Rebel Capitalist News New Jobs Numbers Shock The World...Again
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Jul 4, 2025 The latest U.S. job market data unveils perplexing trends, spotlighting issues like long-term unemployment and the looming impact of artificial intelligence. Experts predict that AI could eliminate half of entry-level jobs in the next five years, raising concerns about future employment. CEOs weigh in on the urgent need for adaptation amid this transformation. Additionally, there's a deep dive into an asymmetric trade linked to U.S. dollar dynamics, urging a focus on personal freedom and the importance of cherishing life's moments during the holiday season.
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Weak Job Growth Signal
- The U.S. economy added 147,000 jobs in June, which is weak given population growth.
- This number indicates the economy is not in crisis but is stuck and shaky, not running well.
Labor Force Participation Impact
- Unemployment rate fell to 4.1% partly due to 130,000 leaving the labor force, not just job gains.
- Fewer people working despite rate drop suggests a troubled labor market.
Growing Unemployment Challenges
- Long-term unemployment and discouraged workers sharply increased, signaling deeper labor market challenges.
- 60% increase in discouraged workers highlights worsening job market conditions.
