Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show [View all]LetMyPeopleVote
(175,080 posts)30. MaddowBlog-Unemployment rate reaches a four-year high as Trump's economic woes continue
Unemployment rate reaches a four-year high as Trumps economic woes continue
Trump, last week: âWhen will I get credit for having created ... perhaps the Greatest Economy in the History of our Country?â
— Steve Benen (@stevebenen.com) 2025-12-16T14:05:51.941Z
Reality, this week: The unemployment rate has reached a four-year high and 2025 is the worst year for job growth since the Great Recession. www.ms.now/rachel-maddo...
https://www.ms.now/rachel-maddow-show/maddowblog/unemployment-rate-reaches-a-four-year-high-as-trumps-economic-woes-continue
Expectations heading into Tuesday morning were that the economy added roughly 45,000 jobs in November. As it turns out, according to the latest BLS report, those expectations were pretty close to being right. CNBC reported:
None of this is good news. For one thing, the addition of 64,000 jobs in November reflects a weak job market thats failing to keep up with population growth. For another, the totals from August and September were revised down, showing 33,000 fewer jobs than previously reported.
But its the climbing unemployment rate that really stands out: While 4.6% might seem like a decent number in the abstract, its also the highest jobless rate Americans have seen since September 2021. Whats more, the figure is up nearly half a point since Trump returned to office in January......
Last week, as polls showed public support for Trumps handling of the economy sinking to embarrassing depths, the president responded with a social media message rooted in pathetic self-pity.
When will I get credit for having created perhaps the Greatest Economy in the History of our Country? the Republican wrote. When will people understand what is happening? When will Polls reflect the Greatness of America at this point in time, and how bad it was just one year ago?
This obviously isnt the greatest economy in American history; expecting Americans to be grateful for failure is preposterous; and a year ago, the job market was generating far more jobs with a lower unemployment rate.
Indeed, the question for the president and his White House team is simple: If Trump has created the Greatest Economy in the History of our Country, why has American job growth slowed to a 15-year low?
Nonfarm payrolls grew slightly more than expected in November, the Bureau of Labor Statistics reported Tuesday in numbers delayed by the government shutdown. Job growth totaled 64,000 for the month. The unemployment rate rose to 4.6%, more than expected. In addition to the November report, the BLS released an abbreviated October count that showed payrolls down 105,000.
None of this is good news. For one thing, the addition of 64,000 jobs in November reflects a weak job market thats failing to keep up with population growth. For another, the totals from August and September were revised down, showing 33,000 fewer jobs than previously reported.
But its the climbing unemployment rate that really stands out: While 4.6% might seem like a decent number in the abstract, its also the highest jobless rate Americans have seen since September 2021. Whats more, the figure is up nearly half a point since Trump returned to office in January......
Last week, as polls showed public support for Trumps handling of the economy sinking to embarrassing depths, the president responded with a social media message rooted in pathetic self-pity.
When will I get credit for having created perhaps the Greatest Economy in the History of our Country? the Republican wrote. When will people understand what is happening? When will Polls reflect the Greatness of America at this point in time, and how bad it was just one year ago?
This obviously isnt the greatest economy in American history; expecting Americans to be grateful for failure is preposterous; and a year ago, the job market was generating far more jobs with a lower unemployment rate.
Indeed, the question for the president and his White House team is simple: If Trump has created the Greatest Economy in the History of our Country, why has American job growth slowed to a 15-year low?
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
42 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Payrolls rose by 64,000 in November after falling by 105,000 in October, delayed jobs numbers show [View all]
BumRushDaShow
Dec 16
OP
We have many thousands from the government that lost their jobs this last year to be tallied.
mysteryowl
Dec 16
#8
No, the acting director of the BLS is William J. Wiatrowski, a long time deputy director
progree
Dec 18
#40
They lost about 20% of the lower level staff with the "Fork in the Road" stuff
BumRushDaShow
Dec 16
#9
Soon: the last 2 months are always subject to revision in each report, and almost always revised
progree
Dec 17
#34
I guess you missed my point--and joke. The numbers seem more in line with...
Ol Janx Spirit
Dec 16
#16
Their pre-seasonal-adjustment numbers are that jobs increased 679k jn October and 241k in November
progree
Dec 17
#32
These are seasonally adjusted numbers, so seasonal hires have been already adjusted for
progree
Dec 16
#19
MaddowBlog-Unemployment rate reaches a four-year high as Trump's economic woes continue
LetMyPeopleVote
Dec 17
#30