In Reply to: New video shows elderly couple trying to stop and disarm Bondi gu posted by mh on December 16, 2025 at 10:51:58
The unemployment rate rose to 4.6%, the Bureau of Labor Statistics announced on Tuesday, the highest level since September 2021 when the economy was still recovering from massive COVID-19 job losses.
The 4.6% unemployment rate is higher than the 4.5% the Federal Reserve Bank predicted it would peak at this year, and marks yet another troubling sign for the economy that President Donald Trump has crippled with his nonsensical tariffs.
Cartoon by Clay Jones
“Con job president” by Clay Jones
The unemployment rate is worse for specific subsets of the population. Black workers have an 8.3% unemployment rate—a whopping 2 percentage point increase since January, when Trump entered office. Roughly 800,000 fewer Black workers were employed in November than they were in November a year prior.
Ultimately, the economy added just 64,000 jobs since September. However, the economy lost 105,000 jobs one month prior, meaning job growth was actually negative over the last two months.
“The US economy is in a hiring recession,” Heather Long, chief economist at the Navy Federal Credit Union, wrote in a post on X. “Almost no jobs have been added since April. Wage gains are slowing. 710,000 more people are unemployed now versus November 2024.”
Long blamed the hiring recession on “a combination of tariff impacts, AI, and cost cutting.Americans are feeling it.”
Even worse is that the BLS said nearly 1 million people are underemployed, working part-time jobs for economic reasons because they cannot find full-time work.