- A broader measure that includes discouraged workers and those holding part-time jobs for economic reasons rose to 8.2%, up 0.2 percentage point.
- The so-called real unemployment rate jumped in large part to a surge in those employed part time for economic reasons, often referred to as unemployed. The level rose by 445,000 to 4.9 million.
- Average hourly earnings, another closely watched metric of labor market health, came in lower than expected, increasing 0.2% for the month and 3.6% on an annual basis, compared with respective estimates for 0.3% and 3.8%.
- April also saw another drop in the labor force and a decline in tech-related jobs in the low-hire low-fire environment that has prevailed since the early part of 2025.
- Revisions from prior reports were mixed: The February number moved even lower, down by 23,000 to a loss of 156,000. The initial report put the February job loss at 92,000.
- Economists increasingly have pointed to slower hiring as the primary source of labor market cooling. Sentiment indicators show tepid hiring plans in both the manufacturing and services sectors.
Short term pain for long term gain. Yes things are rough, but a bright future awaits us. Tariffs and the defeat of Iran are both passages towards an economic golden age. Once we win this war, which we have pretty much already done, we are gonna be so fucking rich you won't even know what you'll spend all the money on
>>1513049 What the fuck are you talking about There's no economist advocating for "trickle down economics" There is no politician who says "Vote for me and I'll implement trickle down economics" You are talking with a straw man who exists entirely in your head
>>1513041 This is exactly this issues. We’ve been tricked into thinking the “economy” is the stock market. The stock market is where the rich make their money. And if you think “retirement plans” are any form of wealth for the middle class, they are more like mandatory bags that get filled then emptied by the rich when the market has a downturn.
A healthy economy should include available jobs that have good work life balance, fair wages, and opportunity. Not whatever the fuck it is we have now, just slavery by another name.
>>1513091 Are we just going to ignore oil companies making record profits off the Iran war? Oil prices at record highs and all that extra cost is just disappearing into thin air? Really?
>>1513144 My healthcare before the BBB was $125/month and now it’d cost me $390/month thanks to Trump. Healthcare before Obama was health insurance companies charging astronomical prices and being allowed to deny people based on preexisting conditions
>>1513007 >slower hiring as the primary source of labor market cooling And before that they were mostly hiring foreigners and affirmative action hires. Any proposed solution to this problem will most likely center around whether to pull the immigrant lever yet again, with no acknowledgement of the millions of actual, qualified Americans that are left in desolation for no justified reason and are no longer factored into unemployment statistics due to their fixation on recency.
>>1513158 I was never able to afford health insurance and o'niggercare charged my family a penalty for it, roughly half the amount of our respective tax refunds every year. It was a penalty for being poor and not fulfilling the ACA mandate to guarantee profits for private insurance companies.
>>1513183 You're obviously speaking far ahead of your actual knowledge with regard to a stranger's circumstances, but suffice it to say the ACA actively damaged my livelihood despite being part of the "lower income" group that medication-obsessed hypocrites in your uniparty acted like they were helping out by enacting it.
>>1513184 Retards like you love forgetting that before ACA private insurance companies just straight up had conditions that were instant death sentences despite being very treatable because they didn't want to inevitably pay out on them.
>>1513193 And they didn't vote for it, unlike Democrats. You believe Democrats are powerless and being misled, but still want them in power? Are you like a retarded person?
>>1513179 I didn’t start paying for health insurance until 2021. I never had to pay a penalty. You have to be making a lot of money each year before you start getting penalized
>>1513199 >2021 >Mandate was removed in 2017 Why weren't you charged? Personally I lost my job and was unemployed for 7 months and Obama decided he needed $500 of my tax return more than I did. Additionally, the only states who revived the individual mandate (for their state's residents) are run by Democrats. So, how do you plan to spin this?
>>1513210 Loss of employement was never a valid excuse unless you were facing bankruptcy. Why should I have to beg the government for my money though? And nice spin attempt. Making me out to be inept and responsible for the theft was a nice try.
>>1513211 It's either that or the affordability exemption I guess. >inept Well it's not SUPPOSED to be cheaper to pay the fine in the first place. Something went wrong. All I can say is it works on my machine.
>>1513214 It actually was since COBRA is insane. ACA isn't much better without a subsidy though. Can liggerals do something about the base priceof insurance without pushing money to the billionaire healthcare scammers? No, they cannot. That's why they donate to the Democrats, to ensure their profits.
>>1513222 It has nothing to do with the term they've adopted from Rush Limbaugh decades ago. And I do know what a liberal is, that's why I'm making the distrinction. A liggeral believes it's a liberal, when it's actually a tool of neoliberal capital demoralized and too stupid to realize it. There's nothing liberal about modern "liberals".
>>1513096 So when oil companies were making record profits off the Ukraine war, that was psychopathic billionaires looting us all for their own personal gain?
>>1513096 >Are we just going to ignore oil companies making record profits off the Iran war? The funny thing is they aren't really; because a decent chunk of THEIR oil is also locked up in the strait, they're being forced to increase prices just to make up for it. There's a few companies making a bit more bank, but records aren't quite being broken yet and they're losing massive amounts of money for all the oil and ships stuck there.
>>1513199 >You have to be making a lot of money each year before you start getting penalized That was not the case for the first couple of years of the ACA.
>>1513091 American billionaires be best in world. Alex Karp is favorite and i wants gets job in Plantir when I emigrate and I gets jobs buying on commies like you.
