Day 3 of Trump Shutdown: Jobs Report or Not, Trump’s Economy is a Disaster and His Job Market is Faltering

Because of Donald Trump’s government shutdown, the Bureau of Labor Statistics will not release its monthly jobs report today — sparing Trump from another round of bad headlines confirming what Americans already know: Trump’s economy is a disaster and his labor market is faltering. 

Just yesterday, Trump said that Americans will “have the job that they wanted” — but his job market tells a different story. The Challenger report released yesterday revealed that companies have announced nearly 1 million job cuts so far in 2025 — the highest year-to-date total since 2020, an already 25% increase over 2024’s full-year total, and the fifth-highest year-to-date total in 36 years of reporting. The report notes that job cuts this high have historically occurred during recessions. 

The Challenger report comes just days after ADP revealed private companies shed 33,000 jobs in September, and the Bureau of Labor Statistics confirmed there are now fewer job openings than unemployed workers. And just yesterday, the Chicago Fed estimated a 4.3% unemployment rate in September, indicating another month of poor job growth. 

Despite promising a “manufacturing renaissance,” Trump’s trade war has slashed manufacturing jobs. His reckless tariffs have eliminated blue-collar jobs and skyrocketed prices, leaving working families on the brink.  

To avoid further embarrassment over their terrible economic data, the White House confirmed today that the Consumer Price Index, Producer Price Index, and Q3 GDP reports may also be delayed if Trump and Republicans decide to continue their shutdown. 

In response, DNC Deputy Rapid Response Director Jaelin O’Halloran released the following statement

“Donald Trump’s economy is in turmoil, and now he’s using his government shutdown as an excuse to dodge another humiliating jobs report. Trump’s unhinged tariffs have wrecked the economy — driving up prices on everything from groceries to utilities and making it nearly impossible to find a good-paying job. And what is Trump doing? He’s busy reconstructing his gold-plated ballroom to entertain his billionaire buddies while working families struggle to get by. Trump’s job market is in freefall — and jobs report or no jobs report, he can’t escape blame for the dire financial reality facing working families.”

Donald Trump has taken a wrecking ball to the U.S. economy, and Americans know it. A whopping 72% of Americans say that the economy is in poor or fair condition, and nearly half believe that it has worsened during Trump’s term. Young and Black Americans — groups that Trump gained ground with in the last election — are being hit hard by his catastrophic job market. The unemployment rate for Americans between the ages of 16 and 24 has jumped from 9% to 10.5% since Trump took office, and Black unemployment has soared — and both groups saw their paychecks drop through the first half of the year. Working families are drowning under the weight of high prices and disappearing jobs, thanks to Trump’s failed economic policies.