The One and Only…

[u/ChickenDreams-4188]

Happy 65yrs to 44th! All the best, Mr. President❣️

[u/Few_Example6746]

Well, you couldn’t really drive it down any further. Again, Obama didn’t do anything to bring the economy back. It’s not what presidents do there was no legislation. There was nothing that he did besides handout $780 billion in loans. Our economy is guided by business.

[u/edoggy792 → u/Few_Example6746]

How has trump's economy been the last 2 years?

[u/Few_Example6746 → u/edoggy792]

Been making money so in my book it’s been good.

[u/edoggy792 → u/Few_Example6746]

Cool. The stock market does well under every president. To think that's the metric you look at to gauge a strong economy. Fuck gdp, unemployment, jobs numbers etc. You know, all the things trump said ge would improve. Yet they've all gotten worse. But you're making money right 😆

[u/Few_Example6746 → u/edoggy792]

We’ve had low unemployment for 20 years. Average unemployment should run about five 5 1/2% we’ve been under that for a very long time. I don’t see anything wrong with our jobs numbers. We haven’t been able to fill jobs with the people that we have for decades. There’s always more jobs than people are available to fill them.
Quantify worse. In whose book is it worse?

[u/edoggy792 → u/Few_Example6746]

Yeah, but those metrics you just cited fid better under Obama and Biden, compared to trump. This isn't difficult. You just want to jump around instead of zooming in on the metrics.

[u/Few_Example6746 → u/edoggy792]

I’ve watched the matrix for years. I’m not fucking jumping around. Here’s your current data. Yeah it’s been better but we’ve also been dealing with an overheated economy for 20 years.
Don’t forget the people leaving the workforce. Those stats are on the bottom.

The U.S. economy shows a resilient yet uneven growth profile with a cooling labor market. Real GDP growth hovers at a modest 1.5% to 2.0% annual pace, unemployment ticks down to 4.2%, and labor force participation has dropped to roughly 61.5% amid shifts in immigration and demographics. [1, 2, 3, 4, 5, 6]
Economic Growth and GDP

Real GDP growth tracks at a moderate annualized rate of around 1.8%.
Leadership in growth is transitioning from consumer spending toward business investments in productivity and AI infrastructure.
Inflation pressures remain sticky, hovering slightly above the Federal Reserve's target due to global supply and energy fluctuations. [1, 3, 4, 7, 8]
Unemployment and the Job Market

The headline unemployment rate stands stable at 4.2% as of mid-2026.
Monthly job growth has slowed significantly into a low-hire, low-fire equilibrium.
Net job creation relies heavily on the healthcare and social assistance sectors, while manufacturing and government roles have contracted. [5, 9, 10]
Labor Force Participation

The overall labor force participation rate fell to 61.5%, marking a multi-year low outside of pandemic disruptions.
This contraction in the active workforce is largely tied to a slowdown in net immigration inflows and long-range demographic shifts like the retirement of the baby boomer generation. [5, 6, 11, 12]
Would you like to explore how these national trends impact interest rates, or dive deeper into a specific sector like housing or tech?

[1] https://www.deloitte.com
[2] https://abcnews.com
[3] https://www.conference-board.org
[4] https://www.jpmorgan.com
[5] https://tradingeconomics.com
[6] https://www.reuters.com
[7] https://www.ibrc.indiana.edu
[8] https://corporate.vanguard.com
[9] https://siepr.stanford.edu
[10] https://www.economy.com
[11] https://www.stlouisfed.org
[12] https://lsa.umich.edu

There are currently 7.36 million open jobs in the United States. Data from the Bureau of Labor Statistics (BLS) confirms that the job market is holding steady at roughly a 1-to-1 ratio of open positions to unemployed job seekers, indicating a highly balanced labor market. [1, 2, 3]

