Drudge Retort: The Other Side of the News
Thursday, September 04, 2025

Warning signs have been flashing for months that the US job market has been losing steam. That became starkly clearer in July, and the early data for August isn't looking much better. New metrics released Thursday showed that first-time claims for unemployment benefits rose to an 11-week high; that private-sector businesses sharply reined in their hiring last month; and that last month was the worst August for layoff announcements since the Great Recession.

More

Alternate links: Google News | Twitter

"The labor market is showing signs of cracking," Heather Long, Navy Federal Credit Union senior economist, wrote Thursday. "It's not a red siren alarm yet, but the signs keep growing that businesses are starting to cut workers." The latest data tees up an August jobs report that, when released Friday morning, is expected to show another month of tepid job gains. Economists have forecast that the economy added 80,000 jobs last month, which would be a slight increase from the slower-than-expected 73,000 net gain in July.

Comments

Admin's note: Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

This is all lies. The real numbers will come along soon from our new head of BLS who was definitely picked for their expertise and thoroughness and not at all for fealty to Trump.

#1 | Posted by johnny_hotsauce at 2025-09-04 11:47 AM | Reply

New metrics released Thursday showed that first-time claims for unemployment benefits rose to an 11-week high; that private-sector businesses sharply reined in their hiring last month; and that last month was the worst August for layoff announcements since the Great Recession.

Another epic failure from the decomposing orange child rapist.

#2 | Posted by reinheitsgebot at 2025-09-04 01:34 PM | Reply

The following HTML tags are allowed in comments: a href, b, i, p, br, ul, ol, li and blockquote. Others will be stripped out. Participants in this discussion must follow the site's moderation policy. Profanity will be filtered. Abusive conduct is not allowed.

Anyone can join this site and make comments. To post this comment, you must sign it with your Drudge Retort username. If you can't remember your username or password, use the lost password form to request it.
Username:
Password:

Home | Breaking News | Comments | User Blogs | Stats | Back Page | RSS Feed | RSS Spec | DMCA Compliance | Privacy

Drudge Retort