this post was submitted on 31 Mar 2026
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[–] SocialMediaRefugee@lemmy.world 21 points 3 hours ago

But the Trump admin controlled bureau of labor statistics says it is the best in decades.

[–] BigMacHole@thelemmy.club 61 points 4 hours ago (1 children)

I had NO IDEA that the Man who did this EXACT same thing Last Time he was President would do This!

-Republicans who Do Their Own Research TM!

[–] monkeyslikebananas2@lemmy.world 8 points 3 hours ago

You don’t understand! That was a dEmOcRaT hOaX!!!

[–] UnderpantsWeevil@lemmy.world 12 points 4 hours ago (1 children)

That explains why the markets are up.

[–] SocialMediaRefugee@lemmy.world 3 points 3 hours ago (1 children)

One day change in a downward trend.

[–] UnderpantsWeevil@lemmy.world 8 points 3 hours ago (1 children)

I mean... maybe?

If you could predict these trends, you'd be fantastically wealthy. But as it stands, I've been living through the biggest Bull Run in history going back to 2020. Markets took off like a rocket ship after 2024.

I'd love to believe this is where the gravy train ends. But I don't doubt Trump's ability to flood cheap money into the economy and keep the Big Stock Number inflating for a few more years.

[–] Fluke@feddit.uk 3 points 1 hour ago

I can predict the start of a fuel shortage in a few weeks when the last deliveries get to refineries and refineries crater their output to try and avoid running dry. (Shutting down a refinery safely is not exactly a simple process, nor is restarting one from cold.) Fuel prices skyrocket, shortages start, fuel rationing is introduced, it only gets worse from there.

All the knock on effects from oil (and it's industrially very important byproducts) going stupid... Well, that may trigger a global recession that makes everything before it look like merely a warmup.

[–] SnarkoPolo@lemmy.world 7 points 3 hours ago

"Coming up, Carson has some tips on how to keep your car going through those three delivery gigs!"

[–] dan1101@lemmy.world 52 points 6 hours ago (2 children)

I'm starting to think this trunp guy isn't a very good president.

[–] lennybird@lemmy.world 28 points 4 hours ago (1 children)

ya I could excuse the pussy grabbing and Epstein files and impeachment and overturning democracy and botching the covid response and working with Bibi and Putin and dividing the nation and mocking pow war heroes and disabled journalists and gold star families and so on but really, it's seeing gas up when I pump that has really helped me connect the dots!

[–] lemmyng@lemmy.world 30 points 4 hours ago (1 children)
[–] Fedizen@lemmy.world 10 points 4 hours ago* (last edited 4 hours ago)

If only they were that principled. Many of these absolute weirdos will support tv business man president no matter what he does.

[–] Tylerdurdon@lemmy.world 6 points 5 hours ago

You know what, I think you're right!

[–] FosterMolasses@leminal.space 26 points 6 hours ago (2 children)

That's actually crazy. As in... the last time people were physically restricted from leaving their homes?

How is that even possible.

[–] Fedizen@lemmy.world 13 points 4 hours ago (2 children)

Nobody was physically restricted from leaving their homes. Large gatherings were forbidden and most places were closed. People were restricted from gathering anywhere enclosed.

[–] dogslayeggs@lemmy.world 5 points 1 hour ago (1 children)

There were actual lockdowns in some cities. I had to carry a piece of paper from my company saying I was a necessary worker just so I could drive to work. They weren't letting people drive around for a short period of time... which ended roughly when everyone realized how stupid that was. My city also didn't allow gatherings outdoors, too. They closed all hiking trails, even to solo hikers.

[–] Fedizen@lemmy.world 3 points 1 hour ago (1 children)

The term "lockdown" is a huge misnomer though. Most of it was private businesses being closed or remote only.

I'm so tired of all the embellishments people put on describing 2020. Just once I'd like people to be honest and straightforward and just describe what happened that instead of borrowing language from the most insane people in society to describe it.

[–] dogslayeggs@lemmy.world 1 points 11 minutes ago

That is what I did. I was being honest and straightforward with using the word lockdown. Maybe your city was different, but we literally were not allowed to drive without a paper saying we were required to. I would drive to work in the worst traffic city in the country and there would be zero other cars on the road. We were literally not allowed to use public parks or hiking trails or playgrounds, even when alone. Churches were not legally allowed to hold services in person. These are all real things that happened in my city.

https://www.cdph.ca.gov/Programs/CID/DCDC/Pages/COVID-19/limited-stay-at-home-order.aspx

https://www.nbclosangeles.com/news/local/la-county-orders-closure-of-bars-gyms-just-as-city-of-la-did-day-before/2329930/

https://www.nbclosangeles.com/news/coronavirus/governor-projects-56-of-californians-may-be-infected-with-coronavirus-in-next-8-weeks/2332217/

[–] UnderpantsWeevil@lemmy.world 8 points 4 hours ago (1 children)

Large gatherings were forbidden and most places were closed.

Large gatherings were discouraged. But (at least in the US) nobody suffered any actual penalties for congregating.

Most places were closed because people were hiding from the deadly plague.

So much of this is conservatives who - at the fucking time were as terrified of the Wuhan Flu as everyone else - have retconned the COVID Pandemic to be a Fake And/Or Woke Virus that only they were cleared eyed enough to ignore.

[–] dogslayeggs@lemmy.world 3 points 1 hour ago

Ummm... there were actual penalties in some cities for congregating.

https://apnews.com/article/covid-california-church-fine-6daddfd8325e7d63b9828092a69eca8a

And places in some cities were forced to be closed, not just closed because they didn't have customers. My city didn't allow some businesses to open at all.

[–] DeathsEmbrace@lemmy.world 7 points 5 hours ago

A self sabotaging government that thinks every one of their decisions favours themselves.

