The jobs report that enraged Trump was flashing a recession warning sign | Crypto Craft

  • The jobs report that enraged Trump was flashing a recession warning sign

    From cnn.com

    The bad news in last Friday’s jobs report may have been overshadowed when President Donald Trump fired the commissioner in charge of producing it. But economists haven’t forgotten about America’s job market – and they’re growing concerned. Some of the jobs report data has economists using a word they haven’t uttered in several months: recession. Hiring over the past three months slowed dramatically, creating problems for the economists and statisticians at the Bureau of Labor Statistics whose job is to make sense of the payroll data they get from thousands of businesses across the country. As new data ... (full story)

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axecap
Aug 6, 2025 4:37am
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Quoting Polimini
Everything in the US flashes recession signs, except the stock market i guess, but that always lags, it won't drop until the last moment to leave everyone with holding their longs.
The stock market is not the economy and is becoming increasingly seperate
Polimini
Aug 6, 2025 3:41am
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Everything in the US flashes recession signs, except the stock market i guess, but that always lags, it won't drop until the last moment to leave everyone with holding their longs.
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