The US economy added 64,000 jobs in November as the unemployment rate crept up to 4.6%, according to Labor Department data published Tuesday.The unemployment rate is now at its highest level since September 2021.The November jobs report, originally scheduled to be published Dec. 5 before the 43-day government shutdown delayed multiple economic data releases, comes as Americans stress over rising layoffs and a frozen job market that can feel impossible to break into. Tuesday’s report suggested those conditions persisted toward the end of the year.Economists surveyed by Bloomberg had expected a gain of 50,000 jobs. The healthcare sector, which has fueled job growth this year, added 46,000 positions for the month."The US economy is in a hiring recession," Heather Long, chief economist at the Navy Federal Credit Union, wrote in a post on X."Almost no jobs have been added since April," Long added. "Wage gains are slowing. 710,000 more people are unemployed now versus November 2024."The last official reading of the labor market, published in November, was pushed back by several weeks and had only offered data for September, showing an unexpected uptick in jobs after the economy actually lost jobs in August and June, marking the first negative employment months since 2020.https://finance.yahoo.com/news/unemployment-rate-hit-4-year-high-in-november-even-as-economy-added-jobs-133749371.html
Damn, unemployment hasn't been this high since the tail end of Biden saving the economy from Trump's first recession back in 2020Why do we keep letting Trump crash the economy and harm the livelihood of American citizens like this?
>>1466183Hey anon, misinformation. Unemployment hasn't been this high since the literal height of an international pandemic.Seriously, Trump has officially done damage to the US economy on par with COVID-19. Except the difference is, COVID impacted the global economy at once. This is exclusively to us.
>>1466159so what you're saying is that it was higher five years ago, under Biden.Everyone knew that.
>>1466189Hey anon what was happening from 2020-2022? Something about some kind of viral outbreak?If the only comparable economy to yours is one at the height of a global pandemic, your economy is a fucking failure.
>>1466189Maybe if the pedophile who came before Biden hadn't crashed the economy and seen the largest unemployment spike in US history it wouldn't have been that high when he took office
>>1466183Yes and that Trumps actions are making it worse. "Trumps Recession™" is in full swing.
>>1466191I don't like Trump, but he wasn't the one who crashed the economy that time, it was COVID. You could argue he made it worse with his response and messaging or that his policies would eventually lead to a crash/make the next crash worse, but there was no way we weren't going to be eating a shit sandwich.
>>1466197>it was COVID.Can't even rightfully blame Biden like all the economists, huh?
>>1466199>It's Biden's fault unemployment was almost 15 percent in April 2020Fascinating, elaborate on that
>>1466197It was Biden's economics that crashed the economy just like it was Obama who caused the Great Recession. It's always a democrat who fucked things up and a republican who has to be the adult in the room and clean it up. Libs always fuck up the economy. It was why Germany did not start to recover until Hitler took control from the libtard government.
>>1466197This>>1466199Is why I am not interested in bringing nuance into this conversation and am comfortable pinning 100 percent of the 2020 economic meltdown on the POTUS at that time, Donald Trump
>>1466203This, but the opposite.
>>1466203>It was Biden's economics that crashed the economy just like it was Obama who caused the Great Recession. It's always a democrat who fucked things up and a republican who has to be the adult in the room and clean it up.Literally the other way around. The economy was at its best at the end of Obama and Biden's respective presidencies.Also, the bad management of COVID IS Trump's responsibility.
>>1466203Gr8 b8 m8, I r8 8/8
>>1466208>Is why I am not interested in bringing nuance into this conversation and am comfortable pinning 100 percent of the 2020 economic meltdown on the POTUS at that time, Donald Trump>nuanceLies aren't nuance. Biden established policy that raised fuel prices in a country where over the road trucking is the primary shipping distribution method.Biden created execute orders that caused stress to supply lines.Then Biden wrote ANOTHER stimulus check.This caused Bidenflation. Any defense isn't nuance, it's shilling.
>>1466208>100 percent of the 2020 economic meltdownI should also point out that we're in a recovery period, not a meltdown.
>>1466216And how did any of that lead to unemployment being 14.8 percent in April of 2020?
>>1466222>April of 2020.Are you on drugs son?
