U.S. consumer confidence slumped to a nearly five-year low in April as growing concerns over tariffs weighed on the economic outlook.
US consumer confidence hits lowest level since May 2020 as President Trump's tariff policies fuel fears of rising inflation and a recession cnn.it/44yfLGz[image or embed]
" CNN (@cnn.com) April 29, 2025 at 10:19 AM
Related ...
United States Job Openings
tradingeconomics.com
... Job openings in the United States fell by 288,000 to 7.192 million in March 2025, the lowest in six months and well below market expectations of 7.48 million. The drop was broad-based, with the largest decreases reported for transportation, warehousing, and utilities (-59K), accommodation and food services (-42K), construction (-38K), federal governemnt (-36K), real estate and rental and leasing (-39K), and health care and social assistance (-37K).
On the other-------- openings increased in finance and insurance (25K), other services (20K), state and local education (17K), wholesale trade (10K) and manufacturing (4K). Regarding regional distribution, job openings fell in the Northeast (-180K), the South (-69K), and in the West (-76K), but increased in the Midwest (36K).
Meanwhile, hires held at 5.4 million, and total separations changed little at 5.1 million. Within separations, quits were unchanged (3.3 million) and layoffs and discharges edged down (1.6 million).
source: U.S. Bureau of Labor Statistics ...
#10: Trumpf won 49.8% of the eligible vote on 5 Nov (77,302,580 to Kamala's 75,017,613 or 48.3%). The Democrats had a superb post-COVID economy going, yet lost 6,265,888 votes between 2020 and 2024. These 6,265,888 voters didn't switch to the GOP-- they stayed home because of the Gaza genocide, just the way anti-war Democrats stayed home in 1968 rather than vote for pro-Saigon Hubert Humphrey, segregationist George Wallace, or Republican Richard Nixon. Now we in 2025 are in the same shhtshow as Democrats were in 1969. but in a far worse economic crisis: cascade.madmimi.com
"... Job openings in the United States fell by 288,000 to 7.192 million in March 2025"
You do realize that the job openings number is rife with fake job openings that are just used to gather potential employee data and/or justify hiring H1B's, right? I mean, it is all you hear from the Millennials and GenZ.
"Meanwhile, hires held at 5.4 million, and total separations changed little at 5.1 million. Within separations, quits were unchanged (3.3 million) and layoffs and discharges edged down (1.6 million).
#2 | Posted by LampLighter"
I am not surprised that this part of the report understated the data.
What really matters is the decrease in layoffs: "Layoffs fell 222,000 to 1.558 million, continuing to anchor the labor market." www.reuters.com
So, fake job postings fell by 3.9% BUT ACTUAL LAYOFFS fell by 12.5%. That shows growing strength in the US labor market. With the re-shoring of jobs over the next 6 months, American workers are poised to get wages increases and finally start to get back some of their purchasing power that Biden stole through his rampant inflation.
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