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【スナックシマハイ/月末雑談】9月もがんばったみんなたちとシマハイの宴会場!!【 #シマハイシン /シマハイイロギツネ】 https://youtube.com/live/yh2JvB9AyW8?si=nBND3hP3uLdtxGhY
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Ugly JOLTS Shows Most Unemployed Vs Job Openings; Plunge In Hiring And Quits
Ugly JOLTS Shows Most Unemployed Vs Job Openings; Plunge In Hiring And Quits
One month ago, before that catastrophic August jobs print (and first negative monthly print in years) and before the devastating 911K negative payrolls revision, we looked at the just https://www.zerohedge.com/economics/labor-market-crosses-critical-threshold-first-time-2021-there-are-more-unemployed-job
and correctly predicted the September rate cut (and also subsequent easing). Of note, the report showed not only that job openings plunged and came below the lowest estimate, but that for the first time since April 2021, there were more unemployed workers than job openings.
Fast forward to today when the already ugly labor market picture got even uglier, when moments ago the BLS reported the latest, August, JOLTs report (which may very well be the last Federal labor market report for a long time once the government shuts down at midnight tonight) and which showed that job openings remained depressed, if rising modestly from the upward revised July print of 7.208MM (up from 7.181MM), to 7.227MM, and beating muted estimates of 7.2MM.
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The number of job openings decreased in construction (-115,000) and in federal government (-61,000).
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Indeed, as shown in the chart below, the best news about today's report is that ahead of the government shutdown which will lead to mass government worker layoffs, the number of government job openings was already the lowest since Feb 2021.
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In the context of the broader jobs report - which may or may not print this Friday - the most important data was what we predicted ahead of today's JOLTS report, namely that the number of unemployed workers is now greater than job openings.
JOLTS to show the most number of unemployed vs job openings since March 2021 as labor market becomes most demand constrained in 4 years
— zerohedge (@zerohedge) https://twitter.com/zerohedge/status/1973023909617570144?ref_src=twsrc%5Etfw
And sure enough, after four years of the US labor market dodging the bullet, its luck has finally run out because whereas in June the labor market was still supply-constrained, when there were 342K more openings than jobs in the US, in July we are finally back to demand constrained, with 28k fewer job openings than unemployed workers, the first negative print this series since April 2021. One month later, it's gotten much worse, with 157K more unemployed than job openings, the highest differential since March 2021.
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As https://www.zerohedge.com/markets/us-recession-not-imminent-says-new-indicator
, The US never entered a recession in a period when there were more job openings than unemployed workers (i.e. the job market was supply constrained). As of this moment, we know it is no longer supply constrained and is instead demand constrained.
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Said otherwise, in August the number of job openings to unemployed dropped further below 1.0x, after spending the past 4 years above it.
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While the job openings data was ugly and potentially the first harbinger of the coming recession - things were even uglier below the surface, starting with hiring where the number of new hires tumbled by 114K to 5.126MM the lowest since June 2024, while at the same time the number of people quitting their jobs - also known as the take this job and shove it indicator - also slumped by 75K to 3.091MM, the lowest of 2025.
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How to make sense of this ongoing deterioration in the labor market?
, it likely has to do with the DOL - which recently lost its previous commissioner after Trump fired her two months ago - starting to factor in the collapse in the shadow labor market, the one dominated by illegal aliens, and the replacement of illegals with legal, domestic workers which in turn is pushing the labor market into a demand-constrained imbalance. Last month we said "the question is how long until this appears in much weaker than expected payrolls prints" and we got the answer just two days later when we got a truly catastrophic jobs report, which was then cemented by the full year revisions on Sept 9 which we correctly predicted would show "another 600K-900K in jobs that were never there and were simply imagined by the Biden DOL, in the process greenlighting not only a 25bps rate cut, but potentially a jumbo 50bps... just like exactly one year ago."
It ended up being 911K, but what is more important for today is that today's JOLTS report was not terrible but it certainly was ugly enough to ensure that the Fed cuts in three weeks time if the government shuts down tonight and is closed indefinitely, preventing the Sept jobs report from being published this Friday.
https://cms.zerohedge.com/users/tyler-durden
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Musk Unveils Grokipedia Plans To Counter Wikipedia's Manipulation Of "Truth" Controlled By Leftists
Musk Unveils Grokipedia Plans To Counter Wikipedia's Manipulation Of "Truth" Controlled By Leftists
Wikipedia, launched in 2001, has grown into the seventh most-visited website globally, boasting over 64 million pages (7 million articles) across 329 languages and attracting more than 4 billion visits each month. Officially, Wikipedia operates under the policies of "verifiability" and "neutrality," but in practice, the world's largest online encyclopedia has been hijacked by left-wing activists who manipulate narratives and silence dissenting viewpoints. The danger is no longer confined to everyday readers seeking truth, as today's leading AI models are being trained on biased garbage.
