The average monthly U.S. job creation has fallen below 20,000, making this the worst economy since the depths of the 2020 and 2008 crises.
We've never seen annual jobs numbers this low outside of recession.
I was talking to a friend about the labor market today, and he said, “Unskilled worker is a term made up by capitalists to justify why a person working 40+ hours a week is still poor,” and I can’t unsee it.