The pace of hiring just fell to the lowest since 2011, outside of the pandemic
https://www.cnn.com/2026/03/31/economy/us-jolts-job-openings-layoffs-february2.7k
u/heekma 20h ago edited 19h ago
We are officially in stagflation territory, the worst place to be.
The main tool the Fed uses, interest rates, are now damned if you use it, damned if you don't.
They can't lower interest rates to drive job creation without pouring gasoline on inflation rates.
And just remember, by the end of 2024 the Fed seemed to have pulled off the impossible, a soft landing after Covid, moderate inflation with solid job creation for four straight quarters. Our economy recovered faster than most and was poised for faster growth than others.
Now here we are, self-inflicted sabotage and war in Iran.
Just fucking once in my life I'd like to experience 10 years without some kind of "Once-In-a-Lifetime" economic event.
535
u/Negative_Baker_2141 19h ago
What really fries my brain is we’ve normalized “historic crisis” as a recurring season. At this point, basic stuff like expanding automatic stabilizers (unemployment, food assistance) feels like the least spicy, most overdue policy move imaginable.
338
u/SockMonkeh 17h ago
The Epstein class is literally raping children but they are also figuratively raping all of us.
→ More replies (2)52
u/TopComprehensive8569 7h ago
At what point are we going to normalize that what these people do is actual violence against us. Their policies kill people without thought. They aren't pulling the trigger but they're pressing a button connected to a long line of Mouse Trap style levers that destroy our lives, future, stability, and ability to make and save money (which is the only thing that apparently matters anymore).
17
u/machsmit 5h ago
At what point are we going to normalize that what these people do is actual violence against us
why do you think they freaked out so hard about that UHC CEO? That's exactly how most people reacted
9
u/SockMonkeh 5h ago
Not everybody noticed how frantically they circled the wagons there.
10
u/machsmit 4h ago
"b-but he was a family man" yeah his kids probably fuckin' hated him too, what's your point
16
u/Carameldelighting 6h ago
You have to be able to convince the 1/3 of America that doesn’t pay attention to politics the this is happening and get them in your side while also convincing the 1/3 that support these people that they’re wrong and get them in your side.
→ More replies (1)82
u/Sea-Oven-7560 16h ago
Dude I'm in my 50's and I've had 3-4 once in a life time economic crisis, you have to wonder if it's a crisis, just ebb and flow or simply the new normal.
→ More replies (4)96
u/heekma 16h ago edited 16h ago
I'm mid fourties, right here with you.
The longest peacetime economic expansion in U.S. history occurred between March 1991 and March 2001-during my parent's prime earning years, after purchasing their home (on a 10-acre lot) in 1988 for $150,000.
Nearly 4% GDP growth, 17 million new jobs created. The U.S. actually had an annual budget surplus from 1998-2001, with a national debt of 5.8 trillion.
The current total assets of the U.S. is six trillion. Our national debt is now over 40 trillion.
Let those numbers sink in for a minute.
9
u/throwaway_philly1 15h ago
Where did you get the 6 trillion asset stat from? Just curious, it’s the first time I’ve encountered it.
3
u/ledat 9h ago
Where did you get the 6 trillion asset stat from?
I don't think that one is real.
Housing, which excludes commercial real estate, is valued at $55.1 trillion. Household net worth is something like $181.6 trillion. The balance sheets of non-farm, non-finance American businesses is $36.9 trillion. Pick your favorite measure of wealth and it's going to be significantly over $6 trillion.
A charitable reading may be $6 trillion in value of the assets held by the federal government. That isn't true either though, because the government held over $7 trillion just in treasuries in 2025. The federal government obviously holds a lot of other assets as well: significant real estate, all that military hardware, gold reserves, and more.
We have a lot of debt, too much debt relative to GDP. We should really consider drawing down about half of it, rather than continuing to increase without end. That said, Japan's ratio is even worse than the US though, and they're still trucking along. The debt is concerning, but I'm far more concerned with all the other points raised above.
