Everyone is certainly not going jobless, but this has been the worst job market in a long time. Especially if you are older than 35 or have no experience (fresh grad).
But the tariffs trump announced are mostly gonna impact americans for now, things is gonna get more expensive cause its more expensive for stuff to enter the US. For stuff like cars that might work, a german car is gonna be more expensive and a American car might be cheaper
But america can’t produce everything… america relies on imported goods for many things, so all those things are just gonna get more expensive to buy in america
Which will make the grocery bill higher, people can’t pay the rent and eat. Cost of living goes up, so rent goes up. companies might go bankrupt and people lose their jobs.
Its just a whole bunch of negativity for americans… trading is vital for a good economy, you want international markets. Trump shuts that down… he kills the economy and a bad economy means its harder for people to live
We’re still well below the long-term average unemployment rate.
Another thing to ponder – sub-4% mortgage rates probably aren’t coming back either. Those were a temporary gift. The long-running average for mortgage rates is closer to the current.
Not really not yet, but they will. If this continues entire businesses will be forced to shut down, but Trump doesn’t care about small businesses. He said they should be happy the economy will be booming again even though it already was (good economy does not mean lower consumer prices).
Apparently, when Trump got elected, a lot of companies “braced for impact” with the proposed tariffs and concerns of how it would affect them. My friend recently got hired at an AI company after being jobless for a year and, shortly after he was hired, they let go of a bunch of people. Many of the companies he applied at or that friends work at were seeing companies streamline operations in anticipation of what was to come. They started laying people off last year and it’s not getting any better.
I don’t know if many people are jobless. I know that many people are losing their jobs. They may eventually get other ones. It’s hard to know what is to come at this point, but I’m guessing most people will be going from a better situation to a less good one regardless.
I visit various job subreddits and I have never seen it this bad. That is on top of talking to colleagues, friends, and family. Consumer confidence is at a 12 year low last I checked. Companies are afraid of maintaining their work force let alone hire more people. Things are incredibly unstable right now. Investing millions in a new project is not a smart thing to do when you don’t know what Trump might do next.
Go check out r/recruitinghell and r/antiwork then post to r/findareddit to look for other job subreddits to see how people are doing.
It is really hard to get employed at this time. I used to get a job before putting an application in. But now I’m sending my resume everywhere and getting denied constantly.
So far I’ve applied to over 78 jobs with no response now I guess I need to apply to another 89 or 100 more. I mean during covid it took me 6 months to find anything so it might take 1 or 2 years . Tbh I really should just be a sex worker. At least you don’t have to do thousands of job applications.
Lots of people lost their jobs before this all started. Finding quality work has been a struggle for a few years for many white collar laid off people. Much more competition, fewer jobs, garbage pay.
The tariffs will only make this exponentially worse. If our services get tariffed in the EU, you can kiss our software and consulting companies goodbye. You know, our main exports. Rip 🤷🏻♀️
I lost my job last June and my fiance wfh. At the time, we were financially stable enough to not worry right away. Then we started noticing that we weren’t really any worse off money-wise than when I was working. Turns out, we spend a ton of money on conveniences from having to go to work. That’s not to say those are the only cutbacks that we made. We order or eat out less and don’t shop for wants nearly as much. Neither of which are bad things.
Some unexpected cutbacks? Streaming services because we were able to binge our shows faster, ran out of stuff to watch, and didn’t feel like we needed some of them. Also, medical visits. We pay less for my semi-yearly Dr visits and prescriptions than we were for company health insurance that we couldn’t even afford the deductible for if we needed it! Gas and vehicle maintenance. This one seems obvious but we didn’t realize the extent.
Positives from it? My mental health is tons better from not dealing with a company gaslighting me everyday. (She loves and identifies with her job so it’s not an issue for her) I get to drop off and pick up kids from school. I run any errands or things needing done for the family. None of us feel as rushed in our free time or like we have none because of chores. We really only need one vehicle where we needed two before. All of this, in turn, has improved the household’s mental and physical health. I was already a firm believer that it shouldn’t take everyone working the way we do to make things run. I’m even more so that now that I realize it doesn’t take the money to do so either.
TL/DR: Do it if you can. Find responsible roommates, a partner, or a like minded group that would like to try only half the household working a 9-5 and budget where you can.
Maybe. Tariffs, if permanent or long lasting, will lead to reduce consumer spending which hits businesses bottom line. Some may close because their margins are already low. This tariff policy is global, so everything imported will rise and so will some domestically made stuff. People will demand higher wages and then something will break as the strain on the consumer breaks their back, much like during the financial crisis. Expect a recession for sure.
Tariffs are part of it. The other is the way corporations can get away with their horrendous hiring practices such as ghost jobs, resume filtering, and discrimination to name a few.
Everyone, no of course not. Unemployment rates will go up. They were 4% when Trump was elected. I expect them to go up to maybe 8% which was where things were in the 2008 recession.