Fake numbers. It’s actually much worse
>>1466225Unemployment was at 14.8 percent in 2020, the last year of Trump's first term in office and before Joe Biden became presidentThis thread is about unemployment numbersWhich part is confusing to you, other than the part where you don't have a pre-written talking point to combat it so you're playing(ish) stupid?https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm
>>1466197I agree, but it makes this even fucking worse. He's doing damage it took a global pandemic to do previously.
>>1466229Why would I even address this? The numbers surrounding this are odd in the first place with unemployment being at 4% the month before, then rapidly declining to near standard of 4% the same year, increasing to 5-8% for much of Biden's reign of terror.And I'm no expert on the subject, but it looks like there's a seasonal wave of unemployment that's happened historically in March-April of every year, with normal being 8-10%.I see why you're trying to isolate this event to shill your horseshit, but it looks like whatever happened affected Democrat run states the hardest with the usual suspects leading the pack.My guess would be this was during the period where Democrats forced everyone into unemployment by shuttering everything but Walmart.
>>1466159This explains why trump is censoring the job report.He's crashing the economy
>>1466242Oooh, I get it. You can't read or comprehend simple charts or data, that's why you have the opinions and worldview you have. This makes more sense.>but it looks like there's a seasonal wave of unemployment that's happened historically in March-April of every year, with normal being 8-10%.April 2013- 7.6April 2014- 6.2April 2015- 5.4April 2016- 5.1April 2017- 4.4April 2018- 4.0April 2019- 3.7April 2020- 14.8April 2021- 6.1April 2022- 3.7April 2023- 3.4April 2024- 3.9April 2025- 4.2>increasing to 5-8% for much of Biden's reign of terror.I'm not going to post unemployment rates from every month of Biden's term when you already have the link I sent.I'll simply ask you to point out to which month between January 2021 and January 2025 unemployment hit 8 percent, and any month after September of 2021 (in the aftermath of Trump crashing the economy in 2020) where unemployment is at 5 percent
>>1466244Doing it for his Jewish and Hindi pals.>>1466197>>1466237Precisely. He's caused serious damage to the economy this time around. But keep in mind he did NOTHING early in the pandemic to ease the spread. In fact his actions seemed to have spread it. All part of the GOP plan to solve the SS problem by killing millions of elderly people ASAP.>>1466226Most likely. Yeah. Long-term unemployment is way, way, way higher and more troubling. Don't forget plummeting freight traffic which is a classic sign of a recession.
>>1466258>Precisely. He's caused serious damage to the economy this time around. But keep in mind he did NOTHING early in the pandemic to ease the spread. In fact his actions seemed to have spread it. All part of the GOP plan to solve the SS problem by killing millions of elderly people ASAP.That would completely destroy their voter base. I think they're just idiots chasing the next buck. They're looting this country like private equity loot local businesses, and they'll all bail in golden parachutes when everything comes crashing down (seriously, they're all building bunkers for a reason).
>>1466255>I'm no expert on the subjectRemember when I said this? I did my due diligence to answer your question already.https://fred.stlouisfed.org/series/UNRATE
>>1466269>I'm borderline illiterate and have no idea what I'm talking about, but that won't stop me from running my mouthWe know>https://fred.stlouisfed.org/series/UNRATEOh good, you brought your own graph. Now use it to show us where you got the following claims you made:>a seasonal wave of unemployment that's happened historically in March-April of every year, with normal being 8-10%.and>increasing to 5-8% for much of Biden's reign of terrorBecause as I'm looking at it, it doesn't show that any more than the first link did
>>1466258>But keep in mind he did NOTHING early in the pandemic to ease the spreadSo, those travel bans?https://en.wikipedia.org/wiki/Operation_Warp_SpeedThe only thing that could've effectively stopped COVID was Democrats not trying to win an election and containing the media reporting about it.
>>1466270This is why the Alinsky rules for radicals works.>"Whenever possible go outside of the experience of the enemy."I've already admitted I'm no expert here.
>>1466277>reporting statistics means you're a radicalHow did you get like this?
>>1466277Nobody forced you to go outside your experience (whatever incredibly narrow area that might be) and make the following claims:>a seasonal wave of unemployment that's happened historically in March-April of every year, with normal being 8-10%.>increasing to 5-8% for much of Biden's reign of terror And nobody forced you to post a second link that also proves your stupidityYou chose to do that yourself, nobody made you embarrass yourself like that. I just want to know if you just made those claims up whole-cloth or if you can't read basic line graphs.
