@kellykakers: Party like it’s 2008 #money #economy #news #unemployment #recession

Lou :

We need a massive exit of people in the work. Aka boomers should be retiring and elder genx to collect ssn. People who have enough savings to exit the workforce

Aeahmed09 :

more people have 2 to 3 jobs... thats what's going on...

whatintheactualkel :

Yes … yes indeed I do know that our labor market has been frozen for two years. I haven’t been gainfully employed in three years.

John :

Those jobs numbers will be revised down massively just like every month for the last year at least. Never quote them right after they come out.

peter :

K shaped economy

The Texan Leftist :

Lots of factors involved, but a big one is that governments would rather borrow money against future generations than make the rich pay higher taxes now.

kommander_krill2 :

my middle class grandparents had to unretire because they simply cannot afford life

McphersonGG :

Use the numbers before 1970 and we’re in a terrible depression ☠️

Marie Valiente :

We’ve had a hiring freeze for over a year. Things aren’t great.

tarahsaysso :

No one knows the real numbers for anything bc our government is run by liars and scammers who change the numbers to manipulate the markets. Ai is eliminating jobs, gen z applications for 1 entry level job is getting 500+ applications,, the economy is dead, home sellers are skyrocketing and no one is buying bc of the 7% interest rate, even tho people need homes they cant affird them bc wages are too low and goods are to expensive and dynamically priced.. did you know even rideshare is doing dynamic pricing?! its a mess out here and things need to change for the better before Americans start fleeing to other countries

Ursula | Creativity and Audhd :

It absolutely feels like the 2010 hiring year right now

FaerieRose :

That figure will probably be corrected on the next jobs report. Look at Colorado’s July job report and last months report. I’ll give you a sneak peek: the number in July of the jobs created was corrected and lowered on the August job report. So don’t believe the numbers that are given. Look at them with some skepticism, please.

justnotthatseriousyk :

Repeated layoffs. Within the same year both by companies and experienced by workers. I

Headi :

we're in a slow motion depression

jaclyn marie :

My husband and I have lived in separate states for 2 years because I can’t find a new job and relocate.

melodramaticsglam :

The jobs report and unemployment report is a joke bc they report on NEW jobs added over the prior quarter or the number of new unemployment claims. It could be at record highs for unemployment but if the numbers don’t change, then they report our unemployment rate is unchanged. The real indicator is the difference between the number of new jobs versus new unemployment claims…

socialnista :

only the revised job report numbers are somewhat accurate. the 1st report is for Wallstreet only.

Fleur_de_linguist (Paula V) :

J P :

I believe the only way out for the country is a collapse and dictator. This facade of parties and choice has expired

Eggroll9000 :

During 2008, we saw dollar menus everywhere, Ruth's Chris had $5 happy hour, dive bars were staffed with supermodels, you could buy a home for 3 years of salary. None of that is happening right now cuz people have plenty of money and are bidding up the prices of goods and services. The main issue is the economy is changing. The job you got laid off from don't need more people. The jobs that need people are different skills and qualifications. Nursing and construction are huge but if you were laid off from Starbucks or Amazon, those have nothing to do with you.

El Caballero :

It’s called, they’re lying to you

Girl :

Neither

_Noemi 🐅🌴🪩 :

Agree

whitleyred303 :

they revised the August jobs down to 36,000 😳 also, they changed the inflation calculation