After spending years attacking Biden for inflation, Fox Business news now makes it sound like Inflation is perfectly fine amidst Trump's tariffs.
— Ed Krassenstein (@EdKrassen) April 2, 2025
“Listen it’s a roller coaster. You only get hurt if you jump off amid the ride. If you have to pull back from your vacation this year… pic.twitter.com/MZnpPmSs8C
“Listen it’s a roller coaster. You only get hurt if you jump off amid the ride. If you have to pull back from your vacation this year because times are a little tighter, fine. Save, plan and you can’t just be like ‘the sky is falling’ looking at the headlines every day to decide how I’m going to live life.”
A surge in federal government job cuts contributed to a near record-setting pace for announced layoffs in March, exceeded only by when the country shut down in 2020 for the Covid pandemic, according to a report Thursday from job placement firm Challenger, Gray & Christmas.
Furloughs in the federal government totaled 216,215 for the month, part of a total 275,240 reductions overall in the labor force. Some 280,253 layoffs across 27 agencies in the past two months have been linked to the Elon Musk-led so-called Department of Government Efficiency and its efforts to pare down the federal workforce.
The monthly total was surpassed only by April and May of 2020 in the early days of the pandemic when employers announced combined reductions of more than 1 million, according to Challenger records going back to 1989. It also was the highest March on record.
The year-to-date tally for federal government announced layoffs represents a 672% increase from the same period in 2024, according to Challenger.