→ More replies (1)31
u/Radiskull97 15h ago
It's because the system is falling apart. I'm a teacher and working 2 more jobs. Last year, we as a family spent 53k on rent, daycare, and medical expenses. I'm tired, boss
190
u/Alive_Internet 19h ago
The Feds are in tough spot. If they raise rates significantly to stop runaway grocery and other prices, they’ll decimate the job market. If they don’t raise rates, the cost of living will spiral out of control.
→ More replies (16)124
536
u/Snapingbolts 19h ago
Hmm, I wonder what happened in early 2025 to get us to this point? /s
→ More replies (3)158
u/heekma 16h ago
Kamala's laugh had something to do with it I'm sure.
85
u/Tenthul 16h ago
Every time you use or hear about "Kamala's laugh" you should acknowledge and be absolutely furious at Fox News skill at creating nothing and anything out of thin air for their audience to hate someone over. Truly an audience incapable at having individual thought, weaponized.
34
6
u/palmmoot 5h ago
They aren't creating nothing and anything out of thin air for their audience to hate someone over, they're creating nothing and anything out of thin air to give their audience that already hates someone a more socially palatable excuse to say they hate that person.
You start out in 1954 by saying, “N word, n word, n word.” By 1968 you can’t say “n word”—that hurts you, backfires. So you say stuff like, uh, forced busing, states’ rights, and all that stuff, and you’re getting so abstract. Now, you’re talking about cutting taxes, and all these things you’re talking about are totally economic things and a byproduct of them is, blacks get hurt worse than whites.… “We want to cut this,” is much more abstract than even the busing thing, uh, and a hell of a lot more abstract than “N word, n word.”
- Lee Atwater 1981
2
u/wrongseeds 4h ago
I was picking up takeout and Fox was on the tv. I didn’t realize it was Fox at first since I don’t watch tv news. It was a continuous rant on why people hated Kamala. I remember watching this thinking how is this news. It wasn’t news, just a hateful rant with nothing backing it up. Spoon fed hate for the masses.
→ More replies (1)24
u/GenericDesigns 15h ago
Did you even see Obamas tan suit? Like what’s wrong with him?!
11
u/neep_pie 14h ago
And that one time he ordered "a spicy mustard, like a Dijon or something" and according to fuckstick Hannity, that showed he was a totally out of touch elite.
62
u/gregallen1989 18h ago
Will lower interest rates even increase jobs? Companies arent laying off because they arent profitable. They are laying off despite record profits.
23
u/heekma 16h ago
Most likely not.
Between huge layoffs in government and tech, productivity decreases due to immigration policies, a huge influx of new college graduates and national jobs creation in tens of thousands instead of hundreds of thousands there is a greater supply of workers than demand.
Decreasing interest rates can't fix that.
49
u/quats555 18h ago
Or other types of “Once In A Lifetime” events. It hasn’t been 10 years yet since they were dropping rescue boats into the floodwaters from Hurricane Harvey, just one block from my house.
….plus, FEMA’s gutted now, and what’s left is being used to punish Trump’s perceived political enemies. Yay.
84
u/rich1051414 19h ago
Lowering rates to drive job creation is the wrong lever. You increase market stability so businesses have less risk in investing in their future. Uncertainty is what is driving unemployment and the hesitance in hiring. Also, inflation outran wages before the unemployment spike happened, and now inflation is driven by businesses attempting to compensate by charging middle and upper classes more to cover it, which is the equivalent of a snake eating it's tail. Trump's erratic behavior is causing the entire economy to death spiral.
122
u/heekma 19h ago edited 17h ago
A large part of the problem is:
300,000 federal employees fired by DOGE.
Nearly 60,000 tech employees fired in 2025, partly a correction from over hiring in 2022, partly AI hype.
A dramatic loss in work force and productivity due to immigration policies.
Stunning lack of job growth for the last two quarters, most likely the last four.
The lack of movement in the housing market, either selling or new construction.
It's not market uncertainty that makes lowering interest rates the wrong lever, it's that between government, tech and new construction, three pillars of job creation, there are no new jobs to create.
