www.foxbusiness.com/economy/us-jobs-report-august-2025

 

Winning!

 

Not just any jobs.  A lot fewer manufacturing jobs.  

 

 

 

The question is whose head is going to roll for reporting facts?we know Donnie doesn’t like that.

"The government also revised its numbers from earlier in the summer, and said that the economy lost a net 13,000 jobs in June. It was the first such decline since December 2020."

https://archive.ph/hkCVP#selection-519.0-523.69

So a 50 point rate cut the 17th ?

Good for gold.

7 minutes ago, FlorC said:

So a 50 point rate cut the 17th ?

Good for gold.

Bad for American workers.

15 minutes ago, Alan Zweibel said:

Bad for American workers.

No , it isn't.

22 minutes ago, FlorC said:

So a 50 point rate cut the 17th ?

Good for gold.

If that’s the prudent thing to do reached by a consensus of EXPERTS in their fields then I’m all for it.if it’s done by decree from the felon then I’m against it.

8 minutes ago, FlorC said:

No , it isn't.

It is obvious why most people including economists think low net employment is a bad thing. Just saying it isn't a bad thing without offering an explanation why is, to put it tactfully, not real intelligent. 

11 minutes ago, Tug said:

If that’s the prudent thing to do reached by a consensus of EXPERTS in their fields then I’m all for it.if it’s done by decree from the felon then I’m against it.

Are there any experts left that Trump hasn't fired yet?

 

9 minutes ago, Alan Zweibel said:

It is obvious why most people including economists think low net employment is a bad thing. Just saying it isn't a bad thing without offering an explanation why is, to put it tactfully, not real intelligent. 

 

It's the verbal equivalent of this.

 

 

 

 

Oh, that's fake news!  Fake statistics!  Fake fanikiness!  Lying lies from lying liars, is what that is!

 

We'll be winnin'!  You'betcha!  Next year, or so, maybe....but there'll be so much winning......next year or thereabouts, that you'll forget all about Epstein.

 

“They come out tomorrow, but the real numbers that I’m talking about are going to be whatever it is, but will be in a year from now on,” Trump told reporters

 

https://thehill.com/homenews/administration/5487439-trump-friday-jobs-report-real-numbers/

29 minutes ago, NoDisplayName said:

 

 

Oh, that's fake news!  Fake statistics!  Fake fanikiness!  Lying lies from lying liars, is what that is!

 

We'll be winnin'!  You'betcha!  Next year, or so, maybe....but there'll be so much winning......next year or thereabouts, that you'll forget all about Epstein.

 

“They come out tomorrow, but the real numbers that I’m talking about are going to be whatever it is, but will be in a year from now on,” Trump told reporters

 

https://thehill.com/homenews/administration/5487439-trump-friday-jobs-report-real-numbers/

 

Everyone says so. All the best people.  Ask anyone.  That is all everyone is talking about.  Not the Epstein files.  That's fake news.

I see that the news is carrying this report;

- Negative job growth: For the first time in nearly four years, the economy lost jobs, with a decline of 13,000 positions in June.

-Rising unemployment: The jobless rate rose to 4.3%, the highest level since 2021.

-Stagnation: The data underscores the extent to which consumers and businesses are struggling to accommodate the weight of tariffs, stubborn inflation, the decline in America’s crucial immigrant workforce and overall economic uncertainty.

 

Doesn't look like the Trump policies are winning. oh well, there is next month, kids.

Government jobs down. Illegal workers down. Shift in the work force, this is to be expected. 

 

Wonder how the market will react?

 

When you close down marijuana farms where illegal trafficed children are enslaved, of course you will get changes in numbers.

1 hour ago, Tug said:

The question is whose head is going to roll for reporting facts?we know Donnie doesn’t like that.

More a question of who 's  cock is on the anvil with this lot !

1 hour ago, Yagoda said:

Government jobs down. Illegal workers down. Shift in the work force, this is to be expected. 

 

Wonder how the market will react?

 

When you close down marijuana farms where illegal trafficed children are enslaved, of course you will get changes in numbers.

First off, what's that got to do with the loss of 12,000 workers in the manufacturing sector?

Second, those kids work on illegal marijuana farms. You think that their employers report to the government? Any more ridiculous notions to share with the rest of us?

