U.S. jobless claims rise to 219,000 from the previous 208,000, worse than the 214,000 estimate. Welcome to Donald Trump’s economy. - ThreadSky

artcandee.bsky.social • 58 days ago

U.S. jobless claims rise to 219,000 from the previous 208,000, worse than the 214,000 estimate.

Welcome to Donald Trump’s economy.

Comments

nurseboobies.bsky.social•58 days ago

It's too late to save America. There's no undoing the damage. America is dead.

gbama11.medsky.social•58 days ago

I doubt it. In February Trump's economic vision will create 1 billion new jobs in the US and create a $100 billion surplus.

paddyj1325.bsky.social•58 days ago

In another month or so, co-presidents Musk & Mush will control the department of labor and they'll stop releasing monthly employment figures. "It's all fine!" They'll say.

marmae.bsky.social•10 days ago

That's being done now.

soulguidance.bsky.social•57 days ago

Dont forget the ones who where picking fruit and vegetables, tending to the eggs sold usa wide, farmers with workers who got deported or left work and no nazimaga wanting that job because it pays to little...

nls5.bsky.social•58 days ago

the next few months will be worse. Threats of tariffs have new deals being made which will see less purchasing of US goods. Will any rep call out trump-musk when their constituency starts seeing the job losses? If they do they will abound mentioning anything about it being trumps fault.

mssmart.bsky.social•58 days ago

He’s horrible in all ways, always.

genius70.bsky.social•58 days ago

As all those Biden crybabies come out of the woodwork… but, I didn’t vote for this! We told you so! Now clean it up, it’s your mess. Then and only then can I discuss forgiveness.

cd3777.bsky.social•58 days ago

💔

marmae.bsky.social•10 days ago

The post was written one monthe ago!

hippymama.bsky.social•57 days ago

Art, one of the predictions is that the growing number of unemployed is going to grow at an alarming rate. By 2026, they are going to be laying off people by the droves. Sometimes 300,000 a day. The only jobs in 2027 will be manufacturing jobs. The tariffs will cause all co to come back to America.

thegreatkramer.bsky.social•58 days ago

I have my money on a worst than expected jobs report tomorrow. No one is hiring right now and you had contractors for the federal government that stopped hiring as of the first EO that called for a spending freeze.

robertelewis.bsky.social•58 days ago

I've been viewing pictures of Gaza and I am furious. I had no idea of this destruction going on not the whole fucking place.

aheadbyacentury.bsky.social•58 days ago

"It's all fake. They're lying. We will purge them."

And magats eat it up...

adalena.bsky.social•58 days ago

Daughter in law 3 years to retirement, 58, her department of veterans services was laid off last week. My son who is legally blind was laid off yesterday as well as 1700 other employees. I will be paying for their house payment with my retirement fund.

forrepdemruleoflaw.bsky.social•58 days ago

They’re going to blow up the economy.

icuk.bsky.social•58 days ago

52000 jobs lost from USAID stoppage.

icuk.bsky.social•58 days ago

waw2nyc.bsky.social•58 days ago

Surely another Republican recession is coming, that would make it 6 straight recessions started under a Republican/Trump Party President

bevymart.bsky.social•58 days ago

200,000 of these are probably newly fired #USGovt employees

All #trump had to do to have a booming economy for 4 years was leave all #JoeBiden policies in place

Took him 3 weeks to wreck this

sirroms.bsky.social•58 days ago

This is a small miss of a weekly number, which is quite volatile. I wouldn't read anything into it.

tonywes.bsky.social•58 days ago

I agree. I have many concerns about what is going to happen with the economy, this by itself is not sounding an alarm.

marmae.bsky.social•10 days ago

What about today?

tonywes.bsky.social•10 days ago

Initial jobless claims are still low by historical standards.
They have edged up since January.

