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Javaman

(64,917 posts) Tue Oct 7, 2025, 06:39 AM Oct 7

America saw 'essentially no job growth' last month, Moody's warns [View all]

https://www.kxan.com/news/national-news/america-saw-essentially-no-job-growth-last-month-moodys-warns/

(NewsNation) — With official data on hold due to the government shutdown, economists are turning to private reports, and the early signs, according to Moody’s, aren’t good.

“This data shows that the job market is weak and getting weaker,” Moody’s Analytics chief economist Mark Zandi wrote Sunday.

Zandi pointed to two separate private reports — from ADP and Revelio Labs — which, when averaged together, suggest there was “essentially no job growth” last month.

The monthly jobs report from payroll-processing firm ADP showed the U.S. shed 32,000 private-sector jobs in September.

more at link...

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you can add this to the pile of reasons the orange asshole will not want the government to reopen.

33 replies

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Highlight:

America saw 'essentially no job growth' last month, Moody's warns [View all] Javaman Oct 7 OP

Biden blame going to rev up in 3, 2, 1... kerouac2 Oct 7 #1

What a perfect situation for Krasnov, gab13by13 Oct 7 #2

Or 1500% MustBeTheBooz Oct 7 #22

It's getting scary out there where I live Johnny2X2X Oct 7 #3

Donald Trump is intentionally causing the next Great Depression. Initech Oct 7 #18

... and then he'll claim: "Only *I* can save you from this depression!" Beartracks Oct 7 #19

That's exactly what cult leaders do! Initech Oct 8 #32

It's about power Johnny2X2X Oct 8 #31

If GOP in charge - hard times not far behind. 617Blue Oct 8 #29

Carlyle Group estimates only 17,000 jobs added in September progree Oct 7 #4

This, in a country that needs at least 150,000 net new jobs EVERY MONTH just to keep up with population growth peppertree Oct 7 #6

So we're down to relying on the WH and Carlyle/private equity firms for employment figures? nt wiggs Oct 7 #15

So much winning peppertree Oct 7 #5

everything he touches dies.... democratsruletheday Oct 7 #7

But it's no use with his Chumpkins peppertree Oct 7 #8

Please tell me that pictue is a joke IbogaProject Oct 7 #10

It is...for now peppertree Oct 7 #11

But hey, there's a golden age coming or something! Initech Oct 7 #9

Just wait until January. roamer65 Oct 7 #12

oh yes it will be. nt Javaman Oct 7 #13

Joe Biden Johnny2X2X Oct 7 #14

Project 2025 plans to eliminate the mandate for job growth and employment IronLionZion Oct 7 #16

I have been unemployed since the end of April. milestogo Oct 7 #17

Who the f6ck needs government data when a 34-time convicted felon..... wolfie001 Oct 7 #20

What does that mean for inflation? multigraincracker Oct 7 #21

Republicans did this to America Champp Oct 7 #23

Repugs dweller Oct 7 #26

Well, since trump is laying workers off instead of Figarosmom Oct 7 #24

Here is the cure for Trumpism Playingmantis Oct 7 #25

This is why the tangerine did away with the report liberal N proud Oct 7 #27

GOP leadership. 617Blue Oct 7 #28

that's an oxymoron mdbl Oct 8 #30

Hreatest economy evah... 617Blue Oct 10 #33