Layoffs Reach New Highs In January

Originally posted by: tom

130,000 jobs, unemployment down to 4.3%, inflation down to 2.4% (remember kevin & co, predicting 10%+).

 

 


I've seen some reports that question the job growth and unemployment numbers, and there could be a major revision in the coming months. Remember when that happened under Biden and you said his administration was rigging the numbers? If it happens this time, will you think the same thing?

 

Also for the year, there's this:

 

U.S. gained 130,000 jobs last month, but labor market growth stalled in 2025 | NBC News

 

"The U.S. economy experienced almost zero job growth in 2025, according to revised federal data. On a more encouraging note: Hiring has picked up in 2026."

 

Thoughts?

Originally posted by: MaxFlavor

I've seen some reports that question the job growth and unemployment numbers, and there could be a major revision in the coming months. Remember when that happened under Biden and you said his administration was rigging the numbers? If it happens this time, will you think the same thing?

 

Also for the year, there's this:

 

U.S. gained 130,000 jobs last month, but labor market growth stalled in 2025 | NBC News

 

"The U.S. economy experienced almost zero job growth in 2025, according to revised federal data. On a more encouraging note: Hiring has picked up in 2026."

 

Thoughts?


Tom's cherry picking of stats is so very typical of him. Look at January 2026 and rejoice at the job growth. Ignore the previous twelve months of zero job growth. Also ignore the fact that last month's job growth was only about half of the average during the Biden administration.

 

It's as dishonest as saying "Inflation was 8.7% under Biden." Which it was. For a month.

 

There's something about zero job growth that's worse than stagnation. The US population increased by a bit over 1% in 2025. The workforce grew by a proportionate amount. Thus, we have high unemployment. It takes job growth equivalent to (proportion of population in the workforce)/(total population) just to maintain a given level of (un)employment. We need to add a certain number of jobs just to stay in place.

 

I think you're correct, that the Turd administration is fudging the numbers and the reality is much worse than what is being reported. Look at all the effort Trump has already put into squelching negative economic reports.

It's always interesting to see the government numbers versus the real numbers. https://www.usdebtclock.org/

 

Same BS, different Administration.

Originally posted by: Inigo Montoya

It's always interesting to see the government numbers versus the real numbers. https://www.usdebtclock.org/

 

Same BS, different Administration.


The difference is that Trump is actively suppressing negative reports, to the point of firing anyone who publicizes them. If you report anything other than "bigly wonderful, the best economy in the galaxy," then he sends ICE agents to burn down your house and rape your daughters.


The truth -  May be an image of text that says '130,000 130, 000 NEW JOBS IN JANUARY ALONE AND INFLATION AT MULTI- YEAR LOWS. IS THIS WHAT YOU VOTED FOR? Dow 50K for first crosses time inflation US CPI inllationc USCPLinfarioncs (%) 202 2025 2.23% DJI NYSE 50, 50,000.81 1.092.09 eport with with January 130 beats ,000 ijobs rrecasts recasts castsw crease 130,000 4.3% % REPORT JOBS JANUARY 130, JOBS ADDED UNEMPLOYMENT RATE'

Originally posted by: David Miller

The truth -  May be an image of text that says '130,000 130, 000 NEW JOBS IN JANUARY ALONE AND INFLATION AT MULTI- YEAR LOWS. IS THIS WHAT YOU VOTED FOR? Dow 50K for first crosses time inflation US CPI inllationc USCPLinfarioncs (%) 202 2025 2.23% DJI NYSE 50, 50,000.81 1.092.09 eport with with January 130 beats ,000 ijobs rrecasts recasts castsw crease 130,000 4.3% % REPORT JOBS JANUARY 130, JOBS ADDED UNEMPLOYMENT RATE'


A solid year of no new jobs at all followed by job growth in a single month--half of what it was under Biden.

 

Whoopee doo!

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