Lol no ? Literally the lowest unemployment I’ve ever seen in my country its like 2.6% and thats because they dont want to work, they easily could get a job
Big layoffs are already happening but most of them will be in the future. It is not a question of if but when, because of the asinine shit that Republicans have done. This is a terrorist attack on the American people by Donald fucking Trump. History will tear him to shreds.
Mechanic here, we haven’t felt any change with this economy. In fact, it seems like service is dramatically way up compared to new sales. We are always hiring skilled tradesmen at high wages, ($28-$38/hr.) we have had two no call no show “kids”(20 and 24) reject a $28/hr job for no real good reason. In the 5 years I’ve been with this company, I find that anyone under 25 is unreliable and has zero work ethic. There are high paying jobs out there, they may not be exactly what you are looking for, and they may require actual real hard work, but that beats living in your car and or starving.
“Everyone” who is left of center. People on the right are optimistic. Where does that leave you? With the knowledge that the majority of people have little skill to make predictions detached from their own bias. Proceed accordingly.
Comments
I don’t find that to be the case here in Silicon Valley
We fired tens of thousands of federal workers before the tariffs. Buy canned goods and fire starters
Recessions come later than when the stock market plunges. Stocks are a leading indicator of what is likely going to happen in the next several years.
This deserves an Oscar, a Grammy, and a snack. Mostly a snack, though
that’s next week
Everyone is certainly not going jobless, but this has been the worst job market in a long time. Especially if you are older than 35 or have no experience (fresh grad).
Not everyone is gonna go jobless
But the tariffs trump announced are mostly gonna impact americans for now, things is gonna get more expensive cause its more expensive for stuff to enter the US. For stuff like cars that might work, a german car is gonna be more expensive and a American car might be cheaper
But america can’t produce everything… america relies on imported goods for many things, so all those things are just gonna get more expensive to buy in america
Which will make the grocery bill higher, people can’t pay the rent and eat. Cost of living goes up, so rent goes up. companies might go bankrupt and people lose their jobs.
Its just a whole bunch of negativity for americans… trading is vital for a good economy, you want international markets. Trump shuts that down… he kills the economy and a bad economy means its harder for people to live
I was laid off in January and had 4 interviews for jobs openings that were closed due to the federal funding cuts.
It made me leave the healthcare industry entirely.
No.
We’re still well below the long-term average unemployment rate.
Another thing to ponder – sub-4% mortgage rates probably aren’t coming back either. Those were a temporary gift. The long-running average for mortgage rates is closer to the current.
Yeah, I’m giving $20.00 blowies at the truck stop.
Any business of any kind that depends on supply imports from outside the US is going to have their bottom line absolutely t-boned.
This is on top of losing labor of under documented workers.
Whether you are “against it” or “for it” … undocumented labor is 100% a load bearing wall in the US economy, it’s going to be felt hard.
Not on purpose… 😭
This sub has made me realize that no one knows shit about the economy lol
One of my wife’s coworkers rage quit a few months ago.
She’s been finding it very hard to search for a new job and regrets her decision.
Then the government fired all the fed workers and made it even worse.
Good luck out there if you’re unemployed.
https://www.cnn.com/2025/04/03/business/tariff-related-layoffs-hit-five-us-auto-plants/index.html
Look up Stellantis, its already happening. Companies in the US run on razor thin margins, taking the excess and doing dividends and stock buy backs.
The senate has voted to cancel Trumps tariffs on Canada.
A lot more will be after Black Monday
Not really not yet, but they will. If this continues entire businesses will be forced to shut down, but Trump doesn’t care about small businesses. He said they should be happy the economy will be booming again even though it already was (good economy does not mean lower consumer prices).
Apparently, when Trump got elected, a lot of companies “braced for impact” with the proposed tariffs and concerns of how it would affect them. My friend recently got hired at an AI company after being jobless for a year and, shortly after he was hired, they let go of a bunch of people. Many of the companies he applied at or that friends work at were seeing companies streamline operations in anticipation of what was to come. They started laying people off last year and it’s not getting any better.
I don’t know if many people are jobless. I know that many people are losing their jobs. They may eventually get other ones. It’s hard to know what is to come at this point, but I’m guessing most people will be going from a better situation to a less good one regardless.
“going jobless” sounds like you just woke up one day and decided not to wear pants so now you’re “going pantsless”
I visit various job subreddits and I have never seen it this bad. That is on top of talking to colleagues, friends, and family. Consumer confidence is at a 12 year low last I checked. Companies are afraid of maintaining their work force let alone hire more people. Things are incredibly unstable right now. Investing millions in a new project is not a smart thing to do when you don’t know what Trump might do next.
Go check out r/recruitinghell and r/antiwork then post to r/findareddit to look for other job subreddits to see how people are doing.
A lot of people are starting to lose their jobs, but it’s not bad yet. It will likely get a whole lot worse.
It is really hard to get employed at this time. I used to get a job before putting an application in. But now I’m sending my resume everywhere and getting denied constantly.
My nephew manages a cellphone store. He’s been looking to hire a new sales rep but word came down that there is a “temporary pause” on hiring.
