this post was submitted on 03 Aug 2025
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To put into perspective how bad that jobs report is, you need to remember that January through July 2020 included three months of lockdown, shutdowns, and a worldwide pandemic.
aw, give Trump a break... good numbers are reliable and bad numbers are political! /s
Yeah but who was president the last time record job losses were recorded?
Were people fired en masse due to COVID?
... Yes.
About 40% of the company I work for.
And half the companies that took PPP loans to stay afloat just had their owners pocket the cash and fire everyone anyways.
I work in air travel. We were gutted