June Economic Numbers - T-unionLink

June Economic Numbers

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  • Gary Witlen
    Member
    • Jul 2024
    • 35

    #1

    June Economic Numbers

    In the hope that voters will evaluate the Trump administration based on actual facts when the mid-term elections occur in 2026, rather than PR spins and fabrications, here are the most recent actual key economic statistics that should be of interest to middle class workers

    New Unemployment claims:
    1/20/25 +201,000
    2/23/25 +213,000
    3/31/25 +219,000 Total Claims 1.9 million
    4/30/25 +241,000 Total Claims 1.92 million
    6/12/25 +248,000
    7/9/25 +233,000
    First Quarter Gross Domestic Product: -0.3%
    Unemployment rate:
    1/25 4.1%
    2/25 4.0%
    3/25 4.2%
    4/25 4.2%
    4/25 4.3%
    5/25 4.1%

    1/25 +2.9%
    2/25 +3%
    3/25 +3.1%
    4/25 +2.4%
    5/25 +2.4%
    6/25 +2.3%
    Gas (nat. ave.)
    1/25 $3.09
    2/25 $3.07
    3/25 $3.17
    4/25 $3.19
    5/25 $3.16
    6/25 $3.14**
    Diesel (nat. ave.)
    1/25 $3.60
    2/25 $3.63
    3/25 $3.68
    4/25 $3.76
    5/25 $3.45
    6/25 $3.79
    New Jobs
    12/24 +256,000
    1/25 +143,000
    2/25 +140,000
    3/25 +228,000
    4/25 +177,000*
    5/25 +139,000
    6/25 +147,000
    Average hrly earnings (annual)
    2024 +3.9%
    Eggs (nat. ave.)
    1/25 $3.37
    2/25 $4.95
    3/25 $4.90
    4/25 $4.65
    5/25 $4.30
    6/25 $3.01
    *March new hires figures were revised downward by 95,000
    ** Trump has asserted on at least three occasions that the price of gas in five states is less than $2.00 per gallon. Anyone live in one of those states?
  • AlJackson1962!
    Senior Member
    • Apr 2024
    • 179

    #2
    The above statistics that may impact "middle class workers", are short-term and subject to the never ending boom and bust of the economic system controlled by the oligarchs. The long-term impact on workers, poor people (that include low wage workers), people of color, and people wanting to live their lives without the interference of government morality police (ie. transgender people), and women wanting to control their own bodies, will reverberate for years because of the setbacks imposed by the Trump/MAGA politicians with the support of the General President of the 1.3 million member Teamsters union (aka "SOB"). Throw the bums out!

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