Economy
Related: About this forum1 Million Jobs Disappeared In America, And The US Job Market Is Collapsing 🪚
- LMA, Large Man Abroad. Nov. 7.25 (13 mins).
- Description: In this video, we discuss the impact of one million jobs disappearing from the American job market. The American people are in the greatest cost of living crisis in a generation, and stable, good paying jobs are becoming more rare as competition increases.
The U.S. job market is in collapse, and the people don't know what the future of the U.S. holds for them. 🇺🇲
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- YouTube Comments, Select:
- Who is going to pay all the plumbers and electricians when nobody else has a job? That is the reality of a collapsing economy.
- Those blue collar jobs ain't as safe as you think either.. As soon as robotics gets to a point they can, they will replace humans.
- These corporations need to start replacing all the CEO's with AI's, that way they don't have to pay one person $40 million a year. That way they can give raise to regular workers and still save money. 💵
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- 'Homeless woman was living inside Michigan rooftop store sign with computer and coffee maker,' Yahoo, AP News, May 9, 2024.
https://democraticunderground.com/11181280
Blue Owl
(58,082 posts)appalachiablue
(43,763 posts)appalachiablue
(43,763 posts)Last edited Thu Dec 11, 2025, 10:19 PM - Edit history (1)
LMA/Large Man Abroad, 3 months ago.
Van Life Exploding Due To Inflation in America. Dec., 2025. Some Americans choose to live in their vans or vehicles in the parking lot where they work in order to save time and money.
appalachiablue
(43,763 posts)Attilatheblond
(8,078 posts)Trump thinks the big casino called The Market where his billionaire boyz club pal gamble in is the ECONOMY. He really has no clue how anything works.
We The People who work and shop on Main Street USA are the economy. And we are NOT doing OK.
appalachiablue
(43,763 posts)Grolph_
(155 posts)Those of us with calloused hands who spend almost every dollar we earn create jobs when we shop for the needs in our lives.
We create jobs when we approve the school referendum. We create jobs when we create business development districts.
If they would share their oversized compensations with us, we would spend that money as well.
Think of all the jobs we could create if we all got annual increases that matched the CEO.
The gentried class are the takers. They take our resources, our rights and eventually our lives.
But hey, profits are up year over year and that is all that maters.
appalachiablue
(43,763 posts)MontanaMama
(24,599 posts)This is like watching a slow moving train wreck.
appalachiablue
(43,763 posts)Lovie777
(21,443 posts)correct numbers and its worse.
appalachiablue
(43,763 posts)Wiz Imp
(8,519 posts)numbers the guy in this video references. And to be clear, the guy in this video does not know what he is talking about. see post #10.
appalachiablue
(43,763 posts)LMA, 'the video guy' used the same data as CBS News, Newsweek and The Hill, all drawn from the Challenger report.
So much fuss!
Wiz Imp
(8,519 posts)have disappeared from the American job markett is FALSE.
He's referring to this:
https://www.challengergray.com/blog/challenger-report-71321-job-cuts-on-restructurings-closings-economy/#:~:text=NOVEMBER%20CUTS%20FALL%20FROM%20OCTOBER,companies'%20fiscal%20year%2Dends.
But thaat report does not say what he purports it to say. The Challenger report usually carries relatively little weight among economists because it only tracks publicly announced job cuts, most of which havent happened yet and some of which wil NEVER happen. While the announcements are made by U.S.-based firms, Challenger includes cuts to jobs overseas in its tally for multinational firms. The main reason it has gotten a little more attention recently is due to the delay in the BLS data due to the shutdown.
There is also this part of the Challenger report which is always ignored by the media and also contradicts this guy's claims.
Through November, U.S. employers have announced 497,151 planned hires, down 35% from the 761,954 announced at this point in 2024. It is the lowest year-to-date total since 2010, when 392,033 new hires were planned through November.
So the net drop in announce job cuts so far this year according to their report is actually less than 700,000.
appalachiablue
(43,763 posts)that also used the Challenger report for job info. Thanks for posting.
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- CBS News, Dec. 4, 2025.
Employers have cut more than 1.1 million jobs through November, the most since 2020, when companies laid off 2.2 million workers as the pandemic was slamming the U.S. economy, according to a new report from outplacement firm Challenger, Gray & Christmas...
https://www.cbsnews.com/news/employers-cut-1-1-million-jobs-2025-why-layoffs-rising/
LilElf70
(1,318 posts)Trump for EVERY one of those million jobs. So this is the art of the deal? What a con. What a failure.
bucolic_frolic
(53,629 posts)Companies are hiring for the new year, and for AI lest they be caught short. Once those skills are no longer needed, the less qualified will be fired and shakeout severe, the drop in spending will be worse.
appalachiablue
(43,763 posts)Response to appalachiablue (Original post)
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Cha
(316,229 posts)Dems don't Lie.. most of them anyway. They're out three working Hard for the American People
..
Against an avalanche of vicious Fascism.