Adam Schiff Didn't Want Biden's Pardon but Watch His Weasel Spin About Not...
Requiescat In Pace: World Leaders and Faithful Gather at the Vatican to Pay...
Jamaal Bowman Pulls the Alarm: The NFL is 'Afraid' of Shedeur Sanders Because...
'Been Owed This for 5 Years'! Scott Jennings Calls Out Randi Weingarten's Lies...
Up Next for Dem Sen. Chris Van Hollen: Margaritas With Judge Dugan?
Massive Explosion Rocks Iranian Port of Bandar Abbas Causing Widespread Damage, Injuries (...
'This Is a Crime'! CNN Legal Analyst Throws a Wrench In Dems' Narrative...
Milwaukee Democrat Rep Encourages People to Obstruct ICE from Arresting Criminal Illegal A...
Scott Jennings Schools CNN Panelists on Why an Activist Judge’s Arrest Had to...
FOIA Revelation: Biden White House Labeled Libs of TikTok and Gays Against Groomers...
Ken Dilanian Loved Going After Trump but Thinks Arresting Judges Who Break the...
As More Activist Judges Get Arrested Let’s Remind Democrats that ‘No One Is...
Writer and Pop Culture Expert Says Draft Overlooking Shedeur Sanders is Like Whipping...
Epstein Accuser and Abuse Survivor Virginia Giuffre Found Dead by Suicide
Jamie Raskin is OUTRAGED that a Judge Could Face Justice for Allegedly Helping...

This Is Fine! Biden-Harris Economy Sees Layoffs JUMP in August and Hiring at Historic Lows

AP Photo/J. Scott Applewhite

This news kind of slipped past our radar, but it does not bode well for the Kamala Harris campaign:

Advertisement

In other words, layoffs are up and hiring is at historic lows.

But BEST ECONOMY EVER, JACK!

Here's more from CNBC:

Layoffs soared in August, hitting their highest total for the month in 15 years, while year-to-date hiring reached a historic low, outplacement firm Challenger, Gray & Christmas reported Thursday.

Announced job cuts totaled 75,891 for the month, lurching 193% higher than July. Though the total was just 1% higher than the same month in 2023, it was the highest number for August going back to 2009, as the economy was still escaping the worst of the global financial crisis.

On the hiring front, companies said they were adding just 6,101 new workers, up by nearly 2,500 since July, but down more than 21% from August 2023. The year-to-date hiring announcements of nearly 80,000 is the lowest total in history going back to 2005.

We're sure this is fine and totally bodes well for the economy going forward.

Advertisement

Very concerning.

Ugh.

But this also reminds this writer of 2008 -- when McCain suspended his campaign on September 25 due to the financial crisis.

If things tank before the election, it'll wreck Kamala Harris' campaign.

Yep.

No, it isn't.

Advertisement

It always plays out the same way.

Just a matter of how the timeline falls.

If by 'half the country' you mean Democrats and the media, yes.

The rest of us suffer no such delusions.

Sigh.

We certainly hope not.

Join the conversation as a VIP Member

Recommended

Trending on Twitchy Videos