Scott Thurm
@scottthurm.bsky.social
Retired journo. WSJ, Wired, The Information et al
Reposted by Scott Thurm
While federal cuts drove large losses in October, it's important to note that private-sector employment grew an average of only 44k per month over the last six months, down from an average growth rate of 130k in 2024. Employment is undeniably slowing this year and it's not just about federal cuts.
December 16, 2025 at 2:46 PM
While federal cuts drove large losses in October, it's important to note that private-sector employment grew an average of only 44k per month over the last six months, down from an average growth rate of 130k in 2024. Employment is undeniably slowing this year and it's not just about federal cuts.