← Back to All Videos

Labor Market COLLAPSING Faster Than They’re Telling You

Taylor Kenney - ITM Trading Jun 26, 2025

The real U.S. unemployment rate is 24.3%. Find out why the labor market is collapsing and how gold and silver can protect your wealth.

The Labor Market Lie vs. Functional Reality

The Bureau of Labor Statistics reports a 4.2% unemployment rate—a number parroted across financial news networks like gospel. But this statistic is a lie by omission.

  • It excludes part-time workers who want full-time jobs
  • Ignores discouraged workers who stopped looking for work
  • Omits gig workers and underemployed professionals

According to LISEP (the Ludwig Institute for Shared Economic Prosperity), the true functional unemployment rate is 24.3%.

That means 1 in 4 Americans are struggling to survive in a job market that is actively deteriorating.

AI and the Collapse of the Labor Market

Even college graduates aren’t spared. New grads face higher-than-average unemployment, struggling to gain entry-level jobs in a system where experience is required for even the most basic roles.

And it’s about to get worse:

  • Over 2,000 companies have announced mass layoffs since January 1
  • Amazon and Microsoft have begun slashing thousands of jobs
  • AI is not assisting workers—it’s replacing them

This isn’t some distant future problem. It’s happening now.

Government Data Revisions: A Deliberate Misinformation Campaign?

In May, the government claimed 139,000 new jobs were added. But March’s numbers were revised down from 224,000 to just 120,000. That’s not a small error. That’s a systemic misrepresentation of economic stability.

Even the NFIB Small Business Hiring Intentions Index has dropped to its lowest level since May 2020—the peak of COVID lockdowns.

2025 Looks Like 2008 and 2020 Rolled Into One

  • Corporate bankruptcies in Q1 2025 hit the highest levels since Q1 2010
  • Layoffs mirror 2020 shutdown levels
  • Dollar devaluation is accelerating as countries dump U.S. currency

Danielle DiMartino Booth issued a stark warning on CNBC: “Get whatever work you possibly can… Batten down the hatches.

Why the Dollar Is Now in Jeopardy

A country with:

  • 25% of its population functionally unemployed
  • Failing corporations slashing jobs
  • A government addicted to printing money

…cannot maintain global reserve currency status forever.

Countries are waking up. They’re ditching the dollar for gold.

Why?

  • Gold has no counterparty risk
  • Gold cannot be devalued by printing
  • Gold is immune to U.S. sanctions or manipulation

Gold & Silver: Your Shield Against a Failing System

We are entering a new era where tangible assets like gold and silver are not just smart investments—they’re essential survival tools.

  • Protect your savings from dollar devaluation
  • Preserve your retirement against inflation
  • Hedge your wealth with time-tested stores of value

This is why I personally own gold and silver and why ITM Trading exists: to help people like you build a strategy rooted in wealth preservation, monetary independence, and real value.

This Is Only the Beginning

If 2025 is already looking like 2008 and 2020 combined, ask yourself: what will the next 12 months bring? More layoffs, more dollar destruction, more Fed printing?

You can hope things get better, or you can prepare.

About ITM Trading
ITM Trading has over 28 years of experience helping clients safeguard their wealth through personalized strategies built on physical gold and silver. Our team of experts delivers research-backed guidance tailored to today’s economic threats.

THINKING ABOUT PURCHASING GOLD & SILVER?
Get expert guidance from our team of analysts with 28+ years of experience.
👉 [SCHEDULE YOUR CALL HERE] or call 866-351-4219

Secure Your Future With Gold & Silver

Access expert advice and transparent pricing—backed by decades of leadership in retirement protection.
Schedule Strategy Call

Sources & References In This Article

Similar Posts

Taylor Kenney - ITM Trading Jun 24, 2025

100 Years of War Reveal the ONLY Way to Protect Wealth

Learn More
Taylor Kenney - ITM Trading Jun 23, 2025

GOLD RUSH HOUR: Cashless Just the Start as IMF’s Real Agenda Takes Shape

Learn More
Taylor Kenney - ITM Trading Jun 19, 2025

Nations Pull Gold from U.S. as War Looms and Debt Spirals

Learn More
Taylor Kenney - ITM Trading Jun 17, 2025

Frank Giustra Was Right: Global Reset & Gold’s Rise Are Here (Explained)

Learn More
Taylor Kenney - ITM Trading Jun 16, 2025

Gold Exposes Real Price Tag of the American Dream

Learn More
Taylor Kenney - ITM Trading Jun 16, 2025

War on Cash Investigation: The Stadium

Learn More
Taylor Kenney - ITM Trading Jun 10, 2025

Stealth Bailout Begins as $10B Buyback Hides Collapsing Demand

Learn More
Taylor Kenney - ITM Trading Jun 8, 2025

GOLD RUSH HOUR: Using Gold to Preserve Wealth & Rebuild After the Reset

Learn More