New data indicates a significant rise in layoffs under President Trump’s administration, with over 1.17 million job losses announced in 2025, a rate not seen since the peak of the COVID-19 pandemic. November alone saw 71,321 job losses, representing a 24% increase compared to the previous year. This surge in terminations coincides with Trump’s global tariff campaign, which is thought to be a contributing factor. While there are some positive economic signs, such as a drop in unemployment applications, the trend has been a marked increase in job losses in key sectors, despite the administration’s claims of economic success and job creation.
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Job data reveals a stark contrast in the employment landscape. Smaller firms are experiencing significant job losses, attributed to factors like tariffs and reduced consumer spending from the lower and middle classes, resulting in 120,000 job cuts. Conversely, medium and large businesses show job growth. However, the Secretary of Commerce instead placed blame on the government shutdown and Democrats.
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1000 employees out of work as flatbed operator files for bankruptcy: It’s a harsh reality, a sudden jolt to a thousand lives and families. The news highlights the instability that can grip even seemingly essential industries like trucking. According to reports, Montgomery Transport, the company in question, saw its financial troubles begin earlier in the year. The situation took a turn when the principal owner, One Equity Partners, decided to exit the trucking industry, initiating the search for a buyer.
The proposed sale of Montgomery Transport to P and S Transportation was set to close at the end of September. However, a lawsuit and restraining order, reportedly filed by Rollins Montgomery, abruptly halted the process.… Continue reading
The September ADP report revealed a concerning downturn in the US private sector, with a loss of 32,000 jobs and a significant downward revision of August’s figures. This decline, driven primarily by small businesses and widespread across various industries, contrasts sharply with economists’ expectations. The revision was, in part, due to a preliminary benchmarking of data, which adjusted the picture of hiring trends. These findings, coupled with other indicators like the BLS report, point toward a slowing labor market, heightening concerns amidst government uncertainties.
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US private payrolls post first drop in more than two years is the headline, and it’s a significant one. For the first time since March 2023, we’re seeing a decrease in private employment. The ADP National Employment Report showed a drop of 33,000 jobs last month, a stark contrast to the upwardly revised increase of 29,000 in May. Economists, who had predicted a gain of 95,000 jobs, are likely rethinking their projections. This downward trend raises some serious questions about the health of the economy, and it’s a wake-up call that shouldn’t be ignored.
This reversal is happening at a time when many feel the government is taking actions that are not supportive of economic stability.… Continue reading
Unemployment benefit claims increased to an eight-month high of 247,000 last week, exceeding analysts’ predictions and raising concerns about the economy’s future. This rise, though still historically low, follows a trend of decreased consumer and business confidence, potentially linked to ongoing tariff uncertainty. The job market shows signs of cooling, with fewer job openings and a decrease in employee resignations, suggesting a slowdown in the previously robust hiring environment. Analysts anticipate modest job growth in May’s official employment report, further indicating a potential economic shift.
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Cleveland-Cliffs announced the indefinite idling of three steel plants—two in Pennsylvania and one in Illinois—affecting approximately 950 workers, starting June 30th. This decision, attributed to weak demand and pricing for specific products like high-carbon steel sheets, is unrelated to tariffs. The company emphasizes that flat-rolled steel production remains unaffected. While some mines and another steel plant are also idled, Cleveland-Cliffs anticipates restarting its Cleveland blast furnace and a Michigan plant contingent on improved automotive production.
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Senate Republicans recently claimed that Elon Musk lacks the authority to dismiss individuals from their positions. This statement, however, seems to directly contradict the observable reality of widespread firings following Musk’s involvement in various sectors. The sheer scale of job losses raises serious questions about the Republicans’ assertion.
The assertion that Musk lacks the power to fire people feels incongruent with the numerous accounts of individuals losing their jobs after Musk’s pronouncements or actions. If indeed Musk lacks such power, then who bears the responsibility for these widespread dismissals? This question remains unanswered, and the lack of accountability is particularly concerning.… Continue reading
Amazon’s announcement to close all seven Quebec warehouses, resulting in nearly 2,000 job losses, has prompted Industry Minister François-Philippe Champagne to demand a review of the federal government’s relationship with the company. While Amazon attributes the closures to operational efficiency, the timing follows the unionization of a Montreal warehouse, raising concerns about potential retaliatory action. Champagne has contacted Amazon’s CEOs, expressing his dissatisfaction and hinting at potential repercussions, including a review of the government’s numerous contracts with the company. The minister’s strong response underscores the federal government’s intent to address the situation and protect Canadian workers.
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