Last week, the Bureau of Labor Statistics came out with some job numbers: only 72,000 jobs were created last month. Right now, we are in the middle of the worst three-month job creation record since the end of the pandemic.
President Trump's economic policies are not working. Fewer jobs are being created, economic growth is slowing down, inflation is coming back, and the Trump tariffs on other countries are being passed onto the goods you buy every day at the stores you shop at.
The tariffs are taking a particular toll on us here in Northwest Washington, where the tariffs are impacting Canadian products, as well as a decrease in Canadian travel into the United States. We saw a 43% decrease in travel from Canada into Whatcom County and Skagit County. That means there are fewer people coming to our local stores, shopping, and attending local shows.
After the Bureau of Labor Statistics released the low numbers, President Trump fired the commissioner. This is unprecedented. The Bureau of Labor Statistics is the gold standard for measuring economic growth and job creation in this country.
Trump fired the commissioner because he did not like the numbers.
More soon,
Rick
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