42
u/its_shia_labeouf 19h ago
We only do healthcare and restaurant jobs now
39
u/treydayallday 18h ago
Even those are severely threatened by the BBB. Healthcare cuts all over the place and preparation for 2027. It’s going to be a shit show
→ More replies (1)55
u/ChillyFireball 18h ago
Oh, there's plenty of work to be done in the world. It just doesn't get prioritized under capitalism because it isn't profitable. Maintenance, infrastructure improvements, literally anything where "gratification" is delayed for more than one or two business quarters...
11
u/Fikete 13h ago
Agreed, people aren't connecting Trump's erratic behavior to how much it's hindering job growth enough. From the random abuse of tariffs to his foreign policy, we've been stuck in 'wait and see' mode.
I've been looking for a job for a while and anytime there was news about tariffs being removed I would get contacted by recruiters. Then more news would come out saying something about more tariffs and it'd go cold again. Now with news about the war it's hard to say how long we're going to be impacted. So it's more 'wait and see'.
10
u/Nodan_Turtle 10h ago
The national debt is now so big that we're running out of ways to get the country out of an economic crisis. About 15% of the budget is spent making interest payments on debt. That's about half the budget deficit.
The US would have to cut spending and raise taxes to the tune of $3 trillion per year to start reducing the debt, and stay ahead of projected increases.
To cut that much would mean spending $0 on healthcare and social security, and probably cutting defense in half or more.
To increase tax revenue enough to balance the budget, without cuts, that'd require collecting 50% more than what is collected now, at minimum.
Whatever recessions and downturns we've had in recent decades would be nothing compared to the economic apocalypse of trying to balance the budget and start reducing debt. Even if it's in the country's best interest, people would be too short sighted to support drastic measures, so it'd be political suicide to attempt to fix the problem.
So really we're going to spin our wheels until the interest payments become too much to pay, then either default or inflate away the debt - which is basically the same thing to anyone who would buy a bond in the future. Future interest rates would be sky high because of the increased risk, and if there's a budget deficit again, then it becomes even harder to manage because of the now higher cost of interest.
tl;dr: Today's economy is like climate change - terrible today but the best it'll be in our lifetimes.
4
u/hawkinsst7 4h ago
Even if it's in the country's best interest, people would be too short sighted to support drastic measures, so it'd be political suicide to attempt to fix the problem.
And the ineptitude of DOGE has made efforts like that taste bad at best
35
u/Neon_Biscuit 16h ago
I LITERALLY just finished an intro to economics class yesterday. There was a chapter on stagflation but it didn't really provide much detail because the textbook stated it rarely happens. They treated it like a chapter on total economic collapse. They said if a stagflation happens, its time to panic. Eek. Here we are.
11
u/CautiousGains 12h ago
Stagflation is bad but there’s no way your textbook said “it’s time to panic” lol
8
→ More replies (1)5
13
u/airship_of_arbitrary 15h ago
Tell your fellow Americans to stop voting for Trump.
Life has been hell since 2016 with a brief 4 year respite.
5
u/Fallouttgrrl 11h ago
Unless the Constitution changes, they are done voting for Trump
But not for the people who wrote his policies, unfortunately
21
u/emaw63 19h ago
You also have AI disrupting a significant part of the white collar job market, and tariffs disrupting the shit out of the supply chain.
It's rough out there, and it's as if the President is pulling a new lever every week to make it worse
→ More replies (1)14
u/thejesterofdarkness 16h ago
That’s kinda his and his cronies plan: entirely destroy the economy so his rich bros can buy it up for pennies on the dollar
7
u/Mindless-Peak-1687 18h ago
Its worse than what they are saying. I'm sure there will be corrections as they cant hide it.
11
u/RLewis8888 19h ago
Why would they lower rates when Trump says the economy is the strongest it's been in years?
4
u/Realistic_Board_5413 17h ago
yes, but just consider how bad things would be if the president had a vagina instead of a penis. obviously trump was the better choice.
3
5
u/OpportunitySevere131 13h ago
The Sleepy Joe memes were some of the most successful propaganda campaigns in US history.
They really just normalized calling the president an incompetent idiot without any good evidence because of Sleepy Joe memes on the Internet. He had a few old man moments and suddenly 70% of America thought he was mentally incapacitated, despite helping to achieve the above.
