Much has changed in the U.S. economy since President Trump took over from President Biden nearly one year ago, but one thing hasn't: The low level of layoffs. Companies just aren't getting rid of many workers.
It's boom times for Trump's economy. Especially if you're rich. PoliticoU.S. GDP Grew 4.3%, Surging in Third Quarter of 2025 The New York TimesTrump news at a glance: President claims tariffs behind unexpected growth, but consumer confidence falls The GuardianEconomic growth surges in late summer, the highest in two years The Washington PostConsumers Power Strongest U.S. Economic Growth in Two Years The Wall Street Journal
The U.S. grew at a snappy 4.3% annual pace in the third quarter — the biggest increase in two years — but the economy is unlikely to match that feat in the waning months of 2025 due partly to the long government shutdown.
