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Nonilex
Nonilex
@Nonilex@masto.ai  ·  activity timestamp 2 days ago

The #US #economy added just 50,000 #jobs in December, capping off one of the weakest years of job gains in decades

The latest #BLS data means 2025 saw the weakest annual job growth since 2003, with just 584,000 jobs added in the entire year.

#labor #inflation #tariffs #recession #trump #trumpcession
https://www.cnn.com/business/live-news/us-jobs-report-december-01-09-2026?cid=ios_app

CNN

The US economy added just 50,000 jobs last month | CNN Business

Economists were expecting 55,000 jobs to have been added in December.
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Nonilex
Nonilex
@Nonilex@masto.ai replied  ·  activity timestamp 2 days ago

Almost 85% of the job gains for 2025 happened by April, said Heather Long, chief economist at Navy Federal Credit Union. “There was little hiring the rest of the year,” she wrote in commentary issued Friday.

That’s notable since April was the month that #Trump introduced his aggressive #tariffs on global trading partners.

Also, Trump had only been in office 2 months by April & the #economy was still benefiting from #Biden’s policies.

#jobs #unemployment #inflation #recession #trumpcession

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