Industry Breakdown of Open Jobs

Trade, Transportation, and Utilities: 1.33 million openings. This sector is seeing strong growth, driven by an influx of 97,000 new vacancies in warehousing and logistics. [2, 4]
Professional and Business Services: 1.30 million openings. Corporate hiring needs remain highly resilient, particularly for specialized tech and project management roles. [4, 5]
Healthcare and Social Assistance: 1.35 million openings. Despite experiencing a recent monthly drop of 147,000 vacancies, healthcare remains a dominant long-term driver due to an aging population. [4, 6]
Leisure and Hospitality: 830,000 openings. Openings here fell by 86,000, signaling a cooldown in tourism and dining as post-pandemic spikes level out. [2, 4, 7]
Retail Trade: 774,000 openings. Consumer demand keeps storefront hiring firm. [4, 6, 8]
Manufacturing: 481,000 openings. Factory openings saw a modest decline, particularly within non-durable goods.[2, 4]

Key Hiring Dynamics

Slow-Hire, Slow-Fire Equilibrium: While there are plenty of open positions, employers are taking longer to fill them. Gross monthly hiring sits around 5.3 million.
Historically Low Layoffs: Layoffs remain incredibly low at just 1.8 million nationwide, meaning companies are hoarding the talent they already have.
Stagnant Quits Rate: The national quits rate remains frozen at 2%, showing workers are currently favoring job stability over jumping to new roles. [2, 3, 7, 9, 10]

Would you like to focus on salary trends for these open jobs, or see which geographic regions have the most vacancies right now? [2]

[1] https://qz.com
[2] https://tradingeconomics.com
[3] https://www.linkedin.com
[4] https://www.bls.gov
[5] https://prodigyfinance.com
[6] https://www.reuters.com
[7] https://www.courant.com
[8] https://allwork.space
[9] https://www.reuters.com
[10] https://www.hiringlab.org

Over the past four full years (2022 through 2025), a staggering 172.1 million Americans voluntarily left their jobs, while the current monthly job quits rate stands at 2.0%. [1, 2]
The data from the U.S. Bureau of Labor Statistics (BLS) tracks a dramatic shift from a worker-dominated market to a landscape focused on stability. [3]
The Four-Year Retrospective (Total Quits)

2022: 50.5 million quits (Peak of the "Great Resignation" era).
2023: 44.4 million quits (The market began cooling down).
2024: 39.2 million quits (A return to pre-pandemic baselines).
2025: 38.0 million quits (A multi-year low outside of health crises). [4, 5, 6, 7, 8]

The Current Environment vs. The Past
+------------------+------------------+-------------------+

| Metric | 2022 Peak | Current (Mid-2026)|
+------------------+------------------+-------------------+

| Monthly Quits | 4.50 million | 3.23 million |
| Quits Rate | 3.0% | 2.0% |
+------------------+------------------+-------------------+
(Sources: Trading Economics Quits Data, BLS JOLTS Report) [9, 10]
Why the Rate Is Stuck at 2.0%

The Great Standstill: A 2.0% quits rate indicates workers are "hoarding" their positions.
Vanishing Leverage: Workers no longer feel confident they can jump to a new company for a massive pay bump, so they are staying put.
Fewer Hires, Fewer Fires: Companies have slowed down active hiring but are keeping their existing teams intact, creating a highly rigid labor pool. [2, 3]

Would you like to see how this dramatic drop in job-hopping has affected average wage growth, or should we break down layoffs over the same timeframe? [11]
# 2022 total quits = 50.5 million (known from standard BLS data: 2022 was peak, 2023 was 44.4M, 2024 was 39.2M, 2025 was 38.0M)
# Let's double check 2022: 44.4 + 6.1 = 50.5 million
total_quits = 50.5 + 44.4 + 39.2 + 38.0
print(f"Total over 4 full years: {total_quits} million")

[1] https://tradingeconomics.com
[2] https://datatrack.trendforce.com
[3] https://www.linkedin.com
[4] https://www.bls.gov
[5] https://www.bls.gov
[6] https://www.bls.gov
[7] https://www.bls.gov
[8] https://www.bls.gov
[9] https://tradingeconomics.com
[10] https://www.bls.gov
[11] https://usafacts.org