CNBC: Do you think we are starting to see a real slowdown in the jobs market?

HASSETT: Yeah, I think the jobs numbers were slower than we expected

Replies

  1. OH BOY IS ANTI-TRUTH FASCIST LYING CRIMINAL TRUMP GOING TO THROW A TANTRUM ABOUT THIS - his crony Hassett saying something that's actually true - that Trump's trade tariff war; mass corruption; and Putin/Trump/Miller's Fascist Prison Police State/oppression of innocent workers; IS KILLING USA JOBS!

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  2. What difference does no tax on tips make when the administration policies are killing tourism, job growth is slowing, there would be a tendency to go out less with higher prices, and people are becoming more frustrated with tip culture?

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  3. Hassett is like the seedy, lying, smirking front man for trump.

    He is just gross.

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  4. Job ads are now just fake as MAGA so they can sell your info and can send you lots of spam. Look at Buffalo Wild Wings look up if a job for that place. I didn't see what kind of spam you're gonna get at least seven or eight or nine a day of spam and fake click through bait

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  5. While I do believe Donny doesn't want bad news about his policies, I think the admin also doesn't want the numbers put out because it keeps the wealthy comfortable in their cruelty.

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  6. Oh yeah. That โ€œbig beautifulโ€ bill! Itโ€™s not going to do squat for the lower to middle class. Prices still going up and up.

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  7. That talk totally different than on the Sunday news shows. Still the whole bit โ€œon the horizonโ€ and reference to a bill/law that had to have another designation other that the BBB BS

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  8. myaidog.bsky.social profile picture

    The Orange Dictator who has started the Tariff Wars will now increase food prices and other supplies that families need. You can thank your GOP / MAGA representatives for supporting this unnecessary attack on your familyโ€™s budget. He & they donโ€™t care about your struggles. (Btw the wealthy are ok)

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  9. CNBC goes along with Trump's delusion. Or maybe they believed him. Why would anyone believe him when he's shown for decades he's nothing but a liar?

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  10. Uh-Ohโ€ฆ Hassett better be prepared for getting the boot from Dictator Don.

    THIS๐Ÿ‘‡is what happens if you tell the truth in this corrupt regime๐Ÿ‘‡

    ALT: a man in a suit and tie is giving a speech and saying bye bye .
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  11. I heard this real time today. He says they are paying down the debt with tariffs but he forgets to mention that money is coming from Americans and American companies. ๐Ÿคจ these people really believe we are clueless.

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    1. Deport random non-whites and kill small business, farms tourism.
    2. Gee, what happened with jobs? Must've been the statistician!

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  12. "....but once the trickle down effects of tax cuts for the wealthy start happening....."

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  13. Cutting interest rates at this point is going to be disastrous, because the tariffs are going to spike inflation significantly, now that the warehouses of pre-tariff goods are running out.

    The fix for the economy isn't cutting interest rates.

    The fix is to remove the tariffs.

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  14. We are in a recession! Work is grinding to a halt tourism is waaaaay down! Welcome to Trumpistan Fuck the poor & middleclass!!

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  15. Wait until the government employees who had to take the DRP Fork in the Road lose their jobs 9/30. Those October job numbers are going to be really hard to make look good.

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  16. ......... never have I seen a human in more need of a pin being pushed into the side of his head to let the hot air out.......... or ffs, maybe let some in.

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  17. batt46.bsky.social profile picture

    Like 2 year old.. so disgusting to hear big beautiful bill repeated by these weirdos

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  18. sulfork.bsky.social profile picture

    WTF This occurred June 27,2025 Four big tech executives the Army directly commissioned to be lieutenant colonels, with no military background, will not recuse themselves from business dealings with the Department of Defense -- as the Pentagon, particularly the Army, cozies up to Silicon Valley.

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  19. ayre.ca profile picture

    This guy smiles like he has someone continuously fogging his vicinity with nitrous oxide.

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  20. Waitโ€ฆWut? Spanky just said the numbers were fake & that his โ€œrealโ€ job numbers were fantasticโ€ฆup by a gazillion percent!

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  21. Itโ€™s interesting just to see the choice of words used by trumpโ€™s regime to describe โ€œan economic collapseโ€ in process. ๐ŸงŒ

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  22. 10s of thousands get fired. Idiot politicians and talking heads: omg ๐Ÿคก job numbers are down!!!!! Howw????

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  23. Who says "eyes on the horizon"?
    Hassett keeps using it like it's a well known idiom. Even if you're trying to convey "long term perspective", it just sounds like a good way to trip on something and faceplant into a sidewalk.

