June Job Cuts Worse Than During Financial Crisis & COVID

Tuesday, June 23, 2026

Job cuts at U.S. factories ran near their highest levels since the end of the global financial crisis in 2009 and the Covid-19 pandemic as worries grew over global demand and rising costs, S&P Global reported Tuesday. Manufacturers have indicated job cuts for three of the past four months as they seek to reduce headcount over costs and demand concerns.

Posted by americanunity at 11:57 AM | 7 COMMENTS | permalink | Comment on This Entry |

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Trump took credit for the roaring economy Obama left him, and had people to put up guardrails to thwart Trump's worse instincts.

This time, he hired nothing but lackeys, took a strong economy Biden left him and wrecked it all by himself.

#1 | Posted by AMERICANUNITY at 2026-06-23 12:01 PM | Reply | Funny: 2

Obama's fault!

#2 | Posted by Nixon at 2026-06-23 01:49 PM | Reply

FTA

"Despite the worries of manufacturing cuts, the jobs picture has been largely solid this year, with strong gains in four of the five months. Manufacturing employment has risen by 23,000 in 2026, according to the Bureau of Labor Statistics."

Somebody's pants are on fire...

#3 | Posted by lfthndthrds at 2026-06-23 04:45 PM | Reply

"Somebody's pants are on fire..."

Gee, d'you think it's the folks who lie to us daily?

#4 | Posted by Danforth at 2026-06-23 05:03 PM | Reply

#4 | Posted by Danforth at 2026-06-23 05:03 PM | Reply | Flag:

Look at the first two comments and (with a straight face) tell me they picked up on what I copied and pasted into my #3. I have 10 bucks that says they didn't even open the article.

#5 | Posted by lfthndthrds at 2026-06-23 05:31 PM | Reply

Manufacturing employment has risen by 23,000 in 2026, according to the Bureau of Labor Statistics.

Gee, that's 460 jobs average per state! Wow!! (/sarcasm)

#6 | Posted by AMERICANUNITY at 2026-06-23 06:06 PM | Reply

PS - This Trump term most job growth has limited to the health care sector.

#7 | Posted by AMERICANUNITY at 2026-06-23 06:08 PM | Reply