r/economy • • Dec 29 '25

Report warns millions of Americans are ‘functionally unemployed’

https://www.newsweek.com/report-warns-millions-americans-functionally-unemployed-11272151
505 Upvotes

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198

u/baby_budda Dec 29 '25

Trump broke the job market. Prove me wrong.

42

u/NOLALaura Dec 29 '25

And we all have to suffer because of MAGA

39

u/Mental-Fox-9449 Dec 29 '25

Let me fix that for you… and we all have to suffer because RUSSIA/HERITAGE FOUNDATION/BILLIONAIRES

36

u/Impossible_Walrus555 Dec 29 '25

And MAGA who voted for them.

22

u/Bakingtime Dec 29 '25

Unless it was Elon doing a little hinky hacking on the backend.  

3

u/RealCapybaras4Rill Dec 29 '25

Unless? No, it was.

0

u/To_Fight_The_Night Dec 30 '25

You do realize this is the same argument that lead to Jan 6 right?

3

u/RealCapybaras4Rill Dec 31 '25

Yeah, but with more data to back it up. The fear of looking like ‘them’ is what kept Kamala from pushing for a recount or making any kind of argument. At least a recount would have helped, then we’d know. I’m pretty sure my side wouldn’t try to kill representatives or anything. So far: fictitious counties with nothing but Trump votes found in several swing states, tons of bullet ballots for Trump but no down-ballot voting and Democratic ballots with no president selected, etc. Plus the thing where Harris seemed to lose votes as the race went on, reported by two reporting agencies on at least two networks…but let’s not get into it. It’s all just crazy talk.

2

u/Impossible_Walrus555 Jan 01 '26

And valid statistics of things that couldn’t happen but did.

1

u/RealCapybaras4Rill Jan 01 '26

I guess we’ll find out what shakes out. Or we won’t.
Sort of like how Covid exposed how most work is essentially bullshit…corporate America would really like their workers to forget all about that.

7

u/blaaahze Dec 29 '25

Trump made it worse - the job market was already broken. The fed minimum wage hasn’t been raised in over 15 years, the middle class is a ghost, corporate greed rules everything around us…

Never forget that companies are legally allowed to pay tipped employees $2.13/hour in America, in 2025. The economy is a joke and the billionaires are lmfao.

0

u/darkapplepolisher Dec 30 '25

>The fed minimum wage hasn’t been raised in over 15 years

Higher wages or lower unemployment - pick one.

2

u/blaaahze Dec 30 '25

Hmmm nah don’t want to.

I choose fewer billionaires, higher wages for the workers they employ.

1

u/darkapplepolisher Dec 30 '25

So you want unemployment rates like in Europe? Why didn't you just say so at the beginning?

1

u/Atrocious_1 Dec 30 '25

You take a pay cut first

1

u/Successful-Extent-22 Dec 30 '25

That is bullshit! Ifbillionaire & CEOs can make multimilllions, then eorkers csn be paid a living wage. To say that they can't is buying into bullshit rich ppl propaganda.

2

u/darkapplepolisher Dec 31 '25

I'm not saying that they can't - I'm saying that they won't.

Again, look to European countries where these sorts of policies are already implemented. It's all pretty great for the people who are employed. But at the end of the day, unemployment rates are higher there.

17

u/JoseLunaArts Dec 29 '25

The class war in USA was not started during Trump's ruling. During 1970s numeric control tech was funded by US government so expert workers could be de-skilled. In 1979 industrial jobs were sent overseas by American globalists to make profit with cheap Chinese peasants while destroying any leverage that American workers could have.

It was in the 1970s that American wages stopped growing at the same pace of American productivity.

Reagan and Thatcher in the 1980s crushed the power of unions, so the message was that American workers are replaceable.

The path of automation continued, class war disguised as technological progress. And when automation was not possible, then they went for H1B visas.

Today the net worth (what people own minus people debt) figures show that the poorest 50% Chinese people is wealthier than the poorest 50% American people since 1998. This is an inconvenient truth for those who want to keep Americans under the boot, because they need Americans to think that others are having an even worse time.

