Job Layoffs Hit Highest Since Covid-19 and are a whopping 54 percent higher than last year

No, it does not.

All‑time U.S. national unemployment record low:​

2.5% in May–June 1953​

This is the lowest seasonally adjusted national unemployment rate ever recorded in the United States.

The unemployment rate during Biden’s presidency fell as low as 3.4% from Trump's 14.8% high in his first term.
 
Crepitus said:
Not really, no.
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Yes really. Yes.

USAID offices are permanently closed.
Severe cuts were made to the EPA staff.
Severe cuts were made at the Dept of Energy.
Severe cuts were made at the Dept of Education.
Severe cuts were made at the Dept of Homeland Security.
Severe cuts were made at FEMA.
Severe cuts were made at Veteran's Affairs.
Severe cuts were made at the Dept of the Interior (BLM).
Severe cuts were made at the IRS.
Severe cuts were made at the Dept of War.

Many of these were laying off probationary workers.
 
Jake Starkey said:
No, it does not.

All‑time U.S. national unemployment record low:​

2.5% in May–June 1953​

This is the lowest seasonally adjusted national unemployment rate ever recorded in the United States.

The unemployment rate during Biden’s presidency fell as low as 3.4% from Trump's 14.8% high in his first term.
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Argument from randU fallacy, and lies.

The 4.4% unemployment rate in 2006 spiked to 9,9% in the first year of the Obama administration. It was caused by Obama's interference in the 2008 downturn that converted it into an economic depression lasting nine years.

Trump ended that depression, bring the unemployment rate down to a mere 3.5%.

The Covid Hoax started by Democrats again spiked the unemployment rate to a high of 14.8% during the Biden administration. That Hoax started another economic depression, devaluing the dollar by 37% and lasted five years. Trump also ended that depression, and unemployment has now lowered to a mere 4.3% (current reported figures).

Source: US Bureau of Labor Statistics, US Treasury
 
Jake Starkey said:
No, it does not.

All‑time U.S. national unemployment record low:​

2.5% in May–June 1953​

This is the lowest seasonally adjusted national unemployment rate ever recorded in the United States.

The unemployment rate during Biden’s presidency fell as low as 3.4% from Trump's 14.8% high in his first term.
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Under 3.5 is considered full employment. I don't suspect you will believe that and I don't care.
 
Cypress said:

Layoffs Hit Highest Since Covid-19 Even as Trump Brags About Economy​

Layoffs are a whopping 54 percent higher than last year

The U.S. economy has seen 1.1 million layoffs this year—the most since the Covid-19 pandemic—even as President Donald Trump constantly proclaims us to be the “hottest country anywhere in the world.”

Consulting firm Challenger, Gray & Christmas reported Thursday that there were 71,321 layoffs in November. This brings the year’s total up to 1.17 million, which is a whopping 54 percent higher than last year and the highest layoffs have been since the pandemic hit the economy in 2020. Employers have also seen a 35 percent decrease in hires from last year.

This negative economic news comes as new Politico polling shows that nearly half the country thinks that the cost of living is the worst they’ve ever seen—and they hold Trump directly responsible for it.

newrepublic.com

Layoffs Hit Highest Since Covid-19 Even as Trump Brags About Economy

Donald Trump insists the economy is doing well. The data shows otherwise.
newrepublic.com newrepublic.com
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"Donald Trump insists the economy is doing well. The data shows otherwise"​

This just goes to show just out of touch that Crazy Trump is.
 
Jake Starkey said:
No, it does not.

All‑time U.S. national unemployment record low:​

2.5% in May–June 1953​

This is the lowest seasonally adjusted national unemployment rate ever recorded in the United States.

The unemployment rate during Biden’s presidency fell as low as 3.4% from Trump's 14.8% high in his first term.
Click to expand...
Under another Republican POTUS, Dwight D. Eisenhauer....and?
 
Jake Starkey said:
The Biden and Trump difference in low employment are not significant historically.

That Trump's reached 14.8% is very significant.
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And lets not say a word about the millions of jobs lost in Trumps first term.
Trump is One of the very few Presidents to leave office with less people working then when he took office.
 
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