Trump Administration Economic news

[texassapper]

Most important data from June:

🟢 830k new jobs for native-born
🔴 348K jobs lost for foreign-born

🟢 437k gain of new full-time jobs
🔴 367k loss of old part-time jobs

I'm sure someone will figure out why the above is bad, but this is what I voted for.

[Yssup Rider]

Links please

[VitaMan]

What matters appears to be what effect tariffs will have on the 2nd half of 2025.


Many forecasts for a significant decline in GDP.

[rooster]

Interesting that the OP chooses to cherry pick this data while ignoring the coming massive additions to public debt that he has expressed recent disapproval of....

Let's look at a few other "indicators"...

National debt up 4-fold in the last 10 years.

At least $3 Trillion more to be added from the "Bill"...with an estimated increase in debt service costs of half a billion dollars.

Widespread concern over volatility in the Yield on the 10-Year Treasury Note (good fucking luck driving down consumer interest rates if that increases!).

Decline of 10 percent in the value of the dollar in the past 6 months, compared to most major trading partners.

I could go on. No point. No one knows a fucking thing.

Other than....what could go wrong?

.

[Precious_b]

Originally Posted by Yssup Rider

Links please

Do Please share that link Tejas Digger.

[The_Waco_Kid]

Originally Posted by Yssup Rider

Links please

Originally Posted by Precious_b

Do Please share that link Tejas Digger.

American-born employment hits record high as foreign-born jobs decline


https://wpde.com/news/nation-world/a...nue-to-decline


thank you valued posters

[Salty Again]

Originally Posted by The_Waco_Kid

American-born employment hits record high as foreign-born jobs decline


https://wpde.com/news/nation-world/a...nue-to-decline


thank you valued posters

... Blimey! ... There's a link right there! ...

Thanks for posting the Good News, mate...

#### Salty

[Yssup Rider]

Originally Posted by Salty Again

... Blimey! ... There's a link right there! ...

Thanks for posting the Good News, mate...

#### Salty

Why are you applauding the snarkastic brag about “American born workers,” mate?

That means not you. Right?

And how poorly worded was that, TWK? It’s like you’re celebrating hundreds of thousands of workers out of work in this great country?

What’s next, separate water fountains?

[The_Waco_Kid]

Originally Posted by Yssup Rider

Why are you applauding the snarkastic brag about “American born workers,” mate?

That means not you. Right?

And how poorly worded was that, TWK? It’s like you’re celebrating hundreds of thousands of workers out of work in this great country?

What’s next, separate water fountains?

so you prefer foreign workers taking jobs from Americans.


thanks for clarifying that

and what's "poorly worded" about a link that confirmed the OP's data?

Originally Posted by The_Waco_Kid

American-born employment hits record high as foreign-born jobs decline


https://wpde.com/news/nation-world/a...nue-to-decline


thank you valued posters

bahahahaa

[Precious_b]

Originally Posted by Yssup Rider

Links please

Originally Posted by The_Waco_Kid

American-born employment hits record high as foreign-born jobs decline


https://wpde.com/news/nation-world/a...nue-to-decline


thank you valued posters

Oh. You are such a selective little lamb there. See if you can do the same for your own threads sweetheart.

[txdot-guy]

I’m sorry but the link provided doesn’t provide any information or link to anything verifiable. I can’t find any info online that would confirm these numbers.

[texassapper]

Originally Posted by txdot-guy

I’m sorry but the link provided doesn’t provide any information or link to anything verifiable. I can’t find any info online that would confirm these numbers.

The data is in the June report. You can find it here.

I'm not going to tell which table the data is in since that would ruin the fun of you having to read for yourself. But it is there and it is clearly labeled.

[Yssup Rider]

Originally Posted by texassapper

The data is in the June report. You can find it here.

I'm not going to tell which table the data is in since that would ruin the fun of you having to read for yourself. But it is there and it is clearly labeled.

This is your idea of fun?

You must be a fun date!


HAHAHAHAHAHAHAHAHAHAHAHAH

[txdot-guy]

Originally Posted by texassapper

The data is in the June report. You can find it here.

I'm not going to tell which table the data is in since that would ruin the fun of you having to read for yourself. But it is there and it is clearly labeled.

I had a hard time getting the data that I wanted from the bls report.

These two graphs from the FRED might be more useful
Native born employment numbers by month and year.
https://fred.stlouisfed.org/graph/?g=1JtxR

Foreign born employment numbers by month and year.
https://fred.stlouisfed.org/series/LNU02073395

Take a look at the 10 year graphs for both native born and foreign born.

Native born employment is fairly static jumping up and down presumably due to workers leaving and joining the labor market.

Foreign born employment however has been on a steady upward climb as foreign born workers have joined the economy.

This indicates to me that we have had employment needs as a whole that native born workers have been unable to meet. Presumably because of demographic changes amongst native born workers. Too many people retiring and leaving the workforce.