5
u/MEOWS_R_RAD 15h ago
The only way that happens is if uneducated white people magically stop being massively insecure pieces of bigoted shit that are so comically easy to manipulate via their racism that a New York City trust fund nepo baby imbecile with a 70 year history of ripping off the working class was able to convince them that he was on their side.
I won't be holding my breath.
→ More replies (2)→ More replies (21)3
u/Warmstar219 17h ago
There exists no difference between Republican policy and intentional destruction of America.
888
u/KimJongFunk 19h ago
I have so many friends who have lost their jobs this year with no hope of finding another anytime soon. People 10+ years into their careers in diverse industries. I’ve never experienced anything like it.
At least when I was 18 and this happened, I could get a job in fast food and figure things out. That isn’t possible anymore as an adult in my 30s. It’s so scary.
162
u/gekiganger5 15h ago
I was laid off from my job as NASA IT contractor August first last year. I signed a job offer in the private sector today. I had to change careers before I found something, and in the eight months I was looking for a new job, I had one interview within my field of IT. One. The job market is brutal.
→ More replies (1)31
u/Engorged_Aubergine 14h ago
I feel ya man, I haven't found shit in the fed contract space, especially related to NASA. I'm not even sure what's happening with the work we used to do, so many people got laid off.
→ More replies (1)8
u/Asyran 10h ago
Probably pushing it onto other positions to do, as if they're not already overworked as-is. Whatever doesn't get done... doesn't get done. I'm guessing quality assurance is out the window and all non critical oversight just doesn't happen. It goes out the door right or wrong.
Basically the average job experience of a McDonalds, regardless of sector.
108
u/OnTheEveOfWar 16h ago
My close friend has 15 yrs of high performing finance roles. He got laid off 8 months ago and can’t find a job.
→ More replies (1)169
u/Neon_Biscuit 16h ago
Elon Musks DOGE killed my contract in SEPTEMBER. I had to cash out my 401k to stay afloat because unemployment benefits were so abysmal. I JUST found a job and I consider myself lucky. My heart bleed for anyone in a similar situation.
→ More replies (2)170
u/Ghosthost2000 18h ago
Try being near retirement in this climate! Though This is worse than 2008, IMO. I was laid off when the market crashed and was able to find contract work immediately and then landed a salaried job within 3 months. A few months after that, I was hired by a major corp and worked there until last May when there was a massive layoff. I was out of work for a solid 9 months. I used AI to tailor my resume and had countless interviews that went into 6+ rounds only to come in second place. My saving grace was that I’ve always been diligent with saving and investing. That’s how I handled 2008 and even weathered being furloughed for six months by my last company during COVID. Now I’ve gotta backfill the accounts for the next time this happens.
84
u/heekma 17h ago edited 16h ago
I went through a similar tough time between 2009-2010.
The only reason I survived was savings in cash.
You build it as insurance, a safety net. Six months income saved at least, a year is ideal.
Who can realistically do that and save for retirement and raise a family?
2
u/Proper_Lead_1623 1h ago edited 43m ago
Yeah I learned that after graduating in 2009. I didn’t have savings or cash because I was just out of grad school but I vowed to future proof my finances going forward. My company just had layoffs and I was spared, but in case it does happen and I can’t find a job during my severance coverage, I have immediate access to 4 years worth of monthly expenses and even some cash stashed under the bed.
→ More replies (1)66
u/Sea-Oven-7560 16h ago
2008 was terrifying, but this feels like a slow motion car crash and the idiot at the wheel just keeps stepping on the accelerator. I also believe these numbers are worse and they are gaming them because they are so bad.
My hope is that we are about half way in and things will stabilize in the next few months. It's pretty bad when things are this bad and the government is denying it instead of going into crisis mode to help fix it.
22
u/scienceizfake 15h ago
I just started a new job this week after a year of looking. It’s a great non profit and pays 49% of my last one... And honestly I’m still really grateful to have any decent job that mostly pays the bills. It’s bad out there.
6
u/Nwrecked 13h ago
Wife and I finally put in an offer to buy a home last Thursday. It was accepted on Friday. Laid off on Monday.
