I keep screaming Labor Market is NOT SOLID (Patreon)

AI is taking a significant bite out of jobs, particularly entry-level positions. Even PhDs graduating cannot find work.

The BLS is set to revise DOWN US job numbers by 550,000-950,000 for 12 months ending March 2025 on September 9, according to Goldman Sachs estimates.

That’d be the biggest 12-month downward revision in 15 YEARS.

Total cut over 2 years would reach 1.5M jobs.

Either Jerome Powell is a Psyop or a WEF Puppet or delusional. Not sure which!

Jerome Powell 19 Days ago July 30, 2025 (FOMC Press Conference)

• "In the labor market, conditions have remained solid. Payroll job gains averaged 150,000 per month over the past three months. The unemployment rate, at 4.1 percent, remains low and has stayed in a narrow range over the past year."

• "The labor market’s solid—historically low unemployment."

• "The labor market looks, looks solid."

• "If you take the totality of the labor market data, you’ve got a solid labor market."

• "The labor market is actually still quite solid."