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File: 1750343537294473.jpg (117 KB, 896x849)
117 KB
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https://www.forbes.com/sites/maryroeloffs/2025/11/06/more-than-1-million-jobs-have-been-cut-this-year-report-says/

Private and public employers cut 153,074 jobs in October, according to a report from career services firm Challenger, Gray & Christmas, a 183% increase from the month before and a 175% spike over the same month last year.

More than 1 million jobs have been cut so far this year, up 65% from the 664,839 announced in the first 10 months of 2024 and 44% more than cuts made in all of 2024.

The government, responsible for more than 300,000 job losses, remains the sector with the most cuts this year, followed by the technology, warehousing, retail and service sectors.

Job cuts have surpassed 1 million in a year only four other times in the last 32 years: 2001 (when the dot-com bubble burst), 2008 and 2009 (in the midst of the Great Recession) and 2020 (when the COVID pandemic struck).

Andrew Challenger, chief revenue officer and labor expert for Challenger, Gray & Christmas, blamed the adoption of artificial intelligence, federal budget cuts, lower customer and corporate spending and rising costs for the job cuts announced in October.

Last month brought the highest number of job cuts for any October since 2003, when large layoffs were announced in the telecommunications sector as cell phones gained wide adoption.
>>
Surprising Fact

Challenger said to see so many job cuts in October is surprising because large layoff announcements in the fourth quarter have fallen out of vogue. He said the onset of social media has brought negative publicity to companies that lay off workers before the holidays, calling the practice "particularly cruel."
What To Watch For

Challenger anticipates a further loosening of the labor market as those who have been laid off struggle to find new jobs, and said he doesn't expect a strong holiday hiring season. The firm says companies have so far announced plans to hire about 375,000 seasonal employees, the lowest number of seasonal hires announced by November since Challenger began tracking in 2012.
Key Background

Few measurements of the American labor market are available amid the government shutdown, and large employers like Amazon, Starbucks, Target and UPS have all announced layoffs in recent weeks. A Wednesday report from payroll processing firm ADP, however, showed that employment in the private sector accelerated faster than expected last month. Recent months brought a historic decline in private sector payrolls, but 42,000 jobs were added in October, the report says. The Federal Reserve has forecast a weakening labor market in recent months, but Fed Chair Jerome Powell said last week he has seen only a "very gradual cooling."
>>
It's fine. Think about all those day laborer positions opening up with all these deportations.
>>
>>1455405
>They love the Bible
>Ignore the verses
A lot of Trumpists are going to Hell for not obeying the first of the Ten Commandments, or they would just point and laugh at that inferior orange thing, and wouldn't worship him as a god.
This is proved by others not exactly like them having the temerity to not worship Trump like they do and screaming 'Heresy!' when people say wrong things about him.
The fact they react in this way proves they're a heretical cult themselves, or they wouldn't care what non-cultists say about Dear Leader.
But then, they wouldn't care about their Dear Leader if they were the Christians they claim to be.
Your god with hair of clay has broken most of the Ten Commandments. Gee, I wonder why that which ensures you've broken the 1st of such said he doesn't think he's going to Heaven, cultists?
inb4 'What'?
>>
>>1455413

Most folks won't work for $5.00 an hour in cash, undocumented, income anymore. Yes, this has led to increased food prices.
>>
>>1455448
What?
>>
>>1455458
What?
>>
>>1455405
Trump Administration: If it sounds good, do it!
>>
>Consumer Sentiment Weakens To Lowest Level In Nearly 3.5 Years
https://www.huffpost.com/entry/consumer-sentiment-weakens-lowest-level-nearly-3-half-years-new-study-shows_n_690e1481e4b03cb128ffa5c9

When the IA bubble brusts, the trump depression is happening
>>
>>1455405
>abandon the vet
The same way Biden abandoned those Americans in Afghanistan after he got 13 soldiers killed?

