https://edition.cnn.com/2025/12/03/economy/us-adp-private-jobs-report-novemberSmall businesses are “starting to crack” amid a weakening economy, rising costs and fickle consumers; and they drove job losses in the US private sector in November, new data showed Wednesday.Payroll giant ADP estimated that 32,000 jobs were lost in the private sector last month, a large drop-off from the upwardly revised 47,000 jobs gained in October.The job losses were overwhelmingly at small establishments (classified as having between one and 49 employees), which shed an estimated 120,000 jobs last month. Medium and large businesses added 51,000 jobs and 39,000 jobs, respectively.By industry, the losses were more broad based, with some of the deeper drops in industries such as professional and business services, information and manufacturing.Economists were expecting that 40,000 jobs would be added, according to FactSet.Private employers have shed jobs in four of the past six months, ADP data shows. The net loss of 32,000 reported for November is the largest monthly drop in two and a half years.ADP’s estimates, which are drawn from anonymized and aggregated payroll data from its clients, don’t often fully correlate with the official monthly jobs numbers that are released by the government.However, ADP’s reports have gained prominence in recent weeks, because the historic federal shutdown mangled statistical agencies’ abilities to collect, analyze and release economic data.The November jobs report, which originally was supposed to be released Friday, has been delayed until December 16 and will include partial data from October.
>>1462095Pathetic we need to get job numbers from this because trump is censoring the official report because it makes him look bad
>>1462095Very soon there'll be people saying to Trump politically 'You're Fired'
>>1462095Not looking good for a holiday economic boost. November is historically when seasonal hiring explodes. If we're losing 32,000 jobs right now its about to get much worse.5% decrease in holiday spending might be optimistic.
>>1462095Unemployment is officially the highest it's been since September 2021, when the Biden administration finally corrected course from the recession Trump caused the first time he was in office.Republican admin crashes the economy, America votes for Democrats to clean up the mess, Democrats clean up the mess, America votes for Republicans to punish Democrats for not cleaning up the mess fast enough.The cycle of US politics for the last 40 years.
>>1462115>Unemployment is officially the highest it's been since September 2021,4.8% is literally lower than at any point during Obama's 8 years. Sure, it's not as good as Trump's eye wateringly low unemployment rate of 3.4% from 2019, but historically it's a pretty damn good figure... it's still lower than at any point since 2000 except for immediately before and immediately after COVID >>1462106>5% decrease in holiday spending might be optimisticUp 9.1% so far, trend is expected to be up 6% YoY https://www.cbsnews.com/news/black-friday-cyber-monday-2025-spending-deals-inflation/Facts do not care about your mental illness
>>1462116A PwC survey showed that U.S. consumers plan to spend 5% less on seasonal spending compared to 2024, the biggest drop in five years.“More broadly, 84% expect to cut back over the next six months, citing rising prices, new tariffs and the higher cost of living,” PwC said.https://www.forbes.com/sites/sap/2025/11/18/holiday-retail-sales-2025-us-shoppers-expected-to-pull-back/The Freight Market Indicates That A Goods Recession Has Already StartedTrucking companies transport over 72% of all domestic freight in the U.S., and there has been a sharp and prolonged drop in freight volumes, which confirms that demand for goods that range from parts to finished retail inventory is extremely weak. Part of this can be explained by consumers pulling back on goods after the pandemic faded and shifting to experiences and services. But the sustained weakness in the trucking sector suggests that important parts of the economy are already in a recession. Also, freight volumes are now at levels not seen since the depths of the pandemic, and that is not the sign of a coming economic boom. When freight volumes drop, this is often a leading indicator that the overall economy is about to enter a recession.https://seekingalpha.com/article/4849769-these-5-indicators-suggest-recession-risks-are-very-high-in-2026Data doesn't lie. The recession has already begun.
>>1462103Trump needs to dump the members of the tribe he's been serving. Get intelligent Christian white men in those spots and they'll be able to repair the damage the agents of Israel has done to Americans economy.
>>1462116>Bush crashes economy>Obama spends his term fixing it>America votes Trump to punish Democrats for not cleaning up after Bush fast enough>Trump takes credit for Obama's economy then crashes it into the ground>America votes for Biden to clean up the mess>Biden cleans up the mess>America votes for Trump to punish Democrats for not cleaning up after Trump fast enough>Trump crashes economy againAll you need do is look at historic unemployment data to see Trump was handed a solid economy twice and ruined it twicehttps://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm
>>1462119>A PwC survey showedWell, facts and reality showed they spent 9% more so far so idk what to tell you, the survey is wrong.
>intelligent>ChristianIf they were intelligent, they wouldn't allow the retardation that is religion to exist in their minds in the first place. Only the inferior allow themselves to be infected by religion.>intelligent>ChristianAn oxymoron that only a subhuman moron would use. But then, Christains are subhuman too.>ChristianTrump needs to be dumped by normal sane humans. That orange retard worries about not going to heaven. An orange kleptocrat's wealth. He's worried that he can't take it with him.>IsraelThe basis of retarded Christains' religion - Jesus - was a Jew: 'INRI'. Religiotards need to dump themselves.
