January worst month for job cuts since 2009
11 responses | 0 likes
Started by metmike - Feb. 5, 2026, 9:48 a.m.

US layoffs jump 205% in January, hitting 17-year high driven by UPS, Amazon
https://economictimes.indiatimes.com/tech/technology/us-layoffs-jump-205-in-january-hitting-17-year-high/articleshow/127935938.cms?from=mdr

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 Business

January worst month for job cuts since 2009: Report

https://thehill.com/business/5724073-employers-cut-jobs-restructuring/

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Layoffs in January were the most to start a year since 2009, as employers like Amazon and UPS slashed jobs

https://www.businessinsider.com/january-layoffs-cuts-highest-level-since-2009-challenger-2026-2

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Comments
By metmike - Feb. 5, 2026, 9:51 a.m.
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Hiring slows in December to end the weakest year of job growth since the pandemic

https://www.npr.org/2026/01/09/nx-s1-5670392/jobs-employment-labor-market-economy-tariffs

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2025 Was the Worst Non-Recession Year for Jobs Growth Since 2003

                

Jobs this past year grew at a rate 70 percent slower than the year before Trump took office.

https://truthout.org/articles/2025-was-the-worst-non-recession-year-for-jobs-growth-since-2003/



By metmike - Feb. 5, 2026, 9:59 a.m.
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Donald Trump's rating of his economy:

Trump rates economy ‘A-plus-plus-plus-plus-plus’ ahead of event touting affordability

https://thehill.com/homenews/5640090-donald-trump-economy-inflation/

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Lying about the economy will continue until morale improves 

Our great President Donald Trump will, of course, lead us in the necessary lying

https://www.usatoday.com/story/opinion/columnist/2025/12/17/jobs-report-economy-trump-hoax/87794187007/

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Donald Trump created this video himself last year to demonstrate how he  feels about and in many cases impacts Americans, institutions, businesses and most realms that he considers to be beneath his omnipotence( almost everybody).

We're witnesses that exactly now with his economy.


  Trump's SHOCKING AI VIDEO shows him DUMPING SHIT on 'NO KINGS' protesters    

https://www.youtube.com/watch?v=ugrn6DNAYEU

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By metmike - Feb. 5, 2026, 10:04 a.m.
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Previous related threads:

                Fed's Dual Mandate            

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                More delusional tariffs!            

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                Trump's Influence on Markets/Economy            

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    Disappointing jobs report today (9/5/25)            

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By metmike - Feb. 5, 2026, 10:52 a.m.
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U.S. Manufacturing Is in Retreat and Trump’s Tariffs Aren’t Helping

Levies on imports were supposed to bring back a golden age of U.S. manufacturing. They haven’t worked, so far.

By 

David Uberti

ET

https://www.wsj.com/economy/u-s-manufacturing-is-in-retreat-and-trumps-tariffs-arent-helping-d2af4316?gaa_at=eafs&gaa_n=AWEtsqce9rk44jP66onA1ANvsl253Jlerm5X3zdfPfxvc7pN7zx3GnJdyqRbmzKG-4U%3D&gaa_ts=6984be82&gaa_sig=hJ9d1A-UOmFghiuVBrATLZJh6HpNpD9lgKiN0e9S03zNZPjWbQ679KYZxnNmWkqS8zecZqbu7BzC6-QXce2HGw%3D%3D

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Trump said tariffs would bring factories 'roaring back.' So why are manufacturing jobs on the decline?

 

The Effects of Tariffs, One Year Into Trump’s Trade Experiment

Five charts show the impact on the economy after a year of sweeping trade changes by the Trump administration.

https://www.nytimes.com/2026/02/02/business/trump-tariffs-one-year-later.html

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By metmike - March 6, 2026, 10:47 a.m.
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U.S. payrolls unexpectedly fell by 92,000 in February; unemployment rate rises to 4.4%

https://www.cnbc.com/2026/03/06/february-2026-jobs-report.html

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This will obviously cause inflation pressure:

                Market opens tonight, 3-1-2026/crude            

                                            By metmike - March 6, 2026, 9:30 a.m.            