https://fred.stlouisfed.org/graph/fredgraph.png?g=1FKqN&height=490

marmae.bsky.social•8 days ago

People who have been given severance or a retirement package will not show up on this chart, because they are not allowed to sign up for unemployment. Today in Fla. a bill was passed allowing 14 yr. olds to work full shifts, even all night shifts. They said it was up to parental choice. What ? No!

marmae.bsky.social•9 days ago

Tjat's because Biden left the best jobless rate ever. Now we have Elon & the guy he works with.

sirroms.bsky.social•9 days ago

We are back to tariffs now. I think he actually means it this time. Perhaps we should call it the Phoenix economic plan - from the ashes, we will rise.

tonywes.bsky.social•9 days ago

The tariffs may take us to ashes.

offthehardroad.bsky.social•58 days ago

I read an estimated 30,000 people in Kansas work for the federal government. When Elon finds those folks, that number is going to rise.

sherrygadberry01.bsky.social•21 days ago

Never call It by its name. Always, Krasnov. They can’t come after us for bad ‘mouthing’ (telling truth) unless they admit that it is indeed the Russian operative given that name. 😉

profmentalwimp.bsky.social•38 days ago

Pretty soon we won't have these numbers to look at anymore as Trump tries to hide the damage he's doing. But we'll know it, because we live with the damage, whereas billionaires and their hangers-on don't.

healthcareis1.bsky.social•58 days ago

But interest rates will go down.... deliberate. Then he looks like god. Fed said they would lower interest rates when unemployment rose

peebee1.bsky.social•58 days ago

But, we as democrats will need to post economic news and jobless claims every single day. We have got to hammer home the economy.

unclebernie.bsky.social•57 days ago

He tryna crash it

johnderik1.bsky.social•57 days ago

I’m estimating by summer, we will see jobless claims at 1 million +

dpoore.bsky.social•58 days ago

Nothing but sunshine and roses. New day in America my ass.

rikkitrevi.bsky.social•58 days ago

At least they can hate out loud.

patrick6669.bsky.social•58 days ago

ivote.bsky.social•58 days ago

This is the finding out phase.
But hey, have you seen how much cheaper egg prices are?!?!?!?!?

nitram22.bsky.social•58 days ago

Add thousands more with the closing of USAID

anonymousnow.bsky.social•58 days ago

He just fired millions in the fed workforce. I assume that isn’t included in this report?

ginamyhill-jones.bsky.social•57 days ago

And they still adore him if they voted for him.

humanity101.bsky.social•58 days ago

dizzylizzard.bsky.social•57 days ago

OMG! Yup!

petigrusghost.bsky.social•58 days ago

Just heard at National Prayer Breakfast "Yes, and Gad saved me by the 20 , the 20 percent chart, it was immigration, and if it hadn't been (turns head and eyes upward for effect) the Democrats and zrepublicans could sit down together like when my dad took me to Yankee Stadium...."

batmobile63-65.bsky.social•58 days ago

To think these arse holes hate that the UNEMPLOYMENT RATE was almost wiped out under President Biden!

sunflower8690.bsky.social•58 days ago

It will be interesting to see the unemployment numbers in the next few months. Although, can we trust them?

kerry-pierce.bsky.social•58 days ago

In my neighborhood, 4 major biotech/pharma have laid off collectively ~250 folks in the last week!!
Hold onto your job, they are going to get very hard to find.

oponiak.bsky.social•57 days ago

Don’t worry, once Musk controls BLS the statistics they issue will look so much better! /s

marsisblu.bsky.social•58 days ago

Well I guess firing tens of thousands of federal workers will also help decrease unemployment and stimulate economic activity. What a genius. He sure learned a lot at Wharton…

mrspnkrsnow.bsky.social•58 days ago

Just wait until Musk-Trump start firing 50-75% of the federal workforce and all of the contractors, nonprofits, and the others downwind go too... 💔

xelahart.bsky.social•58 days ago

And that’s just those purged from the govt. 😏

kaypro.bsky.social•58 days ago

If 10% of the buyouts are taken, that's another 200k unemployment claims. We're going to double. *gulp*

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