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Drudge Retort: The Other Side of the News
Sunday, August 03, 2025

"Job seekers are out in the cold this summer. Especially the ones who have been hunting for a while," the Wall Street Journal reports.

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Not only is today's employment report uniquely bad, but revisions to the prior months show that, on average, we have seen 35k net new jobs created for the last 3 months: JAN: +111K FEB: +102K MAR: +120K APR: +158K MAY: +19K JUN: +14K JUL: +73K No way to put lipstick on this pig.

-- Ali Velshi (@velshi.com) Aug 1, 2025 at 9:25 AM

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Beyond the headline-grabbing top-line numbers in the jobs report for July was another striking piece of data: The number of people unemployed for at least 27 weeks topped 1.8 million, the highest level since 2017

This epic level of failure is expected from the bankruptcy-prone orange turd.

#1 | Posted by reinheitsgebot at 2025-08-03 09:30 AM | Reply | Newsworthy 1

Companies do not yet appear to be laying off workers in large quantities.

However, companies also do not appear to be hiring new workers because of the economic uncertainty.

#2 | Posted by LampLighter at 2025-08-03 02:16 PM | Reply

Hiring Confidence Wavers as US Employers Reassess Growth Plans for 2025 (July 25, 2025)
albanyceo.com

... As summer unfolds, many U.S. employers are taking a hard look at their hiring plans, and what they see is prompting a more cautious approach.

A new survey conducted by The Harris Poll on behalf of Express Employment Professionals reveals that while most hiring managers (78%) still feel positive about their company's hiring outlook for the remainder of 2025, that optimism has dimmed since last fall, when 84% felt confident. At the same time, concern is growing: 37% now express a negative outlook, up from 30% just months ago.

Behind these shifting sentiments lies a more restrained hiring strategy.

Only 58% of companies plan to increase their workforce in the second half of the year, a noticeable drop from 63% in the fall of 2024. One-third of employers expect to hold steady, while 7% anticipate cutting back.

For those still planning to hire, the reasons are clear: they need to manage growing workloads (52%), fill newly created roles (49%) and replace employees lost to turnover (42%).

But for others, the focus has shifted to tightening budgets.

Among companies planning to reduce staff, more than half (54%) cite cost-cutting as the primary driver, followed by adapting to government policy changes (26%) and responding to declining demand (25%). ...



#3 | Posted by LampLighter at 2025-08-03 09:22 PM | Reply

This has been a thing for the past two-three years.

I noticed a little upswing in demand over the last 6 months. Yet much lower than it was 4 years ago.

#4 | Posted by oneironaut at 2025-08-03 09:56 PM | Reply

... "Job seekers are out in the cold this summer. Especially the ones who have been hunting for a while," the Wall Street Journal reports. ...

From the cited article ...

... "Beyond the headline-grabbing top-line numbers in the jobs report for July was another striking piece of data: The number of people unemployed for at least 27 weeks topped 1.8 million, the highest level since 2017, not counting the pandemic's unemployment surge.

The median length of unemployment in the U.S. has also ticked up, from a seasonally adjusted 9.5 weeks in July 2024 to 10.2 weeks last month." ...


#5 | Posted by LampLighter at 2025-08-03 10:04 PM | Reply

Tanya Donelly - Pretty Deep (1997)
www.youtube.com

Lyrics excerpt ...

genius.com

...
[Verse 1]
Do I look like a liar?
Do I look like a liar to you?
...

#6 | Posted by LampLighter at 2025-08-03 10:19 PM | Reply

Don't worry. Next months job numbers, pulled from the posterior of the Trump Administration, will be FAR more optimistic.

#7 | Posted by Whatsleft at 2025-08-04 10:34 AM | Reply

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