Given this backdrop and Musk's stated pursuit of truth to advance civilization, he revealed Tuesday morning that his team at xAI will soon roll out a rival online encyclopedia, integrated with the Grok chatbot, called "Grokipedia."
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"We are building Grokipedia @xAI . Will be a massive improvement over Wikipedia. Frankly, it is a necessary step towards the xAI goal of understanding the Universe," Musk wrote on X.
Musk's announcement was prompted by a post from White House crypto czar David Sacks, who shared a Tucker Carlson interview with Wikipedia co-founder Larry Sanger. In the interview, Sanger warned that left-wing activists had corrupted Wikipedia and seized control of its ability to shape narratives with a toxic leftist tilt.
There’s a market opportunity for AI to rewrite Wikipedia just taking into account all the banned sources. https://t.co/zMtuAieNgs
— David Sacks (@DavidSacks) https://twitter.com/DavidSacks/status/1972863056582483992?ref_src=twsrc%5Etfw
Sacks wrote on X, "Wikipedia is hopelessly biased. An army of left-wing activists maintain the bios and fight reasonable corrections. Magnifying the problem, Wikipedia often appears first in Google search results, and now it's a trusted source for AI model training. This is a huge problem."
We are building Grokipedia https://twitter.com/xai?ref_src=twsrc%5Etfw
.
Will be a massive improvement over Wikipedia.
Frankly, it is a necessary step towards the xAI goal of understanding the Universe. https://t.co/xvSeWkpALy
— Elon Musk (@elonmusk) https://twitter.com/elonmusk/status/1972992095859433671?ref_src=twsrc%5Etfw
And just how biased is Wikipedia?
Well, the website's so-called "reliable source" page is stacked with some of the worst offenders in manipulating the truth, the very reason a majority of Americans have https://www.zerohedge.com/technology/despite-deep-state-censorship-blob-msms-matrix-cracked-election-cycle
.
Here are all of Wikipedia's "reliable source". They include
MSNBC
NYT
Huffpost
Snopes
Politifact
Rolling Stone
The Atlantic
Propublica
NPR
— zerohedge (@zerohedge) https://twitter.com/zerohedge/status/1972995551563264363?ref_src=twsrc%5Etfw
From fabricating the Trump-Russia connection, to covering up Covid's origins, to dismissing Hunter Biden's laptop, to gaslighting over former President Biden's mental acuity, the 24/7 web of lies propped up by legacy media, intelligence agencies, Deep State, and their puppet politicians, billionaire-funded fact-checkers, and dark-money-funded NGOs makes one thing clear: the https://www.zerohedge.com/political/wsj-editor-chief-admits-davos-elites-we-no-longer-own-news
, indicating this power is up for grabs.
The "conspiracy theory" of this "opinionated" blog being of course that covid came from the Wuhan institute, which everyone now knows was the case.
Of course, the entire censored sources list is all the media outlets liberals don't like https://t.co/yMcOBO0iT3
— zerohedge (@zerohedge) https://twitter.com/zerohedge/status/1972993459851321575?ref_src=twsrc%5Etfw
Wikipedia's blatant breach of neutrality comes as X has circumvented leftist propaganda that can still be found on MSNBC, CNN, CBS, and other corporate media outlets, while Musk's Grokipedia is the counter-movement against the establishment's ability to hold narratives through Wikipedia manipulation.
Related:
The broader message is that the fight for narrative control continues. Musk is positioning himself to end the decades-long dominance of far-left power over public discourse. After years of lies and manipulation, https://www.zerohedge.com/political/tv-exec-tells-cnns-brian-stelter-inconvenient-truth-trump-victory-means-msm-dead-current
. Yet Democrats continue to manipulate the truth in the education industrial complex, another issue the Trump administration is working to address.
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#amethyst #primal #blockchain #xrp #ripple #bank #crypto #ledger
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This bot has replied to 645 events with tracking tokens in the last 3 days.
Zap this bot to incentivize development.
Find the code on GitHub: https://github.com/f321x/nostr-tracking-token-remover
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Watch: Fetterman Asked If He Will "Switch Parties" After Repeated Swipes At Democrats
Watch: Fetterman Asked If He Will "Switch Parties" After Repeated Swipes At Democrats
Democratic Pennsylvania Senator John Fetterman was asked Sunday if he is considering switching parties to become a Republican after he once again spoke out against Democrats’ extreme rhetoric, waring that it “will foment more extreme outcomes.”
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As we have highlighted, Fetterman has spoken out against Democrat Party lines on several topics, and in particular criticised the refusal of many on the left to condemn political violence.
On Sunday Fetterman shared a screenshot of an Axios article https://www.axios.com/2025/09/28/left-wing-terrorism-far-right-violence-research
“Study: Left-wing terrorism climbs to 30-year high,” which covers a recent study from the nonpartisan Center for Strategic and International Studies (CSIS) that concluded that although right-wing violence has historically outnumbered left-wing terrorism, the pattern has now flipped.
