Tag: Unemployment

Fed Chair Warns Trump Admin May Be Seriously Exaggerating Jobs Numbers

On Thursday, hours before the state Senate is set to vote, Trump issued another nasty missive, attacking more local leaders while threatening to back primary opponents for anyone who votes against his plan. This time, the ire of Trump’s focus was Senate President Pro Tem Rod Bray, who has formed a coalition of allies averse […]

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Trump Official Panics as Brutal Jobs Report Blames Trump’s Tariffs

The order banned citizens of Afghanistan, Myanmar, Chad, the Republic of Congo, Equatorial Guinea, Eritrea, Haiti, Iran, Libya, Somalia, Sudan, and Yemen from traveling to the U.S. It also placed restrictions on travel for citizens of Burundi, Cuba, Laos, Sierra Leone, Togo, Turkmenistan, and Venezuela. At the time, people from all of those countries who […]

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Black Women’s Unemployment Rate Rising Disproportionately

Delayed September jobs report reveals increase in unemployment rate for Black women. Actions taken by the Trump administration have contributed to the increae in Black women’s unemployment. Layoffs in 2025 have already surpassed 1 million. Source: Jacob Wackerhausen / Getty Despite the GOP and President Donald Trump saying otherwise, the American economy ain’t doing so […]

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The White Media’s Latest Lie: Pretending Black Unemployment Is An Accident, Not A Racial Purge

Source: Anastasiia Havrysh / Getty For months, we’ve been flooded with stories about the sudden rise in Black unemployment. Nearly every one of them, from Politico to Axios to Time Magazine to MSNBC News, has focused on Black women. We’ve seen the same template: sympathetic portraits of college-educated women juggling multiple jobs, stuck in low-wage […]

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Gold Is Booming and That’s Really Bad News

My more paranoid self says the whole thing’s a conspiracy engineered by Fox News and Newsmax. I’ve long maintained that Fox and Newsmax ought to be investigated by the Federal Trade Commission as elderscams. These aren’t news networks; they’re transmission belts that use moronic agitprop to sort the elderly population for maximum credulity (median viewer […]

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Labor Secretary Confronted on Fox News Over Trump’s Terrible Economy

“Well, I mean, you know the data, though. You know where we are. I mean, we’ve had three months of slowing jobs,” the host observed, asking Chavez-DeRemer for a sense of the “jobs picture today.” Chavez-DeRemer evaded, touting supposed investment, trade deals, and growth in gross domestic product under Trump, while expressing the importance of […]

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Fox Host Confronts Labor Secretary Over Trump’s Terrible Economy

“Well, I mean, you know the data, though. You know where we are. I mean, we’ve had three months of slowing jobs,” the host observed, asking Chavez-DeRemer for a sense of the “jobs picture today.” Chavez-DeRemer evaded, touting supposed investment, trade deals, and growth in gross domestic product under Trump, while expressing the importance of […]

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Another Blaring Warning Sign About Trump’s Economy Is Here

“It all starts with physical fitness and appearance,” Hegseth told the seasoned commanders, being sure to pat himself on the back in that regard: “If the Secretary of War can do regular hard P.T. [physical training], so can every member of our joint force.” “Frankly,” he continued, “it’s tiring to look out at combat formations, […]

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Trump Commerce Sec Promises Economy Will Get Better … Eventually

He notably failed to mention acts of political violence perpetrated by right wingers against the left—e.g., the June shootings of two Minnesota Democratic lawmakers and their spouses, which killed State Representative Melissa Hortman and her husband; the 2022 attack on Paul Pelosi, in an attempted kidnapping of Nancy Pelosi (which Trump mocked); the January 6, […]

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Trump Commerce Sec Swears Struggling Economy Will Improve … Eventually

He notably failed to mention acts of political violence perpetrated by right wingers against the left—e.g., the June shootings of two Minnesota Democratic lawmakers and their spouses, which killed State Representative Melissa Hortman and her husband; the 2022 attack on Paul Pelosi, in an attempted kidnapping of Nancy Pelosi (which Trump mocked); the January 6, […]

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The New BLS Job Numbers Are Out and They’re Absolutely Abysmal

Epstein, standing alongside two men and a woman whose identity has been redacted, holds a giant check supposedly from Trump, in payment for the woman. The note reads: “Jeffrey showing early talents with money + women! Sells ‘fully depreciated’ [redacted] to Donald Trump for $22,500. Showed early ‘people skills’ too. Even though I handled the […]

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Unemployment Spike For Black Americans Signals Broader Economic Risks, Experts Warn

Source: Xavier Lorenzo / Getty The Bureau of Labor Statistics’ August jobs report, released Sept. 5, revealed concerning trends for Black Americans. Black women, in particular, saw a sharp rise in unemployment, while Black employment as a whole continues to face major setbacks.  The report highlighted that the unemployment rate for Black women jumped to […]

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Donald Trump’s Incredible Shrinking Economy

But lower birthrates, combined with a rapidly-aging population (there are about 1.5 million retirements per year) mean fewer workers, and the United States can’t remain the world’s biggest economy with a shrinking labor market. We therefore import labor, both legally and illegally. Or rather, we did. When Trump re-entered the White House this past January […]

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What the Unemployment Rate Isn’t Telling Us

new video loaded: What the Unemployment Rate Isn’t Telling Us By Lydia DePillis, Christina Thornell, Laura Salaberry, Jon Hazell, Gabriel Blanco and Laura Bult•September 5, 2025 The latest job report shows that unemployment remains steady, but it’s not telling the full story. Lydia DePillis, economy reporter for The New York Times, explains how low job […]

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Trump’s Economy Just Hit a Terrible Milestone

“That’s what set Donald Trump apart from the old conservatism and the old liberalism alike: He knows that America is not just an abstract ‘proposition,’ but a nation and a people, with its own distinct history and heritage and interests,” Schmitt said. The Continental Army soldiers at Valley Forge, Pilgrims at Plymouth, pioneers in Missouri, […]

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Meet Your New Fed Chair: Donald Trump

Yet Reagan didn’t blame the Fed. At a press conference he said the cause was a too-high budget deficit. The real reason turned out to be neither interest rates nor the budget deficit so much as automated trading, but set that aside. Reagan didn’t point fingers at the Fed, which would have been an entirely […]

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Fed Chair Warns the Economy Is Even Worse Than We Realized

The ruling was in response to a lawsuit from Friends of the Everglades, the Center for Biological Diversity, and the Miccosukee Tribe alleging that construction on the new facility was greenlit without providing time for public notice and comment, or conducting proper environmental reviews required by the National Environmental Policy Act, the Endangered Species Act, […]

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Trump Overlooks Crucial Detail in Bragging About Jobs Report

On Wednesday night, a Fox News guest falsely accused Kilmar Abrego Garcia, the Maryland resident who was wrongfully deported by the Trump administration, of killing Americans. In an appearance on Fox News @ Night, Monica Paige, White House correspondent for “Frontlines,” a program by Charlie Kirk’s conservative group Turning Point USA, discussed the GOP spending […]

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