▲ | Apes 2 days ago | ||||||||||||||||||||||||||||||||||||||||||||||
People often get hyper-focused on a single cause, but there is a whole range of forces driving a sharp decline in jobs. All of this is visible, yet we are marching toward an economic crisis of our own making. I believe the best term for this is "gray rhino". * Tariffs and Trade Uncertainty – Elevated tariffs and rapidly shifting trade policies are raising costs for manufacturers and discouraging hiring and investment (Investopedia; Atlanta Fed survey; CBO analyses). * Automation and AI Displacement – Automation and AI, especially in low-skill occupations, are reducing new job creation and wages for some workers (academic studies in arXiv and PMC). * Restrictive Immigration Policies – Tightened immigration and visa processes are straining labor supply, particularly in sectors that rely on immigrant workers (Axios, 2025 labor coverage). * Small Business Strain from Economic Pressure – Tariff-related uncertainty is leading small businesses to slow hiring or lay off employees (Joint Economic Committee report, 2025). * Offshoring and Outsourcing Trends – Technological advances are enabling offshoring and automation, substituting domestic labor with remote or machine-based alternatives (academic research in World Development, 2024). | |||||||||||||||||||||||||||||||||||||||||||||||
▲ | gruez 2 days ago | parent | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Is this AI generated? Besides the em-dashes, I don't think anyone cites "Investopedia" as a source (not the specific entity, but in that format), or makes citations in (source, year) format. | |||||||||||||||||||||||||||||||||||||||||||||||
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▲ | woobar 2 days ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> but there is a whole range of forces driving a sharp decline in jobs Technically, there is no decline in jobs. There were more jobs as of March 2025 than a year before. Less than reported earlier, but the overall number of jobs is still growing. | |||||||||||||||||||||||||||||||||||||||||||||||
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▲ | lgleason 2 days ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
I don't think tariffs affected the numbers for the entire year that drastically since Trump had only been in office for 2 months out of the entire years period that this was looking at. | |||||||||||||||||||||||||||||||||||||||||||||||
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▲ | AlexandrB 2 days ago | parent | prev [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> * Restrictive Immigration Policies – Tightened immigration and visa processes are straining labor supply, particularly in sectors that rely on immigrant workers (Axios, 2025 labor coverage). I like how this is always framed as strained supply instead of upward pressure on wages, as if increasing wages is simply impossible and only supply matters. Then people look at graphs like this[1] and wonder: "What the heck is going on?" |