[–] FiniteBanjo@feddit.online 60 points 14 hours ago* (last edited 14 hours ago) (1 children)

Maybe it would help if the Heavy Machinery and Tech economy, and one of the world's largest exporters of food, could import some fucking steel and aluminium and afford some fucking fertilizer, or even have a trade partner to sell beans to.

[–] UnderpantsWeevil@lemmy.world 8 points 4 hours ago (2 children)

No. No no no. The problem is job killing regulations and high taxes.

[–] MJKee9@lemmy.world 7 points 4 hours ago (1 children)

Don't forget the international trans mafia. They are really the ones to blame. All that power the LGBTQ+ community wields being abused to crash the job market.... It's a real shame.

[–] UnderpantsWeevil@lemmy.world 4 points 3 hours ago

That explains why every pro-athlete All-Star is transgender now.

[–] FiniteBanjo@feddit.online 2 points 3 hours ago

The /s is mandatory

[–] pelespirit@sh.itjust.works 103 points 17 hours ago (2 children)

This is from his government, so it's probably way worse:

New data from the US Bureau of Labor Statistics released on Tuesday continued to show weakness in the American jobs market.

The latest Job Openings and Labor Turnover Survey (JOLTS) shows that the number of new hires in February decreased to 4.8 million, which was roughly 400,000 fewer hires than were recorded in February 2025.

The report also shows that the US hiring rate in February fell to just 3.1%, which is the lowest rate since April 2020, when the economy was shut down due to the global Covid-19 pandemic.

[–] Zachariah@lemmy.world 49 points 17 hours ago (4 children)

I believe it’s artificial. Companies have laid off workers to drive down wages. They’re willing to make their current employees work even harder to accomplish this goal. Suffering all around. It’s one part of the AI push; to make it seem even more like the workers aren’t needed.

[–] nymnympseudonym@piefed.social 1 points 2 hours ago

I believe it’s artificial

... intelligence

At my place of work in software, at least, there is very much Reduction In (human) Force because fewer people are producing more.

Maybe there are other reasons, but AI is absolutely one reason.

[–] FishFace@piefed.social 14 points 7 hours ago (1 children)

You think companies across the US economy are taking decisions which they believe will hurt them in the short term, in order to pursue a long-term benefit? Lol, dream on.

[–] Zachariah@lemmy.world 7 points 7 hours ago* (last edited 7 hours ago) (1 children)

They get short-term cost reduction (less paid out in salaries) that helps stock prices.

If they were really doing layoffs because of rising costs, there wouldn’t be so many with record profits.

[–] FishFace@piefed.social 2 points 6 hours ago (2 children)

So then I would say, following this line of thinking, that they are laying people off to reduce costs. Whether to just make a ton of profit, or because other costs are rising, isn't really the point, because neither explanation is about driving down wages - something that can only be done in collusion with other companies and so is rather far-fetched.

[–] aesthelete@lemmy.world 3 points 4 hours ago* (last edited 4 hours ago) (1 children)

something that can only be done in collusion with other companies and so is rather far-fetched.

Some of the companies that are doing this (i.e., major tech companies) have colluded in the past


specifically, to drive down wages


so that part isn't exactly a conspiratorial fantasy.

https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation

[–] FishFace@piefed.social 1 points 3 hours ago (1 children)

Seems like it'd be on a completely different scale, don't you think?

What happens if you lay off 5,000 employees but then your competitor goes, "lol sike, I'm keeping mine"? You can't sue them!

Compare what happens if you don't cold call Apple's employees to poach them and they cold call yours - you can just start again, and only lost however many months of potential new hires.

[–] aesthelete@lemmy.world 3 points 2 hours ago* (last edited 2 hours ago)

What I took issue with is your argument that collusion between companies to lower wages was somehow unlikely when it's already happened before. That doesn't prove that it's happening now, but it does disprove your argument that they wouldn't collude or it's extremely unlikely.

[–] Zachariah@lemmy.world 1 points 6 hours ago (1 children)

The same people serve on multiple boards of many of the biggest companies. Not collusion if it’s just the same people. And leaders at smaller companies love mimicking the big guys, so no collusion needed there either.

[–] FishFace@piefed.social 2 points 5 hours ago (1 children)

You already stated the real reason. Why do you want there to be a secret bonus reason, one that you have presented no actual evidence for?

[–] Zachariah@lemmy.world 1 points 4 hours ago

We may be agreeing but saying it differently. I’m not saying there’s a secret bonus reason. I think it just works out well in many ways for companies when unemployment is high.

[–] gdog05@lemmy.world 12 points 13 hours ago

It's artificial for sure, but I'm pretty convinced it's part of the tech bros attempting to create their feudal states. I think they're convinced they just need a bit longer to get AI to be able to replace most workers and overplayed their hands too early this time.

In reality, they created a large force of people who want to tear down the current model where most current jobs (which are just pushing money back and forth or supporting buying and selling in some way but not creating anything) will go away anyway. Only, they're going to keep their autonomy and power and the tech bros will have none.

[–] Fishnoodle@lemmy.world 28 points 16 hours ago (1 children)

Yeah so the key is, hit all the stupid benchmarks they follow, and don't spend time on anything else. Simultaneously give them the best metrics they could hope for, and the worst operational outcomes.

[–] Zachariah@lemmy.world 6 points 9 hours ago (1 children)
[–] EmpathicVagrant@lemmy.world 5 points 8 hours ago

Work to rule.

[–] tacosanonymous@mander.xyz 12 points 16 hours ago

That and I don’t care for how they measure this shit. It’s pretty biased. Specifically I don’t care if someone has a full-time job if they can’t buy a house or that employment averages out bc some people work three jobs.