Mike Lindell

this this means that if i only won my race by 12 points that it's a dead even race come the midterms and that's that's assuming that things don't get worse worse which they're likely to hey joe uh yeah a big miss on the avp payrolls uh the private payroll company saying private payroll shed 32 000 workers in november that's the fourth negative number in the past six months for this

series.

Take a look here.

The estimate was for 40,000, so the street was off on this one.

And how did you get there?

Well, goods producing shed 19,000 workers, service producing shedding 13,000 workers.

But the big story here, and I'll show you more detail on this, is what's happening with small business down 120,000, medium and large business doing okay, up 51 and 39,000 respectively.

But take a look at this chart here.

Virtually all of the job losses have come

from small business which has been negative in six of seven months since april without those losses adp numbers would actually be positive but you can't get rid of it you can't exclude small business and then you look at it by sector well we've seen those two sectors do it education health services losing hospitality leading the way but manufacturing down information down and professional business services down by 26 000.

Also, another sign of weakness in the job market, job stayers, their wages up 4.4.

That's down a tenth from the prior month.

And job changers, that was a big number or had been.

That's down four tenths of a point to 6.3 percent.

So, Joe, at least according to ADP, additional weakness in the job market and small business getting hammered.

And there is some information that some of this may be coming from being hammered by the tariffs.

And Steve, interesting you bring up that rally.

I spoke at that rally.

That's the first time I ever spoke in public at a rally.

It was very nervous, but so much has happened since then.