Still think manufacturing isn't in contraction? Just wait until next month when the annual benchmark (red line) gets incorporated into the nonfarm payroll data and then the existing drop (blue line) gets much worse (orange line)… pic.twitter.com/impq87BGNX
— E.J. Antoni, Ph.D. (@RealEJAntoni) January 10, 2025
So the last #jobs report of the #Biden presidency came out stronger than expected. Now when more honest jobs reports are released under #Trump, the media will blame him for destroying what they falsely claimed to be Biden's strong labor market.
— Peter Schiff (@PeterSchiff) January 10, 2025
RECESSION IS COMING
The labor market continues to deteriorate, which is a sign we are nearing recession. In 2024, the U.S. economy added 2.2 million jobs, which is down from the 3 million jobs created in 2023. There were about 800,000 fewer jobs created in 2024 than in 2023.…— King of the Charts (@ChartingProdigy) January 10, 2025
Biden’s last job report looks strong, but future honest reports under Trump will expose the media’s false labor claims.
I think there’s going to be a number of economic indicators that “suddenly” look more pessimistic. Politically driven window dressing for the last 4 years.
— RebelMajority (@RebelMajority) January 10, 2025
We live in a simulation. pic.twitter.com/AJLIxjfDm5
— Guilherme Tavares (@i3_invest) January 10, 2025
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