Hacker News Reader

Just for reference, Canada, with an economy less than 1/10 the US lost 66k jobs in August. https://www.cbc.ca/news/business/canadian-economy-bled-66-00...

My first reaction to 32k for the US is that it's obviously negative but a pretty modest decline.

View on HN

Next major crisis (like worst-case scenario AI bubble crash) could cause US economy to shed 3 million jobs. Unemployment rate reached 9% in 2010, now it is just 4%. 32k is a fairly insignificant number compared with 160 million employed overall.

Well, they were hit with import tarrifs...

The US policy is dragging many countries down, not just itself. The tarrifs and the huge uncertainty is really hitting companies that export to the US.

Reply on news.ycombinator.com