EPISODE · Dec 16, 2025 · 56 MIN
October and November Jobs Disappoint, Unemployment Spikes
from Nobody Special Finance · host Nobody Special Finance
We finally have two months worth of jobs data that was not previously released due to the government shutdown, and the numbers are not good. The economy lost jobs and the unemployment rate spiked. Notably the U6 unemployment made a big move higher from 8.0% to 8.7%. Elsewhere Ford took a massive $19.5 billion charge related to pulling back from it's ventures into electric vehicle because as the CEO bluntly stated, "they just weren't selling."Support the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTubeFollow Nobody Special on X(twitter)
What this episode covers
We finally have two months worth of jobs data that was not previously released due to the government shutdown, and the numbers are not good. The economy lost jobs and the unemployment rate spiked. Notably the U6 unemployment made a big move higher from 8.0% to 8.7%. Elsewhere Ford took a massive $19.5 billion charge related to pulling back from it's ventures into electric vehicle because as the CEO bluntly stated, "they just weren't selling."Support the Channel on Patreon Support the Channel by Buying Me a Coffee Subscribe to Nobody Special on YouTubeFollow Nobody Special on X(twitter)
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October and November Jobs Disappoint, Unemployment Spikes
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