I'm sorry, didn't mean to interrupt another of your Orange Man Bad circle-jerk threads.
>>
>>1455545
Oh look he's trying to derail the thread topic again.
>>
>>1455548
Anything to distract from trump betraying the troops and starting multiple wars while crashing the economy
>>
>>1455531
Bidens economy, right?
>>
>?
>the use of a question mark is very telling
>Trump''s economy, wrong
ftfy
>>
>>1455448
You have TDS
Looked outside yourself and gain a new perspective.
>>
MAGAts now have MDS
>Looked outside yourself and gain a new perspective
>Looked
The shill needs to look inside itself and realize that not going to English classes and providing evidence of that fact isn't a good look, certainly when others who are American would say 'Look outside of yourself and gain a new perspective'.
Illiteracy only makes one inferior to everyone else.
>>
>>1455638
Nah, this is trump's economy because of the tariffs, cash give away to the rich at the expens of everyone else and price gouging.
>>
>>1455914
Can a tariff complainer please reconcile their beliefs in taxes?
>>
>>1455915
Yeah I believe in taxes. Tariffs are additional taxes, and additional taxes that apply to all will inevitably screw over everyone but the rich.
>>
>>1455915
>just tax the poor people bro
How do you live with yourself?
>>
>>1455936
But the poor pay taxes too. Mostly into Medicare and Social security.
The question here is, if taxes on foreign goods cause prices to rise, then it follows that taxes in general raise prices, correct?
>>
>>1455942
>Guys if we make it more expensive for stores to buy products, it makes the products more expensive
>So obviously asking millionaires to pay more taxes will also raise prices
>>
>>1455942
>taxes in general raise prices, correct?
No. As an example, taxing minimum wage workers an extra 5% isn't gonna raise the price of jack shit. If anything you would expect prices to fall with reduced demand.

Not everyone can pass on increased taxes to someone else.
>>
>>1455943
You don't understand, the millionaires NEED their obscenely high profits. If you ask them to pay a little more in taxes, they're going to instantly increase their prices to compensate. The free market is powerless to stop it because everyone will conspire and raise their prices together!
We need to tax the poor instead.
>>
>>1455451
It’s probably the other direction idiot. If $5 would cover living expenses people would work it.
Because the cost of living is constantly on the rise since KPI must go up, people need to earn more to live.
>>
>>1455966
>You don't understand, the millionaires NEED their obscenely high profits. If you ask them to pay a little more in taxes, they're going to instantly increase their prices to compensate.
Well, this is the basis of tariff-hate. Actually it's to win the next election and many people know it. I wish Democrats would just shut the fuck up. But they won't. Ever.
>The free market is powerless to stop it because everyone will conspire and raise their prices together!
Free what? There's no free market. Do you really believe that there's a free market?
>We need to tax the poor instead.
No we don't. We need to create regulations that discourage mega-corporations and ensure that billionaires don't happen.
We need to separate certain sectors from running on government funds, which is the opposite of free market, such as healthcare which is inflated intentionally using government subsidies.
So smarmy little cunts, like yourself are literally talking literally talking about eating the rich out of one side o dey mouf, while out of the other side o ya mouf ya be sayin' "Jus gib'em da monies".
What retarded faggots. Disgusting.
>>
>>1455971
>Genuinely incomprehensible post
>>
>>1455966
>If you ask them to pay a little more in taxes, they're going to instantly increase their prices to compensate.
Isn't this the exact same argument Democrats make about tariffs?

I mean, both sides are correct honestly. More taxes, whether it's corporate or tariff, will cause prices to rise.
>>
>>1455983
Taxing actual products and materials will make prices rise much faster and higher than taxing the individuals behind them though.
>>
>>1455986
And if they all conspire to equally raise their prices as a result of the taxes, that opens criminal liability for price fixing.
>>
>>1455986
Explain why this is true, please.
>>
>>1455971
>rightards that wish for the 'good old days': the 1950s
...when the top rate of tax was 91%. This was when people voted for a Republican president twice.
>>
>>1456013
When the decline though the 60s and 70s was so rapid and tangible that no one knew what the fuck to do aside from Reagan? When prosperity was do damaged it lead to ending the gold standard, rapid increase in interest rates until the late 80s. Then finally stabilized until Bill Clinton signed NAFTA, and laid the ground work for China to take over US industry?
The 50s were only notable because this shit didn't happen yet.
>>
>>1456017
And yet, there was a Republican president who was not only all for free trade, he considered it to be a major force in spreading Freedom to other parts of the world. What is known as Soft Power. Today, there are countries who don't impose tariffs on other countries because there is free trade among them. It's to their mutual benefit. There aren't increased prices in those countries, certainly between those countries which freely trade with each other. Indeed, some months ago a major head of state visited another country which already had good relations. The result of said visit was not only strengthening their alliance but increased trade between those countries, and no tariffs. That is an example of Soft Power. It works.
A quote
'We will fail in this endeavor if the free countries do not continue their reduction of the barriers which they themselves impose on their trade with each other'
So there are those who hate Freedom.
>>
>>1456017
Reagan marked the beginning of the end of America because he went scotched earth against the working class due conservatives scared of gains made by workers, women and minorities in the 1960 and 1970
https://www.alternet.org/alternet-exclusives/maga-fan-complaint/
>>
>>1456017
you know nixon ended the gold standard right? and for the sake of a selfish gamble on the economy reversing course from a near inevitable recession. and you know nixon was also the first pro red china president in history, right. the only redeeming quality he has and doesn't share with trump is that he has enough self-awareness to quit after being thoroughly exposed as a crook. and he was the last republican president to ever be so savvy, from reagan onward it's nothing but idiots from the top down
>>
>>1455405
Fuck off with your 2004 tier DNC memes.
It's all "facts" stitched together that are essentially useless at best, or misrepresentations.
Everyone knows MAGA is effectively a third party.
>>
>>1456028
Holy shit, Birdsong, you realize MAGA is syncretic and criticizes Reagan for listening to lolberts?
>>
>>1456033
>and you know nixon was also the first pro red china president in history