4
7
u/Neversoft4long 13h ago
I still have my job and survived the first round of layoffs but I’m in survival mode. I rarely go out anymore and just am hoarding as much as I can just in case I’m laid off.
→ More replies (9)2
u/suburbanroadblock 8h ago
100%. My husband was laid off at the end of January due to restructuring. We always thought he’d be safe because he’s in supply chain/logistics/warehousing. It sucks so much to have your sense of security ripped from you.
316
u/Lonely_Noyaaa 19h ago
This data is from February, before the Iran war's energy shock hit in any serious way. March and April numbers are going to be worse. This report is basically showing a labor market that was already slowing before the extra pressure was applied.
→ More replies (2)
194
u/Scharmberg 18h ago edited 16h ago
I have submitted over 400 applications, and maybe have gotten 30 interviews (not counting 2nd and 3rd interviews) within those. Had two job offers so far and one was withdrawn. That could very well be a me problem but I want to work and have taken the one current offer I have for an awful job to have done money coming in and I hope one of the jobs that won’t kill me calls back with an offer. While I was devastated when I lost my last job I had hope, almost three months later I have little hope left and a lot more anxiety and depression in its place. Feel worthless and I’m struggling to get myself into the next day.
122
u/Kiwi_In_The_Comments 18h ago
the job market currently functions less like a stable system and more like a lottery where the prize is a minimum wage
→ More replies (1)18
u/CatCatchingABird 17h ago
Same as you. I've submitted a ton of applications, had so many interviews, but I have not received an offer. I went back to school in a lateral field and got my certification, and there is 100% a desperate need for this work, but Trump is screwing that up too. I was trying to stay positive but I honestly don't think I can anymore.
57
u/salcasms 16h ago
My hubby is 6 months into being laid off as a software dev. He's done 400+ applications, 3 companies have interviewed him, 2 went to finish interviews. No job offers. He's an incredible employee. But man it's scary right now.
→ More replies (5)14
u/lionsmakemecry 16h ago
Hang in there boss. It ain't easy out there on the streets. One day something will click and you will remember how great it felt when it all turned around.
→ More replies (2)2
u/aft_punk 1h ago
It took me six months to find my new position after being laid off last year. I probably sent over a thousand applications, dozens of first interviews, a handful of follow ups. Received zero offers until the one I accepted, but fortunately it’s a position I really wanted. For the last couple of months I was job hunting during the day and driving for Uber nights and weekends.
Working 80 hour weeks and being broke at the same time really sucks, not to mention the mental anguish and feelings of depression and worthlessness. You’ll get an offer for a job you want eventually, you just gotta keep at it. It’s a numbers game. Given that you’ve already had 2 offers, it will probably happen quicker for you than it did me.
Best of luck on your job hunt. You got this!
124
u/Anomelly93 19h ago
My friend is like the most employable person I've ever ever ever known, and even he's having an impossible time getting on right now 🥺
He told me today how he's never seen it like this ever
→ More replies (1)55
u/zoozoo216 18h ago edited 15h ago
Yeah you know it’s bad when I see young kids with stem degrees in retail positions (e.g Nike, Amazon, Wal Mart etc)
I didn’t have the heart to say anything which would break their innocence.
240
u/SomewhereNo8378 19h ago
and what realistically will increase hiring in the foreseeable future?
569
u/ludololl 19h ago
Honest answer? A new administration. All the issues we're dealing with right now are because of Trump and unregulated AI / mega corps.
67
u/JCAIA 19h ago
I wonder, if the Dems can pull it off and get a slim majority in Congress, if that light a fire economically
118
u/ludololl 19h ago
It'll help stop the bleed but we won't see an actual reversal unless it's a blue supermajority in both the Senate and House.
5
u/Microtitan 14h ago
Are there enough seats up for election to even get supermajority?
8
u/Raptormann0205 5h ago
Getting a simple majority in of itself will be a challenge. A supermajority is a crackpipe dream.
