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The Job Report Is a Lie: The Labor Market Is Falling Apart.
Manage episode 488382780 series 2866335
According to the Bureau of Labor Statistics the United States added 139,000 “non-farm payroll jobs” in the month of May, 2025. These figures came in close to what experts projected and depending upon one’s ideological perspective, it was either evidence of economic strength and resilience under Trump or a sign of a slowing job market as a result of Trump’s tariff policies and economic uncertainty. What the mainstream media didn’t cover as much were the prior month revisions, or how the demographic shifts are artificially boosting labor participation numbers. With an economic slowdown on the horizon, AI already taking entry-level jobs, recent graduates having trouble finding employment, a quarter of the population participating in the gig economy and an aging population, there is trouble brewing. And some of it is already here.
Resources
Bureau of Labor Statistics: Employment Situation Summary - 2025 M05 Results
Tulane: Importance of Data Collection in Public Health
Common Dreams: Hitler’s First 100 Days — And Trump’s
St. Louis Fed: Labor Force Participation Rate (CIVPART)
St. Louis Fed: Labor Force Participation Rate - 25-54 Yrs. (LNU01300060)
St. Louis Fed: Labor Force Participation Rate - 55 Yrs. & over (LNS11324230)
AARP: Are the Last Boomers Ready for Retirement?
CNN: AI company’s CEO issues warning about mass unemployment
Gig Economy Data Hub: How many gig workers are there?
US Census Bureau: Demographic Turning Points for the United States: Population Projections for 2020 to 2060
UNFTR Resources
Building a Civilian Labor Corps: Bracing for the AI Job Apocalypse.
Video: 2025 Jobs Data is Total BULLSH*T
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If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord.
Become a member at unftr.com/memberships.
Buy yourself some Unf*cking Coffee at shop.unftr.com.
Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.
Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.
Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.
Support the show: https://www.buymeacoffee.com/unftr
See omnystudio.com/listener for privacy information.
338 episodes
Manage episode 488382780 series 2866335
According to the Bureau of Labor Statistics the United States added 139,000 “non-farm payroll jobs” in the month of May, 2025. These figures came in close to what experts projected and depending upon one’s ideological perspective, it was either evidence of economic strength and resilience under Trump or a sign of a slowing job market as a result of Trump’s tariff policies and economic uncertainty. What the mainstream media didn’t cover as much were the prior month revisions, or how the demographic shifts are artificially boosting labor participation numbers. With an economic slowdown on the horizon, AI already taking entry-level jobs, recent graduates having trouble finding employment, a quarter of the population participating in the gig economy and an aging population, there is trouble brewing. And some of it is already here.
Resources
Bureau of Labor Statistics: Employment Situation Summary - 2025 M05 Results
Tulane: Importance of Data Collection in Public Health
Common Dreams: Hitler’s First 100 Days — And Trump’s
St. Louis Fed: Labor Force Participation Rate (CIVPART)
St. Louis Fed: Labor Force Participation Rate - 25-54 Yrs. (LNU01300060)
St. Louis Fed: Labor Force Participation Rate - 55 Yrs. & over (LNS11324230)
AARP: Are the Last Boomers Ready for Retirement?
CNN: AI company’s CEO issues warning about mass unemployment
Gig Economy Data Hub: How many gig workers are there?
US Census Bureau: Demographic Turning Points for the United States: Population Projections for 2020 to 2060
UNFTR Resources
Building a Civilian Labor Corps: Bracing for the AI Job Apocalypse.
Video: 2025 Jobs Data is Total BULLSH*T
--
If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, TikTok and Instagram at @UNFTRpod. Visit us online at unftr.com. Join our Discord at unftr.com/discord.
Become a member at unftr.com/memberships.
Buy yourself some Unf*cking Coffee at shop.unftr.com.
Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations.
Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.
Unf*cking the Republic is produced by 99 and engineered by Manny Faces Media (mannyfacesmedia.com). Original music is by Tom McGovern (tommcgovern.com). The show is hosted by Max and distributed by 99.
Support the show: https://www.buymeacoffee.com/unftr
See omnystudio.com/listener for privacy information.
338 episodes
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