>>1466270Absolutely fascinating https://imgur.com/a/HHGMZXv
>>1466280>Nobody forced you to go outside your experienceMe: >>1466216 to >>1466208You: >>1466229And here you are highlighting one extremely temporary outlier of 14.8% unemployment that lasted for one month and rapidly declined to slightly above normal.Now you're trying to force this as an issue in Trump's second term?If you don't know what you're doing, you're doing a decent job doing it.
>>1466289No, you slippery little shit, you're not weaseling your way out of thisYou made two specific claims>a seasonal wave of unemployment that's happened historically in March-April of every year, with normal being 8-10%.>increasing to 5-8% for much of Biden's reign of terror I had already posted a link showing these claims were not trueThen for some reason YOU also posted a link showing these claims were not trueSo now all I am asking, and have been asking, is did you make those claims because you can't read basic line graphs and thought they said something they didn't, making you an idiot, or did you make them up out of thin air and hope no one would call you out, making you a lying shill?Because it's one or the other
We're gonna win so much you may even get tired of winning
>>1466295You done won so much you're unemployed
>>1466292>Then for some reason YOU also posted a link showing these claims were not trueI simply wasn't invested in your argument that snapshots one month 5 years ago.
>>1466299You were invested enough to completely make up stats then try to change the subject when you got called out on it, you pathetic little shill
>>1466288Good post
>>1466300OK.
>>1466301Using reddit's image host site is never a good post.
>>1466292Gets old when the obsessive defenders make up fake numbers to try and sound right
>>1466374Where are the fake numbers?
>>1466381Making up statements about unemployment going upto 8% because of seasonal workers and the other nonsense he was spouting off. "Trumps Recession™" is his and his alone to own. Sure, he can dump some of the blame on Congress but the GOP (his party) has complete control over it AND the judicial branch.All they've been able to do so far is pass a tax cut for billionaires that the rest of us tax payers are paying the price for, tariffs which use tax payers are paying out-of-pocket and giving tons of money to Israel which more and more of us don't approve of. Trumps Recession™ was a plot against the American people from the start.
>>1466410>All they've been able to do so far is pass a tax cut for billionaires that the rest of us tax payers are paying the price for, tariffs which use tax payers are paying out-of-pocket and giving tons of money to Israel which more and more of us don't approve of.So, we don't pay the billionaire's taxes though. Billionaires draw the line for charging people to pay their bills when the items are imported.Good to know, and infallible logic, I must say
>>1466413Yeah except the billionaires make their money off our society and we DO pay a price when we give them infinite tax breaks at the expense of our society. Trumps Recession™ is all he'll be remembered for.
>>1466201Trump had the opportunity to close down air travel early in the pandemic which would've helped mitigate the spread. Instead he went full idiot mode and they had to shutdown the whole country which caused that unemployment spike. Btw, Trumps Recession™®© is what he'll likely be discussing during his special chat with America tomorrow night.
>>1466201They can't and won't. Its classic deflection, theres no actual evidence behind their deflections.
>>1466219We were in a recovery period. Now we're most definitely in another downturn. Freight traffic has been down 10% for the past couple months, layoffs are skyrocketing, businesses are nervous, consumers are buying fewer things (but spending has never been higher cause costs continue to climb.)
>>1466210Yeah in fact in 2018 Trump should've raised interest rates to cool down the economy which would've made the inflation from COVID much more manageable. Instead he went full bore stupid and when COVID hit there was one less policy lever to pull so they just dumped free money into businesses and hyper-inflated the economy. Trumps Recession™®© 1.0. Get ready for Trumps Recession™®© 2.0
>>1466591the usa economic system can’t exist without inflation, how can you blame things on inflation in a system that’s designed for it?
>>1466191Gotta crash the economy so his buddies can buy assets at fire sale prices. A "fire sale" comes from a practice in Ancient Rome popularize by Crassus, who had a private fire brigade and construction workers, who would go to burning buildings and offer their owners dirt cheap prices.If they accepted he'd put out the fire. If not, let it burn. Legend is he died having molten gold poured down his throat.
