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CNBC recently delivered a breaking announcement highlighting troubling economic news for the United States under President Donald Trump. During a live broadcast, presenter Dominic Chu noted that manufacturing jobs had fallen for seven straight months as of November 2025 and asked economist Kevin Hassett whether this trend might reverse in 2026.
Hassett responded by pointing to construction growth, referencing 30 factory groundbreakings since September 2025 tied to new trade deals and pharmaceutical investments, suggesting these projects could create jobs in the year ahead.
Despite these promises, broader employment data paints a more concerning picture. The U.S. unemployment rate rose to 4.6% in November 2025 the highest level since 2021. Workers who remain employed are seeing minimal wage growth: measures such as average hourly earnings and the Employment Cost Index are climbing at their slowest pace since 2021. Federal Reserve Bank of Atlanta data shows that between April and November, at least 13% of employees received no pay increase compared to 2024.
Reactions online have been swift. One social media user wrote: “BREAKING: CNBC just admitted it. Under Trump, America has now seen seven straight months of manufacturing job losses. While he promotes ‘America First,’ working Americans are facing layoffs.” Another added, “Seven months of losses isn’t a temporary setback it’s a trend. Factory floors are quiet, and no amount of patriotic slogans can hide it.”
Some, however, offered a different perspective. One commenter pointed out that reductions in government employment (approximately 250,000 positions) are contributing to the numbers and argued that overall civilian labor growth remains steady.
The latest data highlights growing concerns about job security, wage stagnation, and the long-term strength of U.S. manufacturing, raising questions about economic policy and the real impact on everyday Americans.
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