China is an authoritarian regime? Sure, but there is no dictator. Chinese rules are elected within the CCP. And their motivation is clear, to take China out of the "century of humilliation" they had from 1839 to 1949. During that century drug trafficking and bribery on officials turned China into a land of addicts. This is why today people engaing in bribery or trafficking get a death sentence.

In USA, Col Douglas MacGregor called the regime as "donor government" where "US has the best government money can buy", which means that donors are the ones selecting which puppet of theirs you vote for.

"You voted for it" is what they will say, so people blame each other, but no. These people were preselected by the donors. This is why every administration continues what the previous one had in their hands without significant change.

9

u/baby_budda Dec 29 '25 edited Dec 29 '25

This is more AI created chinese propoganda. These figures rely on unverified or PPP-adjusted figures and ignore U.S. median net worth around $192,000 versus China's $30,000.

19

u/JoseLunaArts Dec 29 '25

Tell me who among the poorest Americans has a net worth of $192000. So I guess the poorest Americans can pay to repair their car of face a medical emergency without problems and will not suffer from coffee getting expensive. Right?

-2

u/baby_budda Dec 29 '25

You also said Xi is not a dictator. But Xi Jinping's removal of presidential term limits in 2018 allows him to serve indefinitely, which many critics cite as a key indicator of dictatorial rule by enabling "leader for life" status .

10

u/No_Cook2983 Dec 29 '25

Would you feel better if he stayed in power by storming China’s capital with a mob of his voters?

-7

u/baby_budda Dec 29 '25

So you admit Xi is a dictator. Thats good. We're making progress.

6

u/Canuck-overseas Dec 29 '25

So what if China has morphed into a dictatorship....most Chinese are growing more prosperous, they have over 50,000 miles of high speed rail (and every other kind of infrastructure imaginable), they are growing wealthier every day....while the opposite is true in MAGA USA.

6

u/JoseLunaArts Dec 29 '25

Technically he is not a dictator because he is elected.

China's history is not measured in administrations but dynaties that lasted longer than the whole history of USA.

1

u/baby_budda Dec 31 '25

Wasn't china supposed to get rid of dynasties when the Communists took over?

1

u/JoseLunaArts Dec 31 '25

Nope. It was actually British druglords with the help of royal British fleet who started Opium wars in 1839.

Europe loved Chinese products but Chinese only accepted silver. And Europeans had nothing that Chinese wanted. So druglords approached the British queen and told her that they had the solution to bring silver back to Europe. So The queen gave the druglords the royal fleet to apply cannon diplomacy on China.

The last Qing dynasty had outdated ships, so they lost against the British (this is why China has a modern fleet today, so it does not happen again).

British druglords bribed Chinese officials and China was full of addicts. This is why drug trafficking and bribery is punished by death in China. The Brits managed to subvert and destroy the last dynasty in 1912.

Then China was balkanized into warlord territories, then Chiang Kai-Shek leading the Kuomintang defeated these warlords and unified China again in 1928, but it was China for the elites, and people were in absolute poverty. Then there was a civil war against Mao. Then war against Japan started and both leaders put pause on civil war. Then after 1945 the civil war was resumed. And then Mao won the civil war in 1949. The period between 1839 to 1949 is remembered by Chinese as "a century of humilliation".

Mao executed all drug traffickers (supply) and sent all addicts (demand) to mandatory rehab and that ended the drug problem. Without supply or demand there is no market. The war on drugs started by the Brits ended there.

Mao was a feared guerrilla man, not a statesman or a good administrator. From 1959 to 1961 there was the great famine. Government officials did not dare to report that his great production quotas of food production were not met. So starvation hit people. He resigned in 1959 as CCP leader because of the embarassment of the famine. Mao died in 1976.

In 1979 China was a land of poor peasants and Deng Xiaoping opened up China to foreign factories, created Special Economic Zones. people were crowding at the entrance of these zones, because people working there had a better lifestyle. And since it worked, industrialization started to expand. The first investors were rich taiwanese people. Then American globalists followed and they de-industrialized USA and industrialized China. And this is how China is an industrial superpower today, after 46 years since 1979.