ahistorical nonsense

You have to be bait.
>>
>>1456039
>https://en.wikipedia.org/wiki/1972_visit_by_Richard_Nixon_to_China

>Nixon dubbed his visit "the week that changed the world", a descriptor that continues to echo in the political lexicon


why are you so in denial though? dumb or something more sinister?
>>
>>1456037
>>1456038
>Conservatives trying to gaslight like trump.
MAGA is the logical end of end of conservationism's continued slide further and further to the right the past half a century.
You guys have always wanted to kill democracy, trump was the guy to actually pull the trigger for that as you gleefully follow him.
>>
>>1456042
Amazing, pathetic
AHISTORICAL
NONSENSE.
with some ASL thrown in.
>>
>>1456042
You have TDS. MAGA was the result of millennials and Gen X that didn't support the Christian Republicans, but they have fatigue from the Democrats being pro crime and open borders and non stop virtue signaling to troons and blacks that want them to apologize for being racist by shooting the "youth" trying to rape his wife. The rift within conservatives is because half of them want the christians and zionists gone and just want smaller government.
>>
>>1456043
Conservatives have always been authoritarian, we're seeing it play out right now. But keep lying, it only makes you look worse
>>
>>1456043
>ASL
american sign language? sir?
>>
>>1456045
>conservatives have always been authoritarian
don't threaten me with a good time, rajesh.
>>
>>1456044
>>1456047
>trump shill using NPC terms
See
>>1456045
Again, conservatives have always been authoritarian, they've just been sliding furthe and further right wing until we've reached the fringe to where people like reagan are seen as liberal because republicans are now so far to the right wing.
>>
>>1456047
trying to convince us you're white again, huh
>>
>>1456027
So?
>>1456028
Clinton did, actually.
>faggot blogshit link
>didn't read
>don't care
>>1456033
Yes, and you know why? FDR set that course with the New Deal and taxing literally everything. That's the fucker who set the course. And the US has been trying to keep the FDR pyramid schemes afloat ever since.
Now, are New Deal policies bad IMO? No. But they are pyramid schemes that require a growing population and honest participants.
>>
>>1456059
the bretton-woods based gold standard wasn't a pyramid scheme, it was the last stable global economic policy we had, and there's no replacement in sight. as for the new deal, most of FDRs policies were ended in his lifetime, and the supposed course was completely reversed by the reagan era
>>
>>1456064
just like neocons aren't conservative, they just know who to swindle
>>
>>1456064
>No true scotsman
He's an authoritarian, that makes him a textbook conservative no matter how much you're going to lie.
>>
>>1456069
you don't know many english words do you
>>
>>1456069
>Whatabout
sup vatnik, still haven't been conscripted and droned yet?
>>
>>1456063
So, you're telling me Social Security no longer exists? Medicare is gone?
These two programs alone count for most of the government's spending. There's nothing even close at this point.
They've technically been a drag on the economy since their inception.
The economy was so damaged by this the trickle down you despise was the only solution to fix it. And a temporary one.
At this point the government is giving some businesses money to operate, such as the dead CEO's company: UHC. They're now paying negative taxes because much of their income comes from Medicare administration (capitation).
So, we've now entered an era there the Reagan tax cuts you hate, are now negative tax rates for some companies. And the Democrat's reason for holding out is so people don't lose healthcare.
The problem is that these businesses are no longer solvent at any positive tax rate. So, tax billionaires whatever you want until no one can afford stuff, then have the government subsidize them and let the negative taxation begin.
Good idea?
>>
>These two programs alone count for most of the government's spending.
you couldn't help but lie immediately
what a faggot
>>
>>1456072
you need a better translator app
>>
>>1456072
I'm having trouble finding anything that's not a lie or false premise in this post.