27 minutes ago, Alan Zweibel said:

Second, those kids work on illegal marijuana farms. You think that their employers report to the government?

Were they the only workers on that shut down farm?

 

Tell us what industries constitute the manufacturing sector in the employment stats?

11 minutes ago, Yagoda said:

Were they the only workers on that shut down farm?

 

Tell us what industries constitute the manufacturing sector in the employment stats?

Ah, somebody has to educate the MAGAnistas, but the BLS release is "non-Farm Payroll".

 

So your hypothetical illegal workers on marijuana farms, even if they existed, would not enter into the BLS number in any way.

 

Sorry to embarrass you.

Canada lost 66k jobs and currency tanked another 1% against thai baht

 

A toilet peso currency

34 minutes ago, Wingate said:

So your hypothetical illegal workers on marijuana farms, even if they existed, would not enter into the BLS number in any way.

How was that facility classified?

 

Do the 475 arrested on a construction  site busted yesterday count?

 

How did the market react?

Didn't Trump claim he would bring manufacturing jobs back? 🤣🤣🤣

• Just 22,000 jobs were added in August, compared to expectations for 76,500 new roles.
• June’s job total was negative, shedding 13,000 positions and marking the first time since the pandemic that the economy actually lost jobs.
• The unemployment rate rose to 4.3%, its highest level since 2021, meaning 7.4 million Americans are without work.
• Manufacturing jobs, a key focus of President Donald Trump’s economic agenda, fell for the fourth month in a row for a total of 78,000 lost jobs so far this year.
• Black unemployment climbed to 7.5%, the highest level in almost four years.

https://www.cnn.com/webview/business/live-news/us-jobs-report-august-2025?cid=android_app

4 hours ago, Yagoda said:

How was that facility classified?

 

Do the 475 arrested on a construction  site busted yesterday count?

 

How did the market react?

Best you put the shovel down and stop digging, because you are just making yourself look either clueless or incredibly lazy, maybe both.

 

It seems you think the BLS report---which, to repeat is Nonfarm Payroll---is merely the single number of 22,000. That is merely the headline number. The actual report is extremely detailed.

 

The report not only also indicates the 12,000 decline in manufacturing jobs, it notes the 146,000 decline in manufacturing jobs since August 2024, when Biden was President. The guy who ran on a promise of rebuilding US manufacturing---Trump---is actually failing in his quest.

 

The changes in jobs in August is also quite detailed, not only noting in which specific sector jobs were lost (like manufacturing), but also where jobs were gained. In this August 2025 report, one can see that the key contributors to new jobs were:

 

“Food Services and drinking places”

“Amusement, gambling and recreation industries”

“General Merchandise Retailers”, the largest subset being “Warehouse clubs, supercenters”, which would be things like Walmart and Costco.

 

Those are unlikely to be high paying jobs, but hey, MAGAnistas have to work somewhere.

 

Other data includes the Labor Participation Rate, which are people currently either working or looking for work. Discouraged workers, who have given up, are not included. Of course that slightly masks real unemployment, which would be higher if those who have simply given up were included.

 

The employment/population ratio is 59.6%, having declined by .4% in 2025. (Note the denominator may well be shrinking, because of the deported, so that number might actually be worse.) The number of people not working, but who want a job is up 722,000 in 2025. The number of long-term unemployed (defined as jobless for 27 weeks or more) is up 385,000 in 2025.

 

Oh, and the June number---whose massive downward revision upset Trump so much he fired the BLS Chief---was revised down even more, from the previous revision of +14,000 to a new -13,000. So that original June number, which was around +146,000, is actually -13,000.

 

There isn't enough lipstick in the world to put on this pig.

Quip from NY Times:

 

The president did so again on Friday, attacking the Fed chair, Jerome H. Powell, for not lowering borrowing costs quickly enough.

 

“We just have to get through these next few months,” said Sarah House, an economist at Wells Fargo. “If we can muddle through, then we can get that pickup in growth in 2026.”

 

The trouble for Mr. Trump is that he didn’t campaign on a platform of “muddling through.” 