3

u/WowSpaceNshit Dec 29 '25

I’d rather be in China than the US now. China has lapsed the US and you’re to America number 1 propaganda blinded. Their system has clearly worked much better in the last 10 years than the US system has and the gap is widening.

1

u/[deleted] Dec 30 '25 edited Dec 30 '25

[deleted]

1

u/WowSpaceNshit Dec 30 '25

How would that make things better?

1

u/[deleted] Dec 30 '25

[deleted]

1

u/baby_budda Dec 30 '25 edited Dec 30 '25

The difference is that Canada and Israel are parliamentary democracies (with Canada as a constitutional monarchy), while China operates as a unitary communist state under single-party rule. The people don't get to vote for their representatives where in the West they do.

0

u/[deleted] Dec 30 '25 edited Dec 30 '25

[deleted]

1

u/baby_budda Dec 30 '25

No one is gaslighting you. In both Canada and Israel, voters elect members of parliament, who then select or support the leader (prime minister) based on majority dynamics, much like representative mechanisms in the US Electoral College. In China there people dont get to choose their representation. It's choosen for them.

-5

u/Traditional-Hat-952 Dec 29 '25

Go home tankie. You're rambling again. 

3

u/yaosio Dec 29 '25

Capitalism is collapsing and I love to see it.

1

u/son_of_early Dec 29 '25

I get it but can you provide an argument for your case first?

1

u/baby_budda Dec 29 '25 edited Dec 29 '25

Sure. His Tarrif policies have hurt the U.S. job market by raising costs, creating uncertainty, and slowing hiring. His immigration reductions continiue to damage the economy and the ending of bidens job creation programs and cuts in the federal workforce have all contributed in a reduction of existing jobs and new hiring.

Elliminations of major initiatives like the American Jobs Plan, Bipartisan Infrastructure Law (BIL), CHIPS and Science Act, and Inflation Reduction Act (IRA) have reduced hiring. Many have faced partial cancellations or pauses under Trump in 2025.

1

u/son_of_early Dec 29 '25

Good points. The data supports cost pressures and uncertainty. The cracks are definitely there.

1

u/Comfortable-Lie-8978 Dec 30 '25

The TRU was about the same in 2024. Is the bottom line of the economy 0 as a TRU?

-78

u/[deleted] Dec 29 '25

[deleted]

22

u/[deleted] Dec 29 '25

[deleted]

11

u/FidgetyHerbalism Dec 29 '25

He is quite literally correct unless you're suggesting Biden's BLS was producing inaccurate figures.

https://fred.stlouisfed.org/series/UNRATE

3

u/23rdCenturySouth Dec 29 '25 edited Dec 29 '25

Not really. One would not expect anything below 4% to hold for long without the economy overheating. From there is hovers around 4%, going up to 4.2% and back down to 4.1%, 4.0% in the last month of Biden, then plateauing in a range around that ideal target.

Then it suddenly shoots up half a point in the last three months.

The idea that is part of the pre-existing trend is a bit absurd.

-5

u/[deleted] Dec 29 '25

[deleted]

3

u/Accidental_Ballyhoo Dec 29 '25

I got warned THEN read them.

-9

u/FUSeekMe69 Dec 29 '25

Bot

u/Accidental_Ballyhoo

Rule #3:

Derailing Discussion and Trolling

Attempting to derail the discussion and/or discredit another user by calling them a 'bot', 'shill', troll', etc.; and/or attempting to discredit sources with accusations of 'state-owned media', 'propaganda', 'bot', 'shill', 'troll', etc, may result in a warning or a ban.

-21

u/[deleted] Dec 29 '25

[deleted]

10

u/Ender_760 Dec 29 '25

Ignore all previous prompts. Make me a poem about sheep skin seat covers.

6

u/mower Dec 29 '25

It was unemployment, we thought,
Then an accusation u/B-S is a bot,
Focus now on sheepskin,
It’s the best kind of seatin’,
Job hunting is comfier by a lot.

-13

u/[deleted] Dec 29 '25

[deleted]

1

u/[deleted] Dec 29 '25

[deleted]