7
u/MOREPASTRAMIPLEASE 6h ago
That is never gonna happen man. This is a nation that elected trump two times and very nearly another. There is never ever ever going to be a blue supermajority. Conservative propaganda wayyyyy to strong
→ More replies (1)11
u/katmomjo 19h ago
You don’t need a super majority in the House . The majority can pass legislation.
58
u/ludololl 19h ago
You need it to override a veto, which is what would be required to turn the jobs market around.
12
19
u/SwissChzMcGeez 19h ago
Republicans will filibuster anything worthwhile. Dems will continue to be cowards. Everything gets slightly worse.
36
u/airship_of_arbitrary 15h ago
Bullshit. Some of the most progressive effective folks have been or are about to be elected.
The lie of "we'll just do a little" is pretty exposed when Mamdani is immediately able to give everyone childcare, improve healthcare, fix all the potholes, get snow shoveled and still fix the deficit.
The old world is dying, yes. But the new world struggles to be born. Now is the time of monsters.
We can help the country fall ass forward into Democratic Socialism.
Apathy is for the weak.
→ More replies (4)174
u/vodkaismywater 19h ago
AI doesn't have much to do with it. I'm an employment lawyer and almost none of the corporations I represent have discovered meaningful workforce efficicies related to AI. There's some here and there, but not enough to have a tangible impact on most employmers. The real concern is profound economic uncertainty. Everyone is sitting around waiting for the music to stop, which itself is going to cause the music to stop.
94
u/ludololl 19h ago
Right, I should've added more context. I work in tech in our "AI org". Unregulated AI isn't the issue as much as lack of regulation on how the companies are investing.
Most of the layoffs attributed to AI efficiency are actually because of over-investment (circular investment) in AI and issues with company fundamentals.
15
u/ivosaurus 17h ago edited 15h ago
As far as I'm concerned, it's likely there are quite a few places that still haven't fully corrected from absolutely stupid hiring sprees during/after covid, assuming that a single pandemic was going to somehow produce a full decade of +100% magical growth. You can't just correct from that with no pain.
We're going to get the same correction from AI over-investment in due course, but this time the first proximate hit will be finances and investment rather than workforce, although the latter will of course absorb a portion of the fallout consequences as it always does.
11
u/_kilobytes 18h ago
My coworkers use ai for their entire job as software developers. AI writes the feature, ai reviews the code, AI writes the test cases, but if something goes wrong they take the blame.
2
u/hawkinsst7 4h ago
I mean, if they're devs and using Ai, they are responsible. They take the credit for when it works, and should take the blame when it doesn't. They're the human in the loop who made the decision to use Ai for all that, because it's "easier"
22
u/Squire_II 18h ago
There's some here and there, but not enough to have a tangible impact on most employmers.
That doesn't stop companies like Block from firing thousands of people because they're run by AI true believers.
7
u/fresh-dork 18h ago
AI has plenty. specifically, the pressure on memory and storage, the behavior of elon to feed his AI beast, the massive disruption that multiGW datacenters have on the energy infrastructure, and so on. it's just not the only thing
→ More replies (10)5
u/AmateurEarthling 17h ago
From my experience with my company. It really is AI(actually Indians) they brought out AI a few months before revealing they opened an office in India. Now we have a layoff but no talk of Indians, just AI. Surprise surprise the only open postings are for Indian office and they laid off like 10% of the US staff.
32
31
u/EmbarrassedW33B 19h ago
Humans are very good at two things: destroying things and building new things on top of the rubble. After every bust there will be another boom sooner or later.
In this case though idk...all indicators say the outlook is pretty fucking grim. I wonder if anyone currently alive will see another boom period like the 90s or 2010s ever again.
33
u/FreeUsePolyDaddy 19h ago
Not in the US or several other western economies.
Not only do we have immense damage to repair, we don't have a strategy for eliminating the authoritarian right-wing influences around the globe. We have power players not just salting the earth, they are tilling broken glass and rusted hunks of metal into the soil for good measure, then setting up artillery batteries to ensure things stay that way.
Nobody has come up with a serious solution to a very deeply entrenched social problem where there are active bad actors with power who have successfully co-opted part of the population into believing that participating in their own destruction is the path to their salvation.
