Jobs Report Disaster - Will the Fed Cut Rates? (Video)
In this 3 August 2025 video, host Michael Bordenaro talks about how the U.S. job market shows signs of a slowdown, with the unemployment rate holding steady at 4.2 percent in July 2025, and hiring numbers decreasing, particularly due to large downward revisions to previous months’ data. While the power has shifted back to employers and promotions are less frequent, industries like healthcare, transportation, and social assistance are still showing job growth. Skills in AI, data, cybersecurity, and soft skills like resilience and creative thinking are highly valued, while demand for manual labor skills is declining.
https://youtu.be/2G_h15Iy9hI
00:00 Analyzing the Latest Disappointing Jobs Report
03:24 Sector Job Gains and Losses: A Detailed Breakdown
05:07 Regional Job Cuts Impact on the Housing Market
06:07 Fed’s Response: Rate Cut Expectations vs. FOMC Concerns
10:00 The Harsh Reality of the Current Job Market
13:04 Ghost Job Listings and the Decline in Job Openings
16:05 Vacation Spending Amid Economic Uncertainty: How Are People Affording It?
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