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Confirmed: America is in a serious jobs slump (edition.cnn.com)

submitted 5 days ago by bytesonbike@discuss.online to c/usa@midwest.social

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Employment gains were so weak in the July jobs report that President Donald Trump fired the head of the bureau charged with collecting the data, baselessly claiming it was rigged.

The number of job openings was an estimated 7.18 million at the end of July, falling from a downwardly revised 7.36 million the month before, according to Bureau of Labor Statistics data released Wednesday.

Job openings are now not only at their lowest level in 10 months, but they’re also below the number of unemployed workers (at 7.2 million) for the first time since April 2021.

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[–] whiwake@lemmy.cafe 12 points 5 days ago

All those unemployed people should take it out on Trump.

[–] HootinNHollerin@lemmy.dbzer0.com 6 points 5 days ago

trump is worse than a global pandemic

[–] chuckleslord@lemmy.world 6 points 5 days ago

Fuck. Think of how bad it must actually be once you eliminate all of the fake job openings.

[–] The_Che_Banana@beehaw.org 4 points 5 days ago

oooooh nooooo.... another article that says they may....maaaay be heading towards authoritarianism...just maybe

[–] furrowsofar@beehaw.org 1 points 4 days ago

Trump is a chaos generator. Chaos is bad for business.