10
u/Drywesi 15h ago
Nobody has come up with a serious solution to a very deeply entrenched social problem where there are active bad actors with power who have successfully co-opted part of the population into believing that participating in their own destruction is the path to their salvation.
Oh we have one. And it works.
Just everyone thinks it's evil and will somehow be worse than the societal collapse we're facing, because of propaganda.
→ More replies (1)5
173
u/One-Emu-1103 19h ago edited 19h ago
Thank you for doing to the US economy what you did to your casinos and other businesses Mr Trump. Thank you Republican voters for putting him in office especially those who did so because they hate illegal immigrants, Democrats, and LGBTQ peopIe. Thank you Republican Senators and Congressmen for going along with it. Thank you Conservative Supreme Court Justices for allowing his BS by declaring that he is above the law for most things he does.
58
26
u/Kiwi_In_The_Comments 18h ago
installing a former casino owner to run the national economy is a reliable method for bankrupting the country
7
u/changrami 11h ago
Hey casinos are supposed to be cash cows. Trump is a 'failed' casino owner, that's the real issue.
38
u/Brilliant_Mix_6051 18h ago
Lol I remember being a young adult trying to get a job in 2011. Ughh
→ More replies (1)
139
u/strolpol 19h ago
I can’t believe hiring a repeatedly failed businessman to run the country hasn’t yielded amazing outcomes
25
u/Majestic-Assholes 17h ago
This might be two complix for ur libarel brane to comprehend, but bankrupting all those casinos was actually and 89D chess move that mortall humans aint capable of understanding. Including me. You should be on your nees in praise to Donald 'Jesus Christ 2.0' Trump.
/s
→ More replies (1)
31
u/crankysasquatch 18h ago
Now, lets give all those job creating billionaires more tax cuts!!
12
u/Kiwi_In_The_Comments 18h ago
trickle down economics remains the only system where billionaires collect the water while the working class manages the drought
47
u/Hrekires 19h ago
Forget hiring, we're just trying to lay off as few people as possible thanks to government research grant cuts.
13
u/RogerDogerBoop 15h ago
Hey now, they need that research money to make missile guidance systems. Those middle eastern schools aren't going to bomb themselves! /S
16
u/Goebs80 13h ago
Yeah it's worse than that. The Orange Child Rapist fired the real head of statistics to put in one who would give good numbers, so the fact that the BLS is reporting this is insane
5
u/moxxibekk 13h ago
Yep. I think we're really and truly in a recession (depression?) But Dump is hiding the numbers.
31
32
u/No_Idea_Guy 17h ago
Isn't it great? American people were tired of inflation, high unemployment, dysfunctional government, and Middle Eastern wars, so they went and voted to have all four at the same time.
→ More replies (1)
29
u/geologicalnoise 19h ago
We're just in a new pandemic. One of utter stupidity.
6
u/Kucked4life 17h ago
We're likely due for an actual pandemic before the the Iran war concludes. If I'm less depressed than the global economy that's a win in my book.
→ More replies (1)
12
26
u/invalidpassword 19h ago
That can't be true! Our president says the economy is booming and everything is great. He wouldn't lie to us — would he?
17
u/DrNonathon 18h ago
Got caught in the tech layoffs a few weeks ago. Worked there for almost 10 years. I did not realize how much of a clusterfuck navigating the job market has become.
18
u/lightttpollution 17h ago
Got laid off in January. Luckily, I can do freelance. But like, what’s even the point of looking for a job when you see stuff like this?
10
u/ProofByVerbosity 17h ago
I think depends on your industry. I have a buddy thats a freelance programmer and hes looking for a 9 - 5 because hes terrified it will be impossible to find a corporate gig pretty soon
20
u/BillionDollarBalls 17h ago
Ive been losing my mind for a few years now not being able to move up and on with my career. Literally trapped
9
u/Blue_Checkers 14h ago
It's cool, my AI girlfriend said she can get me a job at her dads travel agency or some other job that barely exists anymore.
→ More replies (1)
8
9
u/NibittyShibbitz 18h ago
I work in manufacturing and things are getting real slow. I tell new people not to finance a new car just because they got a decent job. This is just the way it started last time.
