RECESSION ALERT: Worst Jobs Data Since 2021
Rebel Capitalist News
George Gammon
4.7 • 1.1K Ratings
🗓️ 5 September 2025
⏱️ 25 minutes
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Transcript
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| 0:00.0 | Hello, fellow Rebel Capitals. |
| 0:01.6 | Hope you guys are doing well. |
| 0:03.4 | We've got new jobs data out. |
| 0:06.7 | And let's remember non-farm payrolls tomorrow. |
| 0:10.7 | That's going to be a biggie. |
| 0:13.5 | But yesterday we had the Joltz numbers. |
| 0:16.2 | And today we had the ADP numbers. |
| 0:19.5 | And it was a swing and a miss baby it was a big whiff and let's get |
| 0:27.9 | into it right now and then we're going to ask the question is this kind of ring the bells for |
| 0:33.0 | recession is this another huge red flag or is the economy just running on all eight cylinders? |
| 0:41.1 | And this is just kind of a hiccup. |
| 0:43.5 | Well, let's dive into it. |
| 0:45.3 | And of course, I'm on my own again today because Josh is busy swiping Tinder. |
| 0:51.4 | I don't know if he's swiping right or swiping left. I don't know how that really works. |
| 0:57.3 | But anyway, let's do a screen share and get into it. First and foremost, let's go to, let's go back to |
| 1:06.8 | yesterday. And this was the Joltz numbers. and this was the first kind of whiff that we got |
| 1:15.6 | that this week's total job data may be let's just say disappointing so the last big jobs number |
| 1:22.9 | non-farm we had last month you guys remember. It came out way under expectations and they had those |
| 1:28.9 | huge revisions down. And that's when Trump basically came in and said, no, I, I don't like bad numbers. |
| 1:37.7 | Nothing. I want the propaganda guy to get in there. Hurry, hurry, hurry, let's fire this gal. Get her out. |
| 1:43.9 | But regardless |
| 1:44.8 | of what you think of that, the bottom line is now, or for this next round, I don't think we |
... |
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