-unemployment rate is 4.4%, up from 4.1% last Dec
-payroll employment up 50k; total gain this year only 585k compared to 2.0 million in 2024
-federal employment is down 277k since Jan, a loss of 9.2% federal jobs
#EconSky
-unemployment rate is 4.4%, up from 4.1% last Dec
-payroll employment up 50k; total gain this year only 585k compared to 2.0 million in 2024
-federal employment is down 277k since Jan, a loss of 9.2% federal jobs
#EconSky
@reuters.com
@reuters.com
substack.com/home/post/p-...
substack.com/home/post/p-...
www.nytimes.com/2025/12/18/u...
www.nytimes.com/2025/12/18/u...
“Wage gains are slowing.
“710,000 more people are unemployed now versus November 2024.”
@byheatherlong.bsky.social
“Wage gains are slowing.
“710,000 more people are unemployed now versus November 2024.”
@byheatherlong.bsky.social
The U.S. labor market lost 41,000 jobs over October and November, and the unemployment rate ticked up to 4.6% — the highest since 2021.
The U.S. labor market lost 41,000 jobs over October and November, and the unemployment rate ticked up to 4.6% — the highest since 2021.
Man repeatedly begs agents to look at his digital passport ID—they refuse.
Drove him 7 miles away before releasing him alone into Minnesota snow storm—told him to "walk home" in freezing weather advisory.
Man repeatedly begs agents to look at his digital passport ID—they refuse.
Drove him 7 miles away before releasing him alone into Minnesota snow storm—told him to "walk home" in freezing weather advisory.
All to ourselves.
All to ourselves.
You couldn't write comedy better than this. It's better than VEEP.
You couldn't write comedy better than this. It's better than VEEP.
The national debt is higher.
The trade deficit is wider.
The inflation rate has worsened.
The unemployment rate is up.
The national debt is higher.
The trade deficit is wider.
The inflation rate has worsened.
The unemployment rate is up.
@wsj.com
www.wsj.com/livecoverage...
@wsj.com
www.wsj.com/livecoverage...
First, the obvious: Higher costs → either lower profits or higher prices.
Second, more subtle (perhaps bigger): We’ve signaled we’re an unreliable partner, so allies are reorganizing supply chains to avoid us. That's hard to unwind.
First, the obvious: Higher costs → either lower profits or higher prices.
Second, more subtle (perhaps bigger): We’ve signaled we’re an unreliable partner, so allies are reorganizing supply chains to avoid us. That's hard to unwind.
But what relative to the day he came to office?
❌ Access to rare earth minerals
❌ Soybean sales
❌ Access to Chinese markets
❌ Predictable rules
www.nytimes.com/2025/10/30/w...
But what relative to the day he came to office?
❌ Access to rare earth minerals
❌ Soybean sales
❌ Access to Chinese markets
❌ Predictable rules
www.nytimes.com/2025/10/30/w...
In 1981, the year trickledown economics began, it was 31.
In 1981, the year trickledown economics began, it was 31.
@cnbc.com
www.cnbc.com/2025/10/17/h...
@cnbc.com
www.cnbc.com/2025/10/17/h...