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US economy unexpectedly sheds 92k jobs in February

bbc.com

1–10 of 836 posts

Re: US economy unexpectedly sheds 92k jobs in February

#4
I do not see the tourism industry mentioned here but I have to imagine that is a huge loss right now.

Most of the world is not visiting the US right now which means projects and planning that was made in anticipation for summer has probably been halted or heavily reduced.

Re: US economy unexpectedly sheds 92k jobs in February

#6
There's a vibe in at least the PNW that feels like the tech sector is sloughing jobs and avoiding creating new ones courtesy of AI. I genuinely wonder if that feeling is backed by reality and whether it's large enough to be translating into national statistics across all industries.

Re: US economy unexpectedly sheds 92k jobs in February

#9

What a favorable headline. In reality everyone knows why the economy isn’t growing: Trump’s policies are paradoxically anti business given his public persona of this big bad amazing businessman. The guy failed at selling steaks in America. In America.

I think failing at gambling (especially at a time when like 2 cities had a monopoly on gaming in the US) is bigger proof of his lack of acumen.

Re: US economy unexpectedly sheds 92k jobs in February

#10
post #7

I would like to know how much contraction is normal. I assume there's always some contraction around that time, because the holiday season is ending and the temp workers are being let go. I didn't see any mention of this in the article though (or I missed it).

> US economy >> unexpectedly << sheds 92,000 jobs in February
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