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Rebel Capitalist News

New Labor Market Data Just SHOCKED The World

Rebel Capitalist News

George Gammon

Business, Investing

4.71.1K Ratings

🗓️ 8 September 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello fellow rubble capitals. Hope your well. So we had non-farm payroll come out and just like the joltz

0:06.9

numbers and just like the ADP numbers. It was a swing and a miss, baby. And it wasn't just a swing and a miss.

0:15.6

It was more downwardly revised numbers from previous months. Now, there was a little bit of a catch. I think

0:24.5

last month was upwardly revised, but the huge, huge thing is the month of June was revised down

0:32.1

into negative territory. That's right, negative, negative non-farm payrolls. So let's get right into it.

0:42.3

And not only did, I think, this shock the world, but what's an even bigger shocker that we're

0:48.6

going to discuss right now in this video is how the United States debt has done something completely unprecedented.

1:00.9

That's right. The deficits and the debt. You got to stay tuned. We're going to talk about that

1:06.8

at the end of this video. So this is a juicy one, guys.

1:11.1

This is what we've all been waiting for.

1:12.9

Let's get right into the screen share

1:15.0

because Josh is way too busy swiping on Tinder.

1:21.4

So I have to do all the screen shares myself.

1:25.3

And we're going to start by going over to the Wall Street Journal.

1:28.1

We'll just get the plain vanilla data. And then we'll go to the BLS and then we'll go over to

1:33.5

Zero Hedge. So here actually let me do a zoom in for you guys. So headline hiring stalled in

1:41.5

August with 22,000 new jobs. What was the expectation you may be asking?

1:49.0

More than 22,000 jobs. We'll go right over to the handy dandy calendar. And it was, where are we here?

1:59.4

75,000. So last month, as you remember,

2:02.0

79,000, huge disappointment,

2:04.5

massive downward revisions.

2:06.5

And this month, they were expecting 75,000.

...

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