Thursday, December 11, 2025

Powell Says Trump Is Drastically Overstating Job Numbers

Fed Chair Jerome Powell pointed on Wednesday to a job-market risk that economists have been worried about for months: Official statistics could be drastically overstating recent hiring.

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The Trump regime may have stopped BLS monthly job reports to hide bad numbers, but can't hide the job market from the public. Vibes might be able to convince people the job market is worse than it really is, but it's very hard to sell the idea that the job market is much better than it really is.

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-- Nicholas Grossman (@nicholasgrossman.bsky.social) Dec 4, 2025 at 8:44 AM

Comments

... Official statistics could be drastically overstating recent hiring. ...

When Pres Trump soils his pants and fires a person for reporting statistics he does not like, that casts a pall over any subsequent statistics that may be released by the Trump administration.

#1 | Posted by LampLighter at 2025-12-11 03:28 AM

Federal data released Thursday shows that the number of Americans filing for unemployment benefits surged last week, another indication of growing instability in President Donald Trump's economy as corporations lay off workers en masse and prices continue to rise.
For the week ending December 6, new unemployment claims jumped to 236,000"an increase of 44,000 from the previous week, according to figures from the US Labor Department.

www.rawstory.com

The decomposing------------- is hoping to snuff the economy like it's Herman Cain.

#2 | Posted by reinheitsgebot at 2025-12-11 01:13 PM

"For the week ending December 6, new unemployment claims jumped to 236,000"an increase of 44,000 from the previous week, according to figures from the US Labor Department."

The solution is obvious.

Just stop the Labor Department from publishing figures, and the problem goes away!!!

#3 | Posted by Danforth at 2025-12-11 01:22 PM

Only 31% of U.S. adults said they approve of how Trump is handling the economy, which is down 40% from March and "marks the lowest economic approval he's registered in an AP-NORC poll in his first or second term."

www.rawstory.com

Ouch.

#4 | Posted by reinheitsgebot at 2025-12-11 03:40 PM

Who are the bigger threats to the US?

MAGAts or the Venezuelan drug runners in boats that can't even reach the US?

#5 | Posted by Sycophant at 2025-12-12 04:58 AM

Friends, don't forget: THE RELEASE OF THE EPSTEIN FILES IS LESS THAN TWO WEEKS AWAY...

#6 | Posted by catdog at 2025-12-12 08:47 AM

THE RELEASE OF THE EPSTEIN FILES IS LESS THAN TWO WEEKS AWAY...

Pedophiles, I want you to know how important you are to me," reads another email from Trump's campaign to Epstein, dated Oct. 1, 2020, and signed off on by Trump.

"I'm turning to my strongest supporters, like Pedophiles," reads another, dated Oct 25, 2020.

www.rawstory.com

#7 | Posted by reinheitsgebot at 2025-12-12 09:00 AM

"drastically overstating" = "COMPLETELY MADE-UP --------"

#8 | Posted by LegallyYourDead at 2025-12-12 11:43 AM

Our economy is currently in a tug-of-war between Trump and reality. Reality will eventually prevail, because Trump can't hide what's happening at the kitchen table. But will reality prevail soon enough?

#9 | Posted by Whatsleft at 2025-12-12 01:34 PM

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