Jobs Numbers Hit Record Low as Trump’s Economy Craters
Donald Trump’s so-called “Golden Age” is seriously screwing American workers, according to the latest jobs report.
The U.S. economy added just 50,000 jobs in December, according to the Bureau of Labor Statistics, underperforming expectations from Wall Street. December’s meager job offerings capped off total job creation in 2025 at roughly 584,000 total jobs, making it the worst year for hiring since the Covid-19 pandemic that ravaged the American economy. 2025 also saw the weakest annual job growth since 2003.
Since Trump’s Liberation Day tariffs announcement, job growth has screeched to a halt—and may even be in decline, according to economist Justin Wolfers.
Heather Long, the chief economist for Navy Federal Credit Union, pointed out that the bulk of hiring last year happened in April, when 158,000 jobs were added to the economy.
The worst month for job creation was October, when the market lost a staggering 173,000 jobs (revised up in the latest release from 105,000) as federal workers ousted by Elon Musk’s DOGE departed their government roles. November gains were also revised down from 64,000 to just 56,000.
Meanwhile, the unemployment rate fell slightly to 4.4 percent, after reaching its highest rate in four years. The unemployment rate was overall up from 4 percent in January 2025.
The first year of Trump’s so-called “Golden Age” has been a rough one. 2025 ended with the number of people employed part-time for economic reasons up by 980,000, the number of long-term unemployed people up by 397,000, and the number of people not in the workforce but wanting a job up 684,000.