Doesn't matter, this is just more proof that tricklet down economics is a total failure and anyone who still shills it should be banned from any position of power or influence.
>>
>>1456074
>faggot found a typo
>faggot is being gay
Why do you post here?
>>1456073
Oh, OK. then what does the government spend the most money on?
>>
>>1456078
>a typo
no, plenty more than that. fix it if you don't want to get mad, "faggot"
>>
>>1456079
>we
>prison fantasies
>repeating the same buzzwords he gets made fun of for
your salt levels are humorously high
>>
>>1456073
>>1456075
2022: 40% of spending was on healthcare and Social Security.
https://en.wikipedia.org/wiki/Government_spending_in_the_United_States#/media/File:2022_Total_US_Government_Spending_Breakdown.png
>>1456080
Why not just not post? Lurk more. Your input is fucking useless.
>>
>>1456082
>In the 1990s, a federal law was signed to make audits for all the government programs and organizations mandatory, and since fiscal year 2013 all but the DoD have been able to satisfy that requirement. It was only 20 years later in 2017 that the Department of Defense Held its first comprehensive audit in history, which it promptly failed the next year. After auditors analysed the DoD’s $3.5 trillion in assets and $3.7 trillion in liabilities, officials found that "the department couldn’t account for about 61 percent of its assets"
so you picked a year where health spending was ramped up to insane levels due to covid, which the private sector had a field day defrauding, and also ignored well known factors like the above fact
>>
>>1456082
Let's address negative taxation now using UHC as an example.
UHC was paid $137 billion for Medicare Advantage plans alone (keeping in mind that's only one sector of healthcare so it's not even the full picture), how much did UHC pay in taxes in 2022?
About 6 billion.
>>
>>1456084
>so you picked a year where health spending was ramped up to insane levels due to covid,
Oddly enough, that's what Democrats are noted as wanting to preserve.
Check. Mate. Fuck you, faggot.
>>
>>1456086
>when corporations steal from the government that's actually your fault
LOL. get the corporate cock out of your mouth already, shill, you'll never be on their level with this shit job of yours
>>
>>1456085
If people were serious about fixing healthcare medicare advantage would be ended, full stop.
>>
>>1456086
Also, here's 2012: https://www.usgovernmentspending.com/federal_budget_estimate_vs_actual_2012
>>1456086
I bet you thought it was military spending or something? lol what a stupid fucking faggot.
>>
>>1456088
well, that was a development from 2003. guess who was president in 2003
>>
>>1456087
Why is the government shut down right now?
And why are you a dumbfucker who accidentally cocksucks billionaires? Enjoy smoking a meat popsicle though a hole in a shady wall, you're not really sucking cock if you're too dumb to know it's really a cock, right?
>>
>>1456091
you sure have lost the plot, shill. maybe if you spam the same lie 100 more times a new result will occur, but i doubt it
>>
>>1456092
Hey, answer the hypothetical here.
If you're too retarded to know you're sucking a fat veiny cock, are you really still sucking a big honking cock?
Better lick them fucking boots like you've been trained, commie boy.
>>
>>1456093
i know you want to get back to your regularly scheduled talking points but we're having a conversation about something else, shill
>>
>>1456088
Well, if you've got to have state healthcare, it's the cheapest option for the end-user.
The other options are Original Medicare, which has insane copays, and Medicare Supplement which has insane Premiums.
In reality all forms of modern insurance are pretty scammy and it would likely be better to set up a saving account that pay someone a monthly subscription to healthcare.
>>
>>1456095
Or, nationalize the whole system and cut out the leeching corpo middlemen entirely.
What's this about them taking 80% of all money going into healthcare?
>>
>>1456094
About the glory hole where you accidentally suck the billionaire cock?
No, it's all tied together.
>>
esl shill can't get cock off his brain, sheesh
>>
>>1456096
>Cut out the leeching middle men
>Have medical care and policy become a matter of legality
Interesting amount of faggotry.
The only good thing about the current setup is that the government exists to reign in and hold accountable companies that provide healthcare.
More robust FWA accountability is needed.
>What's this about them taking 80% of all money going into healthcare?
Probably true. But in legality, they can actually only take 20%. That's why the healthcare sector is inflated. Since it's inflated that 20% is a bigger wad of cash.
And they can spend excess where ever they see fit. For instance as long as they offer a service (such as a gym membership) it counts as providing "preventative care". Thus why every vacant building in your city is now a gym.
Or they cam provide OTC items, thus why there's a Walgreens or CVS on every corner in your city.
>>
>>1456098
At least if I were sucking billionaire cock, I'd be intelligent to realize it was a cock.
You've spent the past 30 days complaining about bigger cock for your mouth aka keeping the 2017 COVID ACA subsidies, that anon just decried to complain about my source.
Nigga fell for my trap card.
>>
>>1456100
you're impossible to take seriously. also your name is literally esl shill around here
>>
>>1456102
>ad hom
>non retort
Yet another concession from the retarded shitlord and resident seether? Interesting.
>>
>>1456105
what's the ad hom? you reply to posts with your name in them, esl shill. you did it just now
>>
>>1456099
All your wall of text proves is the corporations have corrupted the system and should be cut out entirely.
I'd rather have a bureaucrat dotting all the I's and crossing every t, than a corporation looking for any excuse to deny me my rightful healthcare so they can pocket more money.
>>
>>1456108
OK, is that what the Democrats are shutting the government down to do right now?
I don't agree with your fantasy fully, but can we focus on current reality than your need for forced MAID.
>>
>>1456109
you really can't have a single organic conversation without trying to slip your slimy little shill talking points in, can you? you disgust me
>>
>>1456109
You mean trump and the republicans shutting down the government.
Can't take anything you say seriously if you're going to start off with such a brazen lie.
>>
>>1456110
This was my entire point then entire time.
Now that you understand where I'm coming from, you now realize that the system has fallen prey to corporations. You now realize they spend billions lobbying to create policy and enact laws.
Do you believe we should preserve the emergency funds that were provided for COVID to people making up to 200K per year or no?
>>1456111
Took a vote. 52 Buttpluglicans want to open the government. Not even 8 democrats agree. I don't think your fantasy holds water. Go back to unknowingly chewing on that billionaire cock, and lurk more like you should.
>>
esl shill really didn't like being called a metaphorical cocksucker, and it shows
>>
>>1456113
>52 votes
That a majority
Thanks for confirming that's another staged vote by republicans to keep the trump shut down going.
>>
>>1456113
>Do you believe we should preserve the emergency funds that were provided for COVID to people making up to 200K per year or no?
I'll wait for the answer while you ask for direction on DailyKOS or Reddit or whatever.
>>
>>1456114
You do know not everyone who disagrees with you is your "esl shill" windmill, right?
There's at least 3 people who post on this board. Maybe even up to 5.
But anyone who isn't cocksucking leftism is the same person to you.
>>
esl shill always comes when called
>>
NTA, but you're getting really butthurt over his observations.
But that's expected of election tourists since even the idea that there are people who oppose their far right conservative ideologies on 4chan is inconceivable to them.
>>
>>1455405
https://www.youtube.com/watch?v=0kbkysPTnHc
Social media has primed an environment where this type of degeneracy is not only accepted, it thrives. Social media desensitizes and radicalizes even moderates into believing heinous and abhorrent behavior is acceptable under the correct context. Spend just 5 minutes on Twitter, Facebook, Reddit, you will find hordes of these deranged people. They exist among us. The FBI knows about them but never acts until it is far too late. Western society is on a one-way fast track to collapse as long as social media continues to destroy minds and decay the culture.
>>
>>1456126
That's because the worst violence comes from the far right, and far right conservatives are hell bent on covering it up and then telling everyone to ignore any attack they cause.