 

https://www.nytimes.com/2025/09/05/us/politics/trump-jobs-report-tariffs-deportations.html

 

 

 

 

3 minutes ago, jerrymahoney said:

Quip from NY Times:

 

The president did so again on Friday, attacking the Fed chair, Jerome H. Powell, for not lowering borrowing costs quickly enough.

 

“We just have to get through these next few months,” said Sarah House, an economist at Wells Fargo. “If we can muddle through, then we can get that pickup in growth in 2026.”

 

The trouble for Mr. Trump is that he didn’t campaign on a platform of “muddling through.” 

 

https://www.nytimes.com/2025/09/05/us/politics/trump-jobs-report-tariffs-deportations.html

 

 

 

 

And hey, let's borrow! I mean, it's not as if we already have too much debt, right? That worked after the dot.com crash....at least until 2008.

 

Trying to browbeat the Fed Chief is probably not a good idea, as the entire world sees that, and foreigners still fund upwards of 30% of US Federal Debt. Of course, that is changing a bit, as China and India, inter alia, are selling some of their holdings of USTs. Maybe it's a bad idea to irritate our foreign paymasters?

 

I'm sure Donny knows best, and "nobody knows more about debt than me" (Trump once said that.)

 

And for those who might have forgotten, Trump once said on live TV (CNBC) that he would consider defaulting on USTs held by foreigners.

Meanwhile, a short time later...

 

BLS Appointee E.J. Antoni is in a spot of bother.

 

Yes, he was at the January 6 RIOT, but as a -uhm- "tourist".

 

Trump’s pick to lead BLS ran Twitter account with sexually degrading, bigoted attacks

 

 

President Donald Trump’s nominee to lead the Bureau of Labor Statistics operated a since-deleted Twitter account that featured sexually degrading attacks on Kamala Harris, derogatory remarks about gay people, conspiracy theories, and crude insults aimed at critics of President Donald Trump.

 

E.J. Antoni, a 37-year-old economist for the conservative think tank the Heritage Foundation, posted the comments from approximately 2017 through 2020 under a series of usernames and display names. CNN verified that all of Antoni’s posts came from the same Twitter account and that the posts from the anonymous aliases shared strikingly similar biographical details as Antoni.

 

An outspoken critic of the nonpartisan BLS, which calculates US job growth and unemployment figures, Antoni is a stout Trump loyalist. NBC News reported and CNN confirmed that he was a “bystander” at the US Capitol riot on January 6, 2021. There is no evidence he entered the Capitol.

 

https://edition.cnn.com/2025/09/05/politics/kfile-ej-antoni-bureau-of-labor-statistics-twitter-account-vis

 

 

With the second downward revision to the June 2025 jobs number, June becomes the first month since December 2020 (who was President then?) with a negative jobs number.

 

The new revised June 2025 number is -13,000.

 

"Only I can fix it"---DJT

 

On Thursday, before the BLS number, Trump held a luncheon with tech CEOs, who were groveling for tax breaks and to stay out of jail (Zuckerberg). He claimed "in a year" there will be jobs numbers "like no one has ever seen", suggesting that it will be new manufacturing. He said now this manufacturing surge can only be seen in construction labor numbers. Well, in the BLS release, construction jobs fell in August, so obviously Trump is just making stuff up, like his conversation with his uncle about the Unabomber or Trump's stopping of the 1994 Rwandan Genocide.

 

Yea, Donny, and you're also 6'3" and 215 lbs and you never schtupped Stormy Daniels.

 

The only thing coming out of the White House that anyone can believe is that whatever Trump says is either a lie or a dementia-driven fantasy.

In all fairness, aren't the projections just a crap shoot? Sure, there are numbers/statistics/trends you can study, but a crystal ball or flipped coin will probably have just as good a chance at projecting successfully.

3 minutes ago, HappyExpat57 said:

In all fairness, aren't the projections just a crap shoot?

 

Do you know what "crapshoot" means?

 

The process used to date, since 1948, involved trying to accumulate a lot of data (from private and public sources) and analyzing it with long-evolved computer programs.

 

Could you replace this process with a monkey throwing a dart? Sure.

 

Try that for 67 years and get back to us.

 

 

Any halfwit with economic knowledge realizes recessions are a real, inevitable thing.  Would not be surprised if early next year a big downturn occurs.  But, all this will just create a huge buying opportunity for investors.