{"id":1056422,"date":"2025-10-07T14:06:00","date_gmt":"2025-10-07T18:06:00","guid":{"rendered":"https:\/\/democrats.org\/?p=1056422"},"modified":"2025-10-07T14:06:01","modified_gmt":"2025-10-07T18:06:01","slug":"new-reports-trumps-job-market-continues-to-take-devastating-hits-because-of-his-reckless-trade-war","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/new-reports-trumps-job-market-continues-to-take-devastating-hits-because-of-his-reckless-trade-war\/","title":{"rendered":"New Reports: Trump\u2019s Job Market Continues to Take Devastating Hits Because of His Reckless Trade War\u00a0"},"content":{"rendered":"\n
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As a result of Trump\u2019s government shutdown, the Bureau of Labor Statistics elected not to<\/a> release its monthly jobs report, forcing economists to turn to other reports. Unfortunately for Trump, those show that jobs continue to disappear and layoffs continue to spike under his watch. <\/p>\n\n\n\n

Internal data<\/a> from Bank of America released yesterday revealed that job growth in September was so weak that it slowed the three-month moving average of job growth to the lowest level in years. According to investment giant Carlyle\u2019s proprietary data<\/a>, just 17,000 jobs were added to the job market in September \u2014 even lower than August\u2019s anemic BLS report. And just Sunday, Moody’s Analytics\u2019 chief economist Mark Zandi wrote that<\/a> there was \u201cessentially no job growth\u201d in September. <\/p>\n\n\n\n

Trump\u2019s trade war has specifically slashed manufacturing jobs<\/a> \u2014 despite promises of a \u201cmanufacturing renaissance.\u201d Last week, Bloomberg reported<\/a> that US factory activity shrank for a 7th consecutive month, due to a pullback in orders. <\/p>\n\n\n\n

In response, <\/em><\/strong>DNC Rapid Response Director Kendall Witmer released the following statement<\/em><\/strong>: <\/em><\/strong><\/p>\n\n\n\n

\u201cDonald Trump\u2019s economy is in free fall, and there\u2019s no hiding it. He already used his government shutdown as an excuse to dodge another devastating jobs report \u2014 and even still, numerous economic reports reveal his economy continues to slow. Trump\u2019s tariffs are an economic nightmare for Americans: Prices are up on everything from groceries to utilities, and it\u2019s nearly impossible to find a job as layoffs spike. Trump can\u2019t escape the reality that his disastrous policies are throwing the job market into turmoil and crushing working families while the rich get richer.\u201d<\/p>\n\n\n\n

Trump has been claiming<\/a> that his reckless tariffs are making the U.S. an \u201ceconomic power\u201d and bragging that there is \u201cno inflation\u201d\u2014 but Americans aren\u2019t buying his lies. A staggering 74% of Americans<\/a> say that the economy is in poor or fair condition, and nearly half believe that it has worsened during Trump\u2019s term. There\u2019s no getting around the fact that Trump\u2019s economy is failing \u2014 and working families are the ones paying the price. <\/p>\n","protected":false},"excerpt":{"rendered":"

As a result of Trump\u2019s government shutdown, the Bureau of Labor Statistics elected not to release its monthly jobs report, forcing economists to turn to other reports. Unfortunately for Trump, those show that jobs continue to disappear and layoffs continue to spike under his watch.  Internal data from Bank of America released yesterday revealed that […]<\/p>\n","protected":false},"author":302,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1056422","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nNew Reports: Trump\u2019s Job Market Continues to Take Devastating Hits Because of His Reckless Trade War\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/new-reports-trumps-job-market-continues-to-take-devastating-hits-because-of-his-reckless-trade-war\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-07T18:06:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-10-07T18:06:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1101\" \/>\n\t<meta property=\"og:image:height\" content=\"483\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tristin Byrd\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tristin Byrd\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/new-reports-trumps-job-market-continues-to-take-devastating-hits-because-of-his-reckless-trade-war\/\",\"url\":\"https:\/\/democrats.org\/news\/new-reports-trumps-job-market-continues-to-take-devastating-hits-because-of-his-reckless-trade-war\/\",\"name\":\"New Reports: Trump\u2019s Job Market Continues to Take Devastating Hits Because of His Reckless Trade War\u00a0 - 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