The Jobs Report Everyone Will Misread
• Armstrong Economics - Martin ArmstrongThe May jobs report came in far stronger than expected. Nonfarm payrolls rose by 172,000 while other economists were looking for roughly 80,000 to 85,000 jobs.
ON AIR NOW
Click to Play
The May jobs report came in far stronger than expected. Nonfarm payrolls rose by 172,000 while other economists were looking for roughly 80,000 to 85,000 jobs.
Initial claims are the highest since February 7, 2026.
For years, they told an entire generation that the future belonged to people sitting behind computer screens, pushing paper around in climate-controlled offices, while anyone working with their hands was somehow a failure.
It was the largest workforce reduction, as a share of total headcount, in S&P 500 history.
Too many white men were supporting their families by driving trucks, so of course our leaders had to end that by importing unqualified foreigners. A lot of people have died in the process. Gord Magill is a trucker who saw it happen.
The number of American men participating in the workforce has fallen to one of its lowest levels in nearly two decades, according to new federal labor statistics.
Two problems, actually. You fired humans to save money and bought a subscription that bills you into a corner.
In the wake of attacks on CEOs, a nationwide protest movement targeting data centers, and increasing concerns about AI job replacement, federal intelligence agencies and domestic law enforcement are circulating reports with a new domestic target in m
99 Percent Of CEOs Are Planning AI Job Cuts, And The Gap Between The Rich And The Poor Just Continues To Explode
Viral meme won't fix 45% youth unemployment or corrupt exam system, but has done what the media wouldn't dare do: Say it out loud
One idea floated by Republicans would create a minimum salary requirement for H-1B workers that's much higher than the current pay scale, thus removing the financial incentive to replace U.S.-born workers...
Josh Smith is one of the most talented bladesmiths in the world. He started the ?@MontanaKnifeCompany? years ago, in his garage in Missoula. Last month, he moved his operation into a 51,000 square foot manufacturing facility.
Josh Smith is one of the most talented bladesmiths in the world.
The number of Americans filing for unemployment benefits for the first time fell to 209k last week (below expectations), continuing to show absolutely on signs of any labor market stress...
Working for the Man has always sucked, and they even write songs about it. Some people thrive in a structured environment with set expectations and defined rules, while others simply cannot be contained by a 9-to-5 job and daily commute.
A court case raises the stakes in China.
When people say opportunity is dead, I don't think they mean it literally. What they're really saying is, "I've looked everywhere I know to look...and I still can't find the job I was promised."
Coinbase employees woke up Tuesday morning to an email from the CEO announcing a workforce reduction of up to 14% as part of a broader push to make the crypto firm "leaner, faster, and AI-native."
Two months ago, the BLS reported that January job openings unexpectedly soared by 400K, the biggest increase since November 2024, to 6.946MM, the highest since last October.
AI CEOs are selling us the dream of 'freedom', making billions off the fear of mass job loss! Scott Galloway reveals the truth is more complicated and far more deceptive.
Rise of the AI-rport robots! Japan Airlines is using humanoid baggage handlers to load luggage on and off flights
A lot of people are trying to predict the future of work right now--what AI will replace, what jobs are safe, what paths still make sense.
This episode is about AI agents, OpenAI and Anthropic competition, the future of work, energy breakthroughs, Bitcoin and quantum risk, biotech, and humanoid robots.
There are many forces at work to eliminate jobs due to AI. First, your job is rendered obsolete. Second, roles are being replaced by AI across multiple workers, resulting in layoffs.
A full 10% of their global workforce will disappear in a single day. Another wave of layoffs will hit later in 2026, pushing total cuts to 16,000.
Dario Amodei just said 50% of tech JOBS, entry-level lawyers, consultants, and finance professionals will be WIPED OUT in 1 to 5 years
The FaceBook currently known as Meta for one failed venture that incinerated nearly $100 billion in cash for its failed transformation to a virtual reality hub while laying off thousands, is at it again.
A real-world example shows taxes eat into marginal income, steering workers toward lower-paying, but more pleasant, jobs.
...and every CEO already knows it.
Welcome to Impact Theory with Tom Bilyeu. In today's deep dive, we confront one of the most critical questions facing the workforce: Is artificial intelligence fundamentally changing the job market, or are we simply witnessing a natural economic cy