By metmike - March 14, 2026, 4:11 p.m.
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U.S. Economy Was Vulnerable Before War With Iran

Economic growth at the end of 2025 was revised downward and consumer prices rose at the start of 2026.

https://www.nytimes.com/2026/03/13/business/economy/consumer-prices-inflation-pce-february.html?campaign_id=60&emc=edit_na_20260313&instance_id=172449&nl=breaking-news&regi_id=132144013&segment_id=216617&user_id=3a086fdad95a2105a96317cef857687e

Economic growth was slower at the end of 2025 than data first showed and inflationary pressures persisted at the start of this year, a troubling snapshot of an economy on unsteady footing before war with Iran upended oil and financial markets.

Consumer prices increased moderately in January, the Federal Reserve’s preferred inflation gauge showed on Friday. Economists worry prices will march even higher in the coming weeks. And gross domestic product, the benchmark measure of economic growth, which is adjusted for inflation, was revised down to a 0.7 percent annual pace for the last three months of the year.

The Personal Consumption Expenditures price index, the Fed’s preferred inflation gauge, notched a 0.3 percent monthly increase in the first month of 2026. Compared with the same time last year, prices were up 2.8 percent. The “core” inflation reading, which strips out more volatile food and energy prices, came in at 0.4 percent on a monthly basis, and 3.1 percent on an annual basis. That is a full percentage point above the Fed’s 2 percent target.

“It basically shows that inflation firmed up to start the year,” Omair Sharif, founder of the research firm Inflation Insights, said of the data. “All the key measures are moving in the wrong direction.”

A snapshot taken just before the shock to oil prices from the war with Iran, the price data offer a worrisome setup for inflation going forward.

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The US economy grew just 0.7% last quarter, ahead of a potentially destabilizing war with Iran    

https://www.cnn.com/2026/03/13/economy/us-consumer-sentiment-gdp

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It doesn't take a rocket scientist (or atmospheric scientist) to see the ruinous economic path that Donald Trump is taking our country down based on the authentic facts/empirical economic data and evidence. The wait and see period has looooooong passed. The verdict is in and this is all self/country inflicted damage by Donald Trump.

By cutworm - March 15, 2026, 8:34 p.m.
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This cut in federal employment probably is a big reason why employment numbers are down. A 10.8% cut in staffing should (if they don't spend it somewhere else) cut government spending. 


Over 317,000 federal employees left the U.S. government in 2025 due to workforce reductions and agency downsizing, with a significant number of these departures attributed to buyouts and voluntary separations, as reported by USA Today and the Office of Personnel Management (OPM). While thousands were officially laid off, the massive reduction is part of a 10.8% net decrease in the federal workforce in 2025, according to Federal News Network. 

Key points regarding the 2025 federal workforce cuts include:

  • Total Departures: Approximately 317,000 to 335,000 employees left the government (including retirement and resignation) between January and December 2025.
  • Layoffs: Over 11,000 workers were formally laid off by late 2025, with CBPP reporting 17,000 through Reduction in Force (RIF) processes.
  • Impacted Agencies: Significant cuts occurred across various departments, including 25% of the IRS IT workforce, and reductions at the FDA, CDC, and EPA.
  • Net Reduction: Despite 68,000 new employees joining, the net staffing level dropped by roughly 10.8%.
  • Voluntary Departures: A substantial percentage of the reduction was due to employees taking voluntary
  •  buyout offers. 
  • Private sector job growth slowed significantly in 2025, with early data indicating a weak year. According to ADP data, private employers added 398,000 jobs in 2025. Other reports indicated that total nonfarm employment growth in 2025 was the weakest since 2020, with 584,000 total jobs added for the year. 
    • ADP Data: The ADP National Employment Report noted 398,000 private sector jobs were added in 2025, a steep decline from 771,000 in 2024.
    • Total Payroll Trends: Total employment growth (which includes the public sector) slowed to 584,000 for 2025, down sharply from 2 million in 2024.
    • Revisions & Weakness: Early 2025 saw the majority of job gains (84% in the first four months), with growth stalling later in the year, making it the weakest year for job growth since the 2020 pandemic.
    • Sector Performance: While health care and social assistance showed strength (713,000 jobs added), manufacturing and professional services sectors experienced job losses. 
By metmike - March 16, 2026, 2:19 a.m.
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Excellent topic/report cutworm!

I'll try to look more deeply into these stats tomorrow.