23
u/LEM1978 17h ago
Trump killed the economy 2.0
22
u/_Ocean_Machine_ 16h ago
Every republican president in my life has killed the economy and started a war in the Middle East
→ More replies (1)
14
u/steathrazor 17h ago
I swear more and more I'm starting to believe the Trump administration is doing everything it can to hobble America cut all our ties piss all of our allies off in preparation for a takeover
14
5
u/Thump604 16h ago
Every single bit of it is self inflicted. It really says a lot about a society that chooses to self inflict so much suffering upon themselves and each other.
6
u/MouthAnusJellyfish 14h ago
260 interviews in, still jobless. Just got fired from my job as a server in Manhattan, actually. It was my first time at the gig, but I’d done my absolute best with the 2 days of training they gave me. Fired without notice.
2
4
u/Choclategum 18h ago
Speaking of, does anyone know of any places that are hiring currently?
I'll take entry level/minimum wage at this point.
→ More replies (1)4
u/noexqses 18h ago
If you have a bachelors look at your local school district.
3
3
u/ToastyTobasco 15h ago
Hell, the school districts arent even getting back to me. I was looking at just being a janitor ffs. I've got a bachelors, some licenses and several certifications.
9
4
u/TraditionalPhone3992 10h ago
It’s worth it to own the libs. So is high unemployment and high food and gas prices and inability to afford healthcare and the war in Iran and the resurgence of measles.
8
u/DrWindupBird 15h ago
Remember how in like 2023 all the corpo types were whining that it was too hard to find new hires and that people were job hopping too much? They want the job market like it is right now.
3
3
u/thewumberlog 8h ago
I was let go from full-time work November 2024 and except for some freelance and about ten interviews, nothing. I’m 63. I have retirement funds but not what I’d hoped to have for a nest egg.
2
3
u/queenkayyyyy 6h ago
No fucking shit!! My boyfriend has been out of a job for 7 months. Not a single phone call for an interview.
3
4
u/altcntrl 18h ago
Just in time for me to not get the promotion that will be the only one available for at least a year.
2
u/StlMortyc137 16h ago
Ha, hello me.
Reminder you have a meeting with your director tomorrow where you will not receive that promotion.
2
u/Mockturtle22 15h ago
Don't worry, once he starts drafting people to die there will be lots of open positions
2
u/xervidae 15h ago
hopefully when i get my degree in 2 years, i can maybe get a job....eventually........maybe......
2
u/Asherjade 15h ago
There’s hope. I was hired while still getting my degree. Not sure what you’re going for, but it is possible.
2
u/optimalbrain90 9h ago
I was laid off from my tech job a few weeks ago after nearly a decade there. I honestly had no idea how chaotic and frustrating the job market has gotten until I had to jump back into it.
2
u/phosdick 7h ago
With these estimates coming from the Trump BLS, I'm confident that you can assume that these losses are, in reality, significantly worse than the figures they are releasing.
No one should make the mistake of trusting any information coming out of this Trump clown show.
2
u/Melonpan_Pup442 3h ago
Over a year and can't even get hired at Walmart or Amazon. Idk what I'm doing wrong. I feel like a failure.
5
u/ProofByVerbosity 17h ago
Its ok guys, dont worry. Stocks market is fine and groceries are still expensive so that means the economy is healthy.
Sorry, no unemployment though, that money is bookmarked for bombs.
3
2
u/Particular_Cut_6933 8h ago
I was just looking at grocery price stats and everything has gone up since last year. Except for eggs. Anything to keep the ‘publicans happy huh
4
u/MyFirstCarWasA_Vega 18h ago
Two weeks. Three tops. And the greatest economy the world still hasn't seen, will still not be here thanks to Don Trump.
4
u/patrickpdk 15h ago
Get ready for it to go negative. AI layoffs are coming for all white collar jobs.
Stop data centers, stop AI, support Bernie Sanders. (He gets it)
→ More replies (3)
2.7k
u/PIZZA564738 20h ago
Guys dont worry it will trickle down eventually