Evidence piles up that Trump's tariffs are crushing job market

[Yo_Mama_Been_Loggin]

Unemployment claims have risen for the second-straight week, exceeding economists' expectations at the highest level in eight months, the Department of Labor announced on Thursday.

Initial jobless claims stood at 247,000 for the week ending on May 31, higher than the 236,000 claims that economists had been projecting. That jump caused the four-week moving average to increase by 4,500.

"New jobless claims are ticking up. The numbers are still low, but there's an upward trend. This is key to watch. The main reason the US economy has been so resilient is 159.5 million people are still employed and getting paychecks. If that goes down, a downward spiral will start,” Heather Long, the chief economist at Navy Federal Credit Union, wrote on X.

According to the Labor Department, the biggest surge in new unemployment claims was in Michigan, where 8,490 people filed claims—up 3,259 from the week prior. The state’s job losses came from the manufacturing industry, which is being hit hard by President Donald Trump's steel, aluminum, and automobile tariffs.

https://www.dailykos.com/stories/2025/6/5/2326147/-Evidence-piles-up-that-Trump-s-tariffs-are-crushing-job-market

[Norrrm]

1. If there is a problem, Donald has it covered... blame Biden.

[tanyev]

2. The Department of Labor will soon be forbidden to release any reports

that haven’t been vetted by some loyal toady in the White House.

[ananda]

3. I knew it. The company my sister runs is a primary example.

This is in north Dallas. They use a lot of cheap immigrant labor,
which they are losing because ICE agents are everywhere.

The owners (who voted for Trump) are really struggling trying
to fill the positions. The ones applying appear to be professionals
who have lost their jobs and are looking for anything they can
find.

They are also dealing with tariffs. My sister runs the company
and is about to retire. They are begging her to stay on, but
she is really ready to leave.

I told her, if she feels she should stay, to insist on working
half-time for full pay.

I don't think this is an isolated incident.