>>1462127>spent 9% moreCause prices are up. Things costing more money will make you spend more money. Everything being more expensive while wages are flat and jobs are being lost will make the overall number of sales and the profit margin decrease.You'll see
>>1462133>A survey a month ago showed people would spend less>But they actually spent more>BeCaUsE ItS MOrE ExPeNsIvE!!1!Ok so you admit you were wrong lmao. People spent more. You were wrong.
>People spent more...on less goods that would have usually cost less, thus people would have previously bought more of them.A cultist's opinion status: more than wrong.
>>1462134>Local anon doesn't recognize a K-shaped economy or that it is a bad thing
>>1462133Everything's more expensive every year, your argument is meaningless
>>1462140You do realize that is a bad thing, right? Especially when wages DON'T go up every year?
>>1462143What you are describing happens literally every single year, you have no more reason to be upset about this one than any other.Tell me the last year prices didn't go up and wages didn't stay the same or decrease.I'll wait.
>>1462150Not him but it really sounds like you are making a disingenuous argument on purpose. Yes, inflation is an ongoing process so it's to be expected that prices go up over time. The problem comes when average wages of workers don't also go up at approximately the same rate. So if the price of food raises 150% over the couse of 5 years,but the average wage of workers only goes up by 105% over that same time it's a recipe for disaster. This is the core issue being addressed, and is blatantly obvious to anyone paying attention to the economy. So seeing statements like yours it's unclear whether you are being purposely disingenuous towards to actual issue at hand,or if you are genuinely just ignorant. It's a coin flip from where I'm looking but also doesn't really matter.
>>1462137Exactly this. The K shaped economy means the top earners are doing ok while the bulk of people are struggling. Meat is the luxury gift this CHRISTmas.>>1462143Yes, in fact wages haven't been keeping up with productivity gains and inflation for decades now. Its time to complain.>>1462153>You will own nothing and you'll LOVE it... or else.Thats the message the hyper-wealthy have been pushing for years now. Time to push back.
>>1462150Anon you do realize this is an inherently unsustainable process? Prices going up without wages doing the same will eventually hit a breaking point that will AT MINIMUM lead to a recession.
>>1462123Christian white men are project 2025, you got what you voted for.
>>1462168This is correct and we're already in a recession for the most part. The data already shows a steep drop-off in freight traffic which means we're in the recession already.
>>1462134>People spent more. You were wrong."But here’s the catch: That spending is measured in dollars, not items. The number of shopping transactions that Bank of America tracks has fallen slightly since January."https://www.cnn.com/2025/11/25/business/holiday-shopping-economy-inflationFuck your fake feelings, anon. Facts are facts.
>>1462198He's a Republican, of course he's lying because that's what he's ordered too.
>>1462198And since everything has become way more expensive of course the dollars spent has increased. Duh!
>>1462228GOP boot licking 101
>>1462097Imagine how bad the official numbers are if they hide them but allow these digits to slip through.Freight traffic has been down for months. My guess is we've been in recession since September.
>>1462124Yup. He got luck in 2016 that things were stable enough to handle his terrible policies until 2018ish. Then everything started coming apart.This time he isn't so lucky. The economy IS in recession and will be for 2026.
>>1462455thats what happens when you inherit a based economy from obama [who was handed a giant fucking mess from bush]
>>1462097Sure is. He thinks all us normies don't notice how bad things are because he lies about everything being super great.And those stimulus checks and tariff refund checks are all BS. Congress has already said they won't approve them.
>>1462116Good post
>>1462546Not really. He argued that holiday spending is up 9% but thats only because the price of everything has been rising all year. That is a bad faith argument.We're seeing all the signs of a K type economy and idiots are hailing the idiots who made it happen as if they're some geniuses
>>1462549That poster magically appears anytime a Trump apologist makes a Trump damage control post. It's probably a bot.
>>1462545>Us
>>1462551Nah not a bot. Not an Indian. Not a shill. I voted for Trump and I'm demanding he keeps his promoses: fix the goddamn economy, deport all the H1B's, stop worshipping Israel and put America first.Just what he promises he'd do. I suspect Trump hasn't done much since his stroke and cronnies like Jew Stephen Miller are running the show.
>>1462558Only way the economy is going to be fixed after 45 years of getting pillaged by trickle down economics is a hard shift towards socialist policies and wealth redistribution. Otherwise you're getting exactly what you voted for.
>>1462558>I voted for Trump and I'm demanding he keeps his promosesYou fucking retard.
>Not an Indian>promoses>cronniesA lying Indian who hasn't attended English classes.
>>1462558You're getting what you voted for.
>>1462564Bleed the billionaires dry of their stolen fortunes
>>1462687Nationalizing and price fixing a lot of stuff would solve the out of control costs.
>>1462609Kek. Yeah thats exactly it. God forbid anyone makes a typo on a forum that doesn't allow the poster to edit their text. Exposing me as an Indian shill solves all the problems with Trumps economy. Hoorya!
>makes a typo on a forum that doesn't allow the poster to edit their textThere's a simple solution: don't post on said forum.