For sure there was a massive loss of government jobs as stated and one would think that would reduce the payroll budget. There's a graph at the bottom of this page that shows that with the monthly drops last year. 


ADP Data: The ADP National Employment Report noted 398,000 private sector jobs were added in 2025, a steep decline from 771,000 in 2024.

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Treasury Confirms Spending Up $142 Billion in 2025

https://www.crfb.org/press-releases/treasury-confirms-spending-142-billion-2025

The Treasury Department just confirmed that spending continues to rise. The federal government has already spent $3.6 trillion from January to June of 2025 – up $142 billion from this same period last year.  

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The purge of government jobs, I thought was over many months ago, however it might still be going on based on the latest data???

U.S. economy lost an alarming 92,000 jobs in FebruaryPrivate sector experienced vast majority of losses, one-third were due to temporary strikes

https://www.epi.org/blog/u-s-economy-lost-an-alarming-92000-jobs-in-february-private-sector-experienced-vast-majority-of-losses-one-third-were-due-to-temporary-strikes/

Donald Trump has been insisting the his tariffs will be bringing back tons of manufacturing jobs. 

The exact opposite has been happening:

Elise Gould‪@elisegould.bsky.social‬

Manufacturing jobs fell again, down 12,000 between January and February 2026. Since January 2025, the manufacturing sector has lost 100,000 jobs. I repeat: The manufacturing sector lost 100k jobs since Trump took office. #EconSky #NumbersDay

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‪Elise Gould‬ ‪@elisegould.bsky.social‬

· 9d

Job losses in Feb were most acute in health care, due to striking workers who have since gone back to work. Notable losses as well in leisure and hospitality and educational services. Job were added in financial activities and social assistance. On net, 92k job losses for Feb.


‪Elise Gould‬ ‪@elisegould.bsky.social‬

· 9d

Attacks on the federal workforce continue. Federal employment has shrunk an alarming 327,000 jobs since January 2025. The vital services federal employees provide cannot be done without these essential workers. The cost of these losses are only beginning to be felt.#EconSky #NumbersDay



By metmike - March 18, 2026, 11:30 a.m.
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 Moody's says a US recession is increasingly 'hard to avoid' amid Iran war

https://www.euronews.com/business/2026/03/18/moodys-says-a-us-recession-is-increasingly-hard-to-avoid-amid-iran-war

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                3-12-26 SPR oil/gas prices            

                            12 responses |             

                Started by metmike - March 12, 2026, 11:26 a.m.            

https://www.marketforum.com/forum/topic/118598/

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   Re: : Market opens tonight, 3-1-2026/crude           

                            By metmike - March 18, 2026, 10:49 a.m.      

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“If the Strait remains closed, we’re not talking about a global recession – we’re talking about a depression”

                       

Oil market researcher Rory Johnston on what happens if the war does not end

https://www.newstatesman.com/international-politics/2026/03/if-the-strait-remains-closed-were-not-talking-about-a-global-recession-were-talking-about-a-depression

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The US doesn't even have a person in Iran that they can negotiate deals with now!!!

https://www.marketforum.com/forum/topic/118250/


                Psychopaths            

                                             Started by metmike - March 16, 2026, 10:50 p.m.
            https://www.marketforum.com/forum/topic/118728/




By metmike - March 18, 2026, 12:14 p.m.
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Recession is a 'serious threat' as oil prices collide with a weakening job market, economist Mark Zandi says

https://www.businessinsider.com/recession-outlook-mark-zandi-economy-oil-prices-job-market-iran-2026-3

The Moody's chief economist previously told Business Insider that he saw the threat of economic recession for the US as increasingly likely. Now, he believes that the threat is rising, largely due to the convergence of two key economic forces.

A strong upward move in oil prices since the Iran war began has led other economists to voice concerns about the economy recently, and Zandi highlighted the weakening US labor market as a bearish force that could be exacerbated by the latest energy volatility.

By metmike - March 18, 2026, 1:02 p.m.
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TSA official warns smaller airports could shut down amid DHS funding crisis

 Acting deputy administrator fears 'significant pain' for passengers if worker callouts continue to climb

https://www.foxnews.com/media/tsa-official-warns-smaller-airports-could-shut-down-amid-dhs-funding-crisis