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The Political Forum Discuss anything related to politics in this forum. World politics, US Politics, State and Local.

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Old 07-03-2025, 08:50 AM   #1
texassapper
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Default Trump Administration Economic news

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.
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Old 07-03-2025, 08:56 AM   #2
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Links please
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Old 07-03-2025, 09:11 AM   #3
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What matters appears to be what effect tariffs will have on the 2nd half of 2025.


Many forecasts for a significant decline in GDP.
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Old 07-03-2025, 11:19 AM   #4
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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?

.
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Old 07-03-2025, 07:53 PM   #5
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Quote:
Originally Posted by Yssup Rider View Post
Links please
Do Please share that link Tejas Digger.
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Old 07-03-2025, 08:33 PM   #6
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Quote:
Originally Posted by Yssup Rider View Post
Links please
Quote:
Originally Posted by Precious_b View Post
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
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Old 07-03-2025, 09:21 PM   #7
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Quote:
Originally Posted by The_Waco_Kid View Post
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
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Old 07-03-2025, 10:34 PM   #8
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Quote:
Originally Posted by Salty Again View Post
... 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?
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Old 07-03-2025, 10:46 PM   #9
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Quote:
Originally Posted by Yssup Rider View Post
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?


Quote:
Originally Posted by The_Waco_Kid View Post
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
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Old 07-03-2025, 11:20 PM   #10
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Quote:
Originally Posted by Yssup Rider View Post
Links please
Quote:
Originally Posted by The_Waco_Kid View Post
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.
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Old 07-04-2025, 02:09 AM   #11
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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.
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Old Today, 06:23 AM   #12
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Quote:
Originally Posted by txdot-guy View Post
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.
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Old Today, 07:05 AM   #13
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Quote:
Originally Posted by texassapper View Post
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
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Old Today, 09:31 AM   #14
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Quote:
Originally Posted by texassapper View Post
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/series/LNU02073413

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.

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.
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Old Today, 11:11 AM   #15
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Quote:
Originally Posted by texassapper View Post
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.
Right. Answer the challenge by providing data that you know no one is going to review. Make it more difficult for someone to question the detail of your simplistic stats.

You quite obviously already did the analysis. Why are you so reluctant to share more of it here? Other than the above, I mean.

Oh. Wait. Could it be because the job growth numbers are so dominated by a select few areas that they don't look...quite so reassuring?

There's a shit-ton of analysis of the BLS report available, from multiple sources. It takes almost nothing to find it:

- The Bureau of Labor Statistics reported non-farm job growth of 147,000 for June 2025

- The majority of those jobs were in State and Local government jobs, with 73,000

- 40,000 in eductation

- Health care 39,000

- Manufacturing DECLINED by 7,000

Sooooo... if you're in local government, healthcare, or education...GOOD FOR YOU!

For everyone else, maybe not so much. Although the loss of jobs for foreign-born workers is probably good as it means that there are lots of great roofing and agricultural jobs available! Don't ferget yer sunscreen!

.
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