Like when they lost their shit over a 2009 report revealing the extensive threat of far right terrorism.
https://www.cnn.com/2009/POLITICS/04/15/extremism.report/

Or trump quietly destroying a report that showed far-right attacks continues to outpace all other types of terrorism and domestic violent extremism in the aftermath of Charlie Kirk getting killed by a groyper
https://www.congress.gov/119/meeting/house/118612/documents/HHRG-119-JU00-20250917-SD057-U57.pdf
>>
>>1456133
>Deaths
>Doesn't focus on general disorder ad violence
nice try esl shill.
>>
>>1456122
>>1456124
Nice samefagging. You're going great tonight esl shill.
>>
1456135
1456136
>Study is about terrorism, which are planned attacks
>Let me try to derail that with a different type
>And project too.
The sad thing is this is probably a paid shill ordered to shit up /news/.
Or worse, one who does it for hot pockets.
>>
>>1456062
>privilaged
Time to start pointing and laughing at the lolcow that has such an inferior education, it can't spell. People are privileged to be superior to things such as the hypocritical shill reduced to terroristic threats.
>>
>>1456059
So you hate Freedom
>>
>ad violence
>ad
>not 'and'
Trump had his fee-fees injured when Canada used an audio recording of a previous Republican president in a commercial. Reality can be lethal to rightards' wrong opinions. And a good education kills shills' credibility.
>>
>>1456161
Or did you see how much he was seething when people were booing him at the football game? And that's his people too.
>>
>>1456628
>Detroit Lions vs. Washington Commanders
>who lost
Blue Team winning being an omen of things to come



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