Scott Bessent: Slowed Job Growth Is Due to 2 Million Deportations; Americans Are ‘Doing Quite Well’

[mystery-ak]

Scott Bessent: Slowed Job Growth Is Due to 2 Million Deportations; Americans Are ‘Doing Quite Well’ Getting Jobs

Olivia Rondeau 15 Oct 2025
3:15

Treasury Secretary Scott Bessent said U.S. job growth has slowed down in part due to two million illegals being deported, saying, “I think in terms of Americans having jobs, we’re doing quite well.”

Appearing Wednesday morning at CNBC’s Invest in America Forum in Washington, DC, Bessent was asked by host Sara Eisen to explain the reasons behind the recent “slowdown in job growth.”

https://x.com/SpencerHakimian/status/1978458475660272020

“Some people are wondering, is this a supply issue because immigration has slowed down, or is it a demand issue where businesses aren’t hiring as much?”

“Well, I think it’s a couple of things,” the secretary replied. “I think with the securing of the border, and then maybe between deportations and voluntary deportations, we’ve seen two million people leave the workforce. And, I think in terms of Americans having jobs, we’re doing quite well.”

more
https://www.breitbart.com/economy/2025/10/15/scott-bessent-slowed-job-growth-due-to-2-million-deportations-americans-doing-quite-well-getting-jobs/

[Free Vulcan]

Thing is there are still plenty of unfilled jobs out there, and plenty of unskilled ones too, so it's not like we are in a layoff cycle either.

[libertybele]

Joe's inflation is still having an impact on the economy as prices are still out of line (especially food) and then there are those idiots who voted in wage increases; these have an impact on job growth.  It doesn't surprise me that job growth has slowed. 

Those who used to be able to afford to go out and eat, buy new clothes, appliances, cars, etc., can no longer do so.

Enter AI technology and robots replacing jobs ... of course job growth is going to slow and IMHO likely be substantially diminished.