So far I’ve applied to over 78 jobs with no response now I guess I need to apply to another 89 or 100 more. I mean during covid it took me 6 months to find anything so it might take 1 or 2 years . Tbh I really should just be a sex worker. At least you don’t have to do thousands of job applications.
Our small (25,000) town has had 2 major businesses shut down and many people lost jobs. Not due to tariffs but they can’t find work around here.
Lots of people lost their jobs before this all started. Finding quality work has been a struggle for a few years for many white collar laid off people. Much more competition, fewer jobs, garbage pay.
The tariffs will only make this exponentially worse. If our services get tariffed in the EU, you can kiss our software and consulting companies goodbye. You know, our main exports. Rip 🤷🏻♀️
I’m typing this from my job, so I can’t confirm🤣
No, not at all.
I can believe it. I just spent 3-4 months looking for a job as an EMT.
I lost my job last June and my fiance wfh. At the time, we were financially stable enough to not worry right away. Then we started noticing that we weren’t really any worse off money-wise than when I was working. Turns out, we spend a ton of money on conveniences from having to go to work. That’s not to say those are the only cutbacks that we made. We order or eat out less and don’t shop for wants nearly as much. Neither of which are bad things.
Some unexpected cutbacks? Streaming services because we were able to binge our shows faster, ran out of stuff to watch, and didn’t feel like we needed some of them. Also, medical visits. We pay less for my semi-yearly Dr visits and prescriptions than we were for company health insurance that we couldn’t even afford the deductible for if we needed it! Gas and vehicle maintenance. This one seems obvious but we didn’t realize the extent.
Positives from it? My mental health is tons better from not dealing with a company gaslighting me everyday. (She loves and identifies with her job so it’s not an issue for her) I get to drop off and pick up kids from school. I run any errands or things needing done for the family. None of us feel as rushed in our free time or like we have none because of chores. We really only need one vehicle where we needed two before. All of this, in turn, has improved the household’s mental and physical health. I was already a firm believer that it shouldn’t take everyone working the way we do to make things run. I’m even more so that now that I realize it doesn’t take the money to do so either.
TL/DR: Do it if you can. Find responsible roommates, a partner, or a like minded group that would like to try only half the household working a 9-5 and budget where you can.
Maybe. Tariffs, if permanent or long lasting, will lead to reduce consumer spending which hits businesses bottom line. Some may close because their margins are already low. This tariff policy is global, so everything imported will rise and so will some domestically made stuff. People will demand higher wages and then something will break as the strain on the consumer breaks their back, much like during the financial crisis. Expect a recession for sure.
No, even during the great depression unemployment only reached 25%
So only 1/4 of America will have their lives horribly ruined by Trump.
The rest will have varying degrees of ruin that are less horrible.
No, just federal workers.
Companies usually hire in the first and second quarters of the year. I think you’ll see mass layoffs in Q3 of this year, more so than last year.
I was laid off in late January. Looking for work amid the Trump Slump is rough.
Takes time to feel the effect of tariffs. Prices will go up first, then the fun begins
No.
Ask again in six months. Very few employers can turn around a decision that size in half a week.
the job you’re trying to get is really important, here.
Tariffs are part of it. The other is the way corporations can get away with their horrendous hiring practices such as ghost jobs, resume filtering, and discrimination to name a few.
Should we all just quit and let it happen faster? What would happen if we all just didn’t show up? I’m talking 90 percent of the workforce.
Everyone, no of course not. Unemployment rates will go up. They were 4% when Trump was elected. I expect them to go up to maybe 8% which was where things were in the 2008 recession.
one day ai will replace everyone. but not any time in the next 50 yrs hopefully.
Probably especially if Medicare is defunded, then most of us will be jobless and at that point will we even care?
Lol no ? Literally the lowest unemployment I’ve ever seen in my country its like 2.6% and thats because they dont want to work, they easily could get a job
Depends on the jobs they are willing to do.
Nah I don’t think we’re losing jobs I think we’re actually creating more by losing more so therefore we’re creating more
Once trump kicks out those 10 million undocumented residents, there will be plenty of jobs in hospitality and construction.
Big layoffs are already happening but most of them will be in the future. It is not a question of if but when, because of the asinine shit that Republicans have done. This is a terrorist attack on the American people by Donald fucking Trump. History will tear him to shreds.
Mechanic here, we haven’t felt any change with this economy. In fact, it seems like service is dramatically way up compared to new sales. We are always hiring skilled tradesmen at high wages, ($28-$38/hr.) we have had two no call no show “kids”(20 and 24) reject a $28/hr job for no real good reason. In the 5 years I’ve been with this company, I find that anyone under 25 is unreliable and has zero work ethic. There are high paying jobs out there, they may not be exactly what you are looking for, and they may require actual real hard work, but that beats living in your car and or starving.
Depends where you’re at…provide some reference & context please.
“Everyone” who is left of center. People on the right are optimistic. Where does that leave you? With the knowledge that the majority of people have little skill to make predictions detached from their own bias. Proceed accordingly.
My company is hiring like crazy! We have a huge job fair in a few days. It’s mostly due to the revocation of TPS and work visas.
Define everyone