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re: According to Goldman Sachs, a DOWNWARD revision of up to -950,000 jobs is coming

Posted on 9/4/25 at 1:58 pm to
Posted by Arkaea79
Member since Sep 2022
966 posts
Posted on 9/4/25 at 1:58 pm to
quote:

Didn't Trump just fire the person in charge of reporting jobs numbers because he didn't like what they were putting out? Is he gonna fire this person too?


I see you dont read real well.

Revision is from march 2024 to March 2025
Posted by CastleBravo
Rapid City, SD
Member since Sep 2013
1070 posts
Posted on 9/4/25 at 1:59 pm to
Sounds like a great time to cancel the H1B program.
Posted by MajorityWhip
Member since Oct 2020
1167 posts
Posted on 9/4/25 at 1:59 pm to
quote:

I assume the revision is in regards to the last administration faking numbers.


Winner, winner....chicken dinner.
Posted by BurlesonCountyAg
Member since Jan 2014
4525 posts
Posted on 9/4/25 at 2:07 pm to
This makes the Trump administration’s economic numbers even more impressive! And he’s doing this IN SPITE of the swatch market collapse!
Posted by 50_Tiger
Arlington TX
Member since Jan 2016
42955 posts
Posted on 9/4/25 at 2:09 pm to
quote:


I'm the busiest I've ever been and we can't hire enough people...(engineering and CAD).


What are your wages at?

There's always two sides to this story
This post was edited on 9/4/25 at 2:10 pm
Posted by Gifman
Member since Jan 2021
17408 posts
Posted on 9/4/25 at 2:33 pm to
Some Fortune 250s are starting to cut out 401k match completely in the last month
Posted by Tuscaloosa
13x Award Winning SECRant user
Member since Dec 2011
50443 posts
Posted on 9/4/25 at 2:36 pm to
Job numbers, aside from being completely fabricated, were also propped up by government jobs for the entirety of Biden’s administration.

Pretty easy to have good looking job numbers when you can just create positions out of thin air and hire LaQueesha to staff them.
Posted by tigeraddict
Baton Rouge
Member since Mar 2007
14397 posts
Posted on 9/4/25 at 2:37 pm to
quote:

I'm the busiest I've ever been and we can't hire enough people...(engineering and CAD).


we have engineering postings we cant fill as well.......taking just aboput anyone with some for of technical degree and still cant fill positions....
Posted by TBoy
Kalamazoo
Member since Dec 2007
27521 posts
Posted on 9/4/25 at 2:37 pm to
How many federal workers were fired and federal contractors defunded in the first quarter of 2025? That probably explains the entire revision.
Posted by GetmorewithLes
UK Basketball Fan
Member since Jan 2011
22218 posts
Posted on 9/4/25 at 2:39 pm to
quote:

Didn't Trump just fire the person in charge of reporting jobs numbers because he didn't like what they were putting out? Is he gonna fire this person too?


4D chess. Jerome Powell will have to issue a rate cut. Fed’s reasoning for not was employment was too high
Posted by Rico Manning
NOLA’s Secret Uncle
Member since Sep 2025
222 posts
Posted on 9/4/25 at 2:40 pm to
When will people start seeing the puzzle image forming instead of looking at each puzzle piece and saying “huh, this is nuts”.

We are heading towards a digital ID era, technocratic feudalism, agenda 2030/P2025 mashup.

Job loss and economic crisis is just one part of this agenda forming.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73172 posts
Posted on 9/4/25 at 2:40 pm to
quote:


How many federal workers were fired and federal contractors defunded in the first quarter of 2025? That probably explains the entire revision.


Wrong
Posted by stout
Porte du Lafitte
Member since Sep 2006
179514 posts
Posted on 9/4/25 at 2:42 pm to
quote:


How many federal workers were fired and federal contractors defunded in the first quarter of 2025? That probably explains the entire revision.



Read the thread

This was for the last 10 months under your daughter raping hero Biden
Posted by Swamp Angel
Somewhere on a river
Member since Jul 2004
9686 posts
Posted on 9/4/25 at 2:44 pm to
Ending at the end of March 2025 or the beginning of March 2025?

Either way, the numbers prior to 1/20/25 belong to the previous administration and I suspect that is what brings about the expected downward revision. More of the fact skewing during the previous four years is being brought to light.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
69012 posts
Posted on 9/4/25 at 2:45 pm to
quote:

How many federal workers were fired and federal contractors defunded in the first quarter of 2025?


Probably close to zero
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
94756 posts
Posted on 9/4/25 at 2:47 pm to
This would be a major scandal. If they have to revise the jobs numbers from March 2024 to March 2025 by essentially 1 million jobs - that's over half a percent of the entire job market. During an election year.

Hard to parse that as merely "gross incompetence". Smells like attempts to interfere in an election to me.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
296383 posts
Posted on 9/4/25 at 2:47 pm to
quote:

We are heading towards a digital ID era, technocratic feudalism, agenda 2030/P2025 mashup.


This is our future, no doubt.
Posted by Bring Da Wood
Texas
Member since Dec 2006
2146 posts
Posted on 9/4/25 at 2:48 pm to
So the incompetent lady running the BLS stats gets fired. A new person looks at the data and realizes jobs were down 950k under Biden. Should anyone be surprised the books were being cooked? I bet crime is really down in Dem cities too LOL.
Posted by i am dan
NC
Member since Aug 2011
30434 posts
Posted on 9/4/25 at 2:50 pm to
quote:

AI is gonna kill the workforce


AI is the new illegal immigrant.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
69012 posts
Posted on 9/4/25 at 2:52 pm to
quote:

Should anyone be surprised the books were being cooked?


Not sure if Broseph Stalin is surprised, but it does seem like he's a little confused.
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