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cross-posted from: https://lemmy.world/post/40818690
NEED TO KNOW
Donald Trump bragged about eliminating hundreds of thousands of federal jobs in a Dec. 26 Truth Social post
The White House’s Rapid Response team said job positions within the U.S. government are at the lowest level since 2014, with 271,000 roles abolished
According to the latest data from the Bureau of Labor Statistics, the unemployment rate in the United States in November is at 4.6%, with 7.8 million people unemployed
Why would you brag about this?
The fun part is, if you actually include the people that have given up, the number is around 25%! https://www.morningstar.com/news/pr-newswire/20251224dc53584/nearly-one-in-four-workers-functionally-unemployed-says-ludwig-institute
Isn’t it neat how th BLS lies with statistics?😘
More numbers: https://www.lisep.org/
I don’t trust any numbers. I just know I have been unemployed for over a year and have massive education and experience. I always considered myself to be a bit of the canary in the cole mine with my unemployement as every time I am for over 3 months is generally looked back as some major crisis.
Let’s assume average pay is 40k per those employees. 270,000 x 40,000 is almost 11 billion dollars taken out of the economy. 11 billion dollars that isn’t going to rent, property taxes, food, entertainment.
So stupid.
Not to mention most if not all of those jobs were providing real value to the country.
Hey, Satan! Welcome back.