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  24. Because the president says everything and always says nothing you can claim was right about anything.

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  25. Itโ€™s interesting to hear Hassetโ€™s takeโ€”slower job numbers are definitely something to keep an eye on. ๐Ÿ“‰ Do you think this is a temporary dip, or are we heading into a longer-term trend? Iโ€™d love to hear your perspective on what might be driving it.

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  26. Gee so shocking not shocking given the steep increase in prices to consumers from tariffs, Consumers that will quit buying non necessities and quit going out as much, The steep decline in tourists because they think America is bat-shit right now and on and on...

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  27. Jobs are absolutely going in the tank (especially tech jobs)

    Inflation is going to skyrocket by September

    I hope Trump and his band of merry crooks has a plan, otherwise WE ARE IN A HEAP OF SHIT

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  28. No matter what they say when the cameras are rolling, they know the recession has started.

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  29. The thin gruel they serve at Alligator Auschwitz has more tone than Kevin Hassett. Heโ€™s as white as a marshmallow, but not as firm.

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  30. I'm pretty sure I'll only feel better about the 2nd half of the year if rump dies before then. Reject fascism! Revolution is now or never! ๐ŸŒŠ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡บ๐Ÿ‡ฆ๐ŸŒˆ๐ŸŸง๐ŸŒ๐Ÿฉธ๐Ÿ’™

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  31. Why do Republican administrations continually fuck the US economy and fuck over everyday people?

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  32. Everything is going to get worse economically. I plan to not make any big purchases, travel anywhere, and try to save my money as much as I can. What little I have left over that is. Because I fully expect a big economic downturn.

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  33. Don't you just want to slap that patronizing smug smile right off his face? Raise your hand if you got a $10k raise. WTF is that lie all about. D-bag is trying to gaslight the economy. It doesn't work like that Kev.

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  34. And the corrections are even more concerning. During Biden, many corrections upped the numbers. Now with Donald we're correcting down. And we may not get accurate numbers in the future ๐Ÿ˜ข๐Ÿคฌ๐Ÿ˜ฑ

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  35. So Hassett The Dope just completely reversed himself. ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ๐Ÿคฆ๐Ÿปโ€โ™‚๏ธ

    bsky.app/profile/atru...

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  36. The Big Bullshit Bill will absolutely not stimulate the economy, especially for the average working person. It only helps the extremely wealthy. Thereโ€™s no reason to be optimistic when we look at the horizon under oligarchical authoritarianism.

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  37. How can you tell if job numbers are increasing or decreasing if the statistics office has been yoked to a political party with a self-interested motivation to manipulate them?

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  38. Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein Epstein

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  39. The fucking numbers are the numbers our pockets feel it the economy is slowing down and by definition jobs slow down basic economics

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  40. dmc73.bsky.social profile picture

    @dmc73.bsky.social

    They were slower than they expected and working overtime to kill the one industry that is making jobs a positive number.

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  41. AND...U.S. Factory Orders Declined in June There has been a drop in orders for two of the past three months.

    #Downhill #EconSky

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  42. Headed for a full-on recession due to Trumpโ€™s tariffs, which shouldnโ€™t be a surprise because economists called it even before Kraznov was elected.

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  43. And now begins the set-up.Hassett admitting low #โ€™s But heyโ€Hold my Beer, next month the BBB will kick in and these numbers will โ€œmiraculouslyโ€double, maybe even triple next month with a โ€œnewโ€ person at the helm. The lower the better right nowโ€”fake extinguishing the ๐Ÿ”ฅ that they alone created.

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  44. 33,000 in May and June combined and 73,000 in July when 100,000 were expected. You need 150 to 200 thousand EVERY month just to break even. The numbers are catastrophic.

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  45. A slowdown was inevitable given rising rates and global uncertainty. The question now is: soft landing or hard crash?

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  46. โ€œThan expectedโ€? Which idiotic Trump policy did he think would actually encourage economic growth? Crony corruption? Self imposed inflation? Driving both low cost labor and highly educated labor out of the job pool?

    Just the stupidest fโ€™ing people on the planet.

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  47. Revised #s more accurate "if not being manipulated"??

    Highly optimistic for the BBB??? FACTORIES??? <2% of population no tax on tips +$10k for WHOM??? Tariff Revenue paid by WHOM???

    PRESSURE ON THE FED to lower interest rates that naturally raises inflation?

    =POTUS was right about it

    WTF!?

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