Summary
The U.S. added 256,000 jobs in December, lowering the unemployment rate to 4.1%, outperforming expectations and reflecting a resilient labor market as President Biden leaves office.
Despite earlier inflation overshadowing a strong labor recovery post-COVID, hiring remains steady, layoffs subdued, and job openings rising.
Forecasters predict gradual hiring growth in 2025, with small-business optimism and easing Federal Reserve policies driving gains.
Economic indicators, like increased consumer borrowing for auto purchases, suggest mixed but improving confidence.
And all these idiots voted trump “for the economy”
Real wages are declining, so the economy is bad. https://en.m.wikipedia.org/wiki/Personal_income_in_the_United_States#/media/File:Wages_in_the_United_States.webp
So why make it worse? Electing trump to fix wages and the economy. Is like opting for castration to treat ED.
And Trump is going to manage to ruin it to benefit a few old rich monsters.
Yes and no. There’s going to be thousands of agriculture etc jobs opening up under him. The problem is there won’t be willing or qualified applicants.
Which will at once increase demand for labor. Thus increasing costs for oligarchs. But at the same time throw a monkey wrench into basic supply chains. Causing shortages and crises. He’s literally going to hurt everyone. But we all knew that.