He accompanied the post with the caption “Unchecked extreme rhetoric, like labels as Hitler or fascist, will foment more extreme outcomes,” adding “Political violence is always wrong — no exceptions.”
“We must all turn the temperature down,” Fetterman added.
Unchecked extreme rhetoric, like labels as Hitler or fascist, will foment more extreme outcomes.
Political violence is always wrong—no exceptions.
We must all turn the temperature down. https://t.co/PDwYjn4rfl
— U.S. Senator John Fetterman (@SenFettermanPA) https://twitter.com/SenFettermanPA/status/1972331631622185255?ref_src=twsrc%5Etfw
Then in an appearance on Fox News with Maria Bartiromo, Fetterman stated “If you want a Democrat that’s gonna call people Nazis or fascist, all these things, I’m NOT gonna be that guy!”
Asked by Bartiromo if he would consider switching parties because of the extremism on the left, Fetterman responded “No, I’m not going to switch, but I’m just going to be an independent voice in the Democratic Party. I’m not going to be afraid if people, if there are groups attacking a Democrat, you know the last one in Pennsylvania, to me that’s part of the problem in our party.”
🚨 JUST IN – SENATOR JOHN FETTERMAN (D-PA): "If you want a Democrat that's gonna call people Nazis or fascist, all these things, I'm NOT gonna be that guy!"
Can every Democrat say this, please? https://t.co/v4eRHtUKbx
— Eric Daugherty (@EricLDaugh) https://twitter.com/EricLDaugh/status/1972311513051656700?ref_src=twsrc%5Etfw
Your Democrat colleagues have mastered the routine. Spend every day inciting violence and then spend 10 minutes calling for the temperature to be turned down after something horrible happens. Then immediately go back to inciting violence.https://t.co/e5D1J1cHgu
— MAZE (@mazemoore) https://twitter.com/mazemoore/status/1972352824056189010?ref_src=twsrc%5Etfw
Fetterman also repeated his call to Democrats to avoid shutting down the government, noting “I am ALWAYS going to vote against those things! I am going to condemn it. ESPECIALLY with the kind of chaos we are facing after (Charlie) Kirk.”
“I think shutting our government down is the wrong thing. It’s the wrong time,” he reiterated.
🚨 BREAKING: Senator John Fetterman BREAKS with Democrats, says the United States has been thrown into chaos after Charlie Kirk's assassination, and opposes a government shutdown.
"I am ALWAYS going to vote against those things! I am going to condemn it. ESPECIALLY with the kind… https://t.co/NmX3UgVspx
— Eric Daugherty (@EricLDaugh) https://twitter.com/EricLDaugh/status/1972310830474567884?ref_src=twsrc%5Etfw
While some have applauded Fetterman, others point out that until he stops being a Democrat, he’s making no difference.
It’s nice of https://twitter.com/SenFettermanPA?ref_src=twsrc%5Etfw
to say this, but ACTIONS speak louder than words. Until he leaves the Democrat party, he 💯supports what they’re doing.
Call it guilty by association, if you please.
— Just Jen R𝕏 🫡🇺🇸 (@JustJenRX) https://twitter.com/JustJenRX/status/1972318686804676636?ref_src=twsrc%5Etfw
He always says the right things but then votes with the democrats.
Until that changes he is no better.
— Real Defender (@real_defender) https://twitter.com/real_defender/status/1972310993259892817?ref_src=twsrc%5Etfw
His words are great.
He can say he “speaks” independently.
But he votes party line regardless of the damage.
Talk is cheap
— Chris Bradley (@chrisbradleyonX) https://twitter.com/chrisbradleyonX/status/1972440008066998586?ref_src=twsrc%5Etfw
Ill buy into Fetterman when his actions match his words
— Cash Loren (@CashLorenShow) https://twitter.com/CashLorenShow/status/1972311662947688890?ref_src=twsrc%5Etfw
He’s only saying this because he’s up for reelection next year. Change parties or shut up.
— Donna Bradshaw (@BrafshawD41096) https://twitter.com/BrafshawD41096/status/1972316182150824193?ref_src=twsrc%5Etfw
Fetterman knows PA is going Red like Ohio so he is hedging for re-election.
Check his voting record – 95%+ with Chuck Schumer!
Don't be naive voters!
— Publius (@OcrazioCornPop) https://twitter.com/OcrazioCornPop/status/1972312995381518591?ref_src=twsrc%5Etfw
Come to the light side of the Force, Senator
— St Thomas Fan 🇻🇦 🇺🇸 (@StThomasStan) https://twitter.com/StThomasStan/status/1972350053076685137?ref_src=twsrc%5Etfw
Your support is crucial in helping us defeat mass censorship. Please consider donating via https://pauljosephwatson.locals.com/support
.
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