Jobs... In the Trump economy!

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More Than 1 Million Jobs Have Been Cut This Year, Report Says



American companies have cut more than 1 million jobs so far this year, a new report showed Thursday, ranking 2025 among the worst years for job losses in decades as companies embrace artificial intelligence, consumer spending softens and hiring freezes take effect.

Key Facts​

- 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.

- 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).

- 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.
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abdugd.jpg


More Than 1 Million Jobs Have Been Cut This Year, Report Says



American companies have cut more than 1 million jobs so far this year, a new report showed Thursday, ranking 2025 among the worst years for job losses in decades as companies embrace artificial intelligence, consumer spending softens and hiring freezes take effect.

Key Facts​

- 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.

- 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).

- 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.
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So you think Trump is responsible for AI?
My advice to you was to try and be smarter. You are choosing the opposite path.
 
So you think Trump is responsible for AI?
My advice to you was to try and be smarter. You are choosing the opposite path.
Life throws at presidents a bunch of problems, and opportunities. trump is clearly unable to handle either.
 
abdugd.jpg


More Than 1 Million Jobs Have Been Cut This Year, Report Says



American companies have cut more than 1 million jobs so far this year, a new report showed Thursday, ranking 2025 among the worst years for job losses in decades as companies embrace artificial intelligence, consumer spending softens and hiring freezes take effect.

Key Facts​

- 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.

- 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).

- 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.
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Data collectors have to go to other sources now, since Trump’s people have stopped collecting this type of information.
 
Make another bet on the economy wally.

:rofl2: :rofl2: :rofl2: :rofl2: :rofl2: :rofl2: :rofl2:
I am heavily invested in two broad stock mutual funds, and also in highly volatile stock options. That means I make money if stocks go up, or down. I do lose some money if stocks stay the same, but is that really something likely to happen? The only person on earth calling trump stable is himself, and that is part of his instability.
 
I am heavily invested in two broad stock mutual funds, and also in highly volatile stock options. That means I make money if stocks go up, or down. I do lose some money if stocks stay the same, but is that really something likely to happen? The only person on earth calling trump stable is himself, and that is part of his instability.
Wally, for the last time.
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Life throws at presidents a bunch of problems, and opportunities. trump is clearly unable to handle either.
Replying to @Lionfish seriously is a waste of time.

He is a guy who would scream about the price of eggs and Biden, while ignoring the cause was Bird flu cull which was killing millions of chickens along with the cull to stop the deaths increasing and decimating populations.

To LyingFish that is all on Biden while Trump gets a pass on such external things which is why we just point and laugh at Lyingfish and not engage seriously.
 
Replying to @Lionfish seriously is a waste of time.

He is a guy who would scream about the price of eggs and Biden, while ignoring the cause was Bird flu cull which was killing millions of chickens along with the cull to stop the deaths increasing and decimating populations.

To LyingFish that is all on Biden while Trump gets a pass on such external things which is why we just point and laugh at Lyingfish and not engage seriously.
Yet you replied.

:magagrin:
 
Replying to @Lionfish seriously is a waste of time.

He is a guy who would scream about the price of eggs and Biden, while ignoring the cause was Bird flu cull which was killing millions of chickens along with the cull to stop the deaths increasing and decimating populations.

To LyingFish that is all on Biden while Trump gets a pass on such external things which is why we just point and laugh at Lyingfish and not engage seriously.
The sad part is trump is being handed once in 10,000 year opportunities that he is throwing away.
 
The sad part is trump is being handed once in 10,000 year opportunities that he is throwing away.
Yup.

And as he destroys them his magats like LyingFish clap like seals as they are so stupid they cannot read or understand what they read.

You can see him above thinking he got a gotcha as i replied to YOU, and he assumes that equals a reply to him. He is so stupid he cannot understand i am saying magats like him should be mocked and pointed at when they say stupid things, but just not engaged as if you can have a serious discussion with.
 
Yup.

And as he destroys them his magats like LyingFish clap like seals as they are so stupid they cannot read or understand what they read.

You can see him above thinking he got a gotcha as i replied to YOU, and he assumes that equals a reply to him. He is so stupid he cannot understand i am saying magats like him should be mocked and pointed at when they say stupid things, but just not engaged as if you can have a serious discussion with.
Whatever else you think about trump, he could not have happened at a worse time.
 
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