One hundred eighty-seven thousand. Lowest since 1969. They are falling all over themselves to say the labor market is working.
Here is what they are celebrating:
Fifty-seven thousand jobs added in June. Less than half the month before. Employers pulling back.
The unemployment rate dropped to 4.2% — not because people found work, but because they gave up looking and were no longer counted. That is not a recovery. That is a reporting trick with a body count.
The real number — U-6, the one that counts discouraged workers and people stuck in part-time jobs they did not choose — sat at 7.9%. But you will not find that in the headline.
So the whole goddamn victory lap is built on the back of people who stopped believing anyone was hiring, stopped sending applications, and fell off the official scorecard. And these donor-owned jackasses are holding a parade over it.
The bipartisan economy that shipped the jobs out, replaced the union floor with gig scraps, and told workers to learn to code — that economy produced exactly what it was designed to produce: a labor force so beaten down that giving up counts as good news.
You want to know how the number got so low? People broke. That is the story. Not strength. Not a booming market. People broke.
And the same politicians who gutted the bargaining power, killed the safety net expansions, and spent forty years telling families to eat shit and call it opportunity — those are the ones taking a bow.
Do not tell me the labor market is healthy because fewer people are asking for help. The help ran out. The hope ran out. The number ran out after them.
Eat shit. You did not fix the economy. You broke the people and called it a statistic.
Source story: US jobless claims fall to 187,000, lowest since 1969.