Post Awj9Mk2K3JDDblykTI by Nonilex@masto.ai
(DIR) More posts by Nonilex@masto.ai
(DIR) Post #Awj8ecfO5mmG0dDJVg by Nonilex@masto.ai
2025-08-01T13:23:35Z
0 likes, 0 repeats
US employers added just 73,000 #jobs last month as #labor market weakens in face of #Trump #trade warsUS employers added just 73k jobs last month & #Labor Dept revisions showed that hiring was much weaker than previously reported in May & June. The #unemployment rate ticked up to 4.2%.The Labor Dept reported Friday that revisions shaved a stunning 258,000 jobs off May & June payrolls.#recession https://apnews.com/article/jobs-unemployment-economy-trump-federal-reserve-68a15f89d68793a6cf88a522ff33246c?utm_source=onesignal&utm_medium=push&utm_campaign=2025-08-01-Jobs+report
(DIR) Post #Awj8jCExluO7Uv2Dke by Nonilex@masto.ai
2025-08-01T13:24:23Z
0 likes, 0 repeats
The unexpectedly weak report raises questions about the health of the job market & the #economy as #Trump pushes forward with a radical & erratic overhaul of American #trade #policy, imposing hefty #tariffs on imports from almost every country on earth.The unemployment rate ticked up to 4.2% last month from 4.1% in June. The number of people in the labor force – those working & looking for work – fell modestly last month, & the ranks of the unemployed rose by 221,000. #recession
(DIR) Post #Awj8xSVW5Wt20FZvHc by Nonilex@masto.ai
2025-08-01T13:26:59Z
0 likes, 0 repeats
Manufacturers cut 11,000 #jobs last month after shedding 15,000 in June & 11,000 in May. The #FederalGovernment, where #employment has been targeted by the #Trump admin, lost 12,000 jobs. Jobs in administration & support fell by nearly 20,000.Healthcare companies added 55,400 jobs last month – accounting for 76% of the jobs added in July & offering another sign that recent job gains have been narrowly concentrated.#economy #recession #Trumpcession
(DIR) Post #Awj9EiWvljnEcUTA2a by Nonilex@masto.ai
2025-08-01T13:30:05Z
0 likes, 0 repeats
The #StockMarket tumbled on the news.The current situation is a sharp reversal from the hiring boom of just 3 years ago when desperate employers were handing out signing bonuses & introducing perks such as Fridays off, fertility benefits & even pet insurance to recruit & keep workers.#Trump #economy #recession #Trumpcession
(DIR) Post #Awj9GAom55XidtVgLg by Nonilex@masto.ai
2025-08-01T13:30:22Z
0 likes, 0 repeats
Weighing on the #labor market are the lingering effects of higher #InterestRates that were used by the #FederalReserve to fight #inflation; Trump’s massive import taxes & the costs & uncertainty they are imposing on businesses; & an anticipated drop in foreign #workers as Trump’s massive #deportation plans move forward.#Trump #economy #recession #Trumpcession
(DIR) Post #Awj9Mk2K3JDDblykTI by Nonilex@masto.ai
2025-08-01T13:31:29Z
0 likes, 0 repeats
The rate of people quitting their #jobs — a sign they’re confident they can land something better — has fallen from the record heights of 2021 & 2022 & is now below where it stood before the pandemic.#Trump #economy #labor #recession #Trumpcession
(DIR) Post #AwjAYAZhp6dP3UbgTw by noplasticshower@infosec.exchange
2025-08-01T13:44:46Z
0 likes, 0 repeats
@Nonilex lock in and erode pay
(DIR) Post #AwjAkLQFJofwAmzI3c by noplasticshower@infosec.exchange
2025-08-01T13:47:00Z
0 likes, 0 repeats
@Nonilex the workers and the working class were accumulating too much power. That is an easy fix. Make them need their job to survive. Raise the survival bar.
(DIR) Post #AwjBnAeNvP0LaTVpZY by trainguyrom@techhub.social
2025-08-01T13:58:43Z
0 likes, 0 repeats
@Nonilex I lost my job without warning about 2.5 months ago. I've been applying to every single job in my industry that I'm qualified for that's been posted within a 70 mile radius and I've had a single interview so far. Some weeks I've not been able to find any new jobs to apply for! This job market *sucks*Fortunately one of my old workplaces brought me back part time as a contractor and they've been handing me more and more work so I've been ramping up my hours there over the past two months and I'm finally up to an amount of hours where I can coast for a while and maybe actually splurge some too. No benefits and I'll be the first to go if they decide that they need to shed labor again, but it could be a lot worse!
(DIR) Post #AwjGnnuaS4KF7oDD96 by ottaross@mastodon.social
2025-08-01T14:54:51Z
0 likes, 0 repeats
@Nonilex you know their solution is going to be to stop tracking job growth.
(DIR) Post #AwjiHkZ69kXyCBfHM0 by phoenixgee@mstdn.social
2025-08-01T20:02:45Z
0 likes, 0 repeats
@Nonilex That was the plan all along. Can't have worker emancipation, that shit's dangerous!Look at how far they're willing to go...