The Hiring Crisis: What’s Really Happening to the Job Market?

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Eurodollar University

Eurodollar University

Күн бұрын

Пікірлер: 242
@eurodollaruniversity
@eurodollaruniversity 14 сағат бұрын
you can sign up for the webinar here event.webinarjam.com/register/26/x671piml
@johnl9977
@johnl9977 11 сағат бұрын
I'm confused, Saw an article on Yahoo Finance saying online sales were up over 14% from last year. Somebody is wrong here. The big problem is wages. Real income has dropped 30% for the majority of the workforce ever since Reaganomics. Only reason people have not noticed, is because most of what they bought pre-Reagan was Made in the U.S.A. Now, 90% of what people buy is cheap crap from China or elsewhere, so the standard of living has not fallen much, even though their real income has. The Problem is of course was trickle down. You need the people getting good wages to keep the economy humming. Giving all the money to the wealthy, just lets them buy more stocks bonds and monopolies. Now, they are using all that trickle down, to buy neighborhoods, trailer parks, whatever they can, which does absolutely nothing for the economy. To have a healthy economy pay the workers, it will hum. The wealthy do less than zero for the economy, they are a big ol' drag on it and need to be very heavily taxed because they definitely owe it to their country for what it has done for them. 250 years of Americans working and paying taxes is what gave them the ability to grift that wealth that they do not want to pay any taxes on.
@Georgeherbert-w8y
@Georgeherbert-w8y Сағат бұрын
In my opinion
@Georgeherbert-w8y
@Georgeherbert-w8y Сағат бұрын
She's mostly on Telegrams, using the user name
@Georgeherbert-w8y
@Georgeherbert-w8y Сағат бұрын
LeasieAiken
@josexaper7734
@josexaper7734 Сағат бұрын
LeasieAiken is among the best traders on the internet and I'll keep saying it every time.
@Hollykymis
@Hollykymis Сағат бұрын
Thank you. I have searched, her and message her on her ‘Telegram’s, I think I am satisfied with her experience
@Kathrynrosa3660
@Kathrynrosa3660 Сағат бұрын
Trading used. to be a difficult for me, but with Leasie Aiken’s guidance, it's now a walk in the park. Highly recommend his courses!
@combabus
@combabus 12 сағат бұрын
Companies are getting competitive posting ghost jobs. The whole job market resembles a ponzi scheme at this point.
@issaqua
@issaqua 9 сағат бұрын
Why aren't fake job postings classified as fraud?
@ngmookleong3415
@ngmookleong3415 9 сағат бұрын
i rather call it American scheme now .
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
Yip. Job search videos are posting this message over and over again. AI destroyed job boards for both seekers and hirers.
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
@@issaqua Laws require a demonstrable loss before it can be considered fraud. That said, it would help everyone if they stared handing out 1 year sentences to HR people engaged in this practice. Don't hold your breath.
@bpb5541
@bpb5541 Сағат бұрын
i agree. I think companies post fake jobs online to make it appear their buisness are doing well so they can keep their stock prices high It should be illegal but how do we inforce that. It's like stock buy backs.... those should be illegal too but there not. What a mess.
@MeJonTheDon
@MeJonTheDon 11 сағат бұрын
The reality is, when most of the wealth is extracted, there is nothing more. When everything is tied to money, there are no altruistic societal goals that can go beyond and continue to improve living standards and well being. Eventually, the wealth of the few can become so concentrated, it either becomes worthless as a tool for exchange, or those folks lose their heads. That just what history tells you. The rubber band either needs to snap back to something more balanced, or it will break
@AlManango
@AlManango 10 сағат бұрын
Who’s optimistic when it literally feels like the rug under us is being yanked faster every year. People can’t keep up
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
I am optimistic because I switched my efforts from selling labour to managing (a very small amount) of capital. Labour is a mug's game and is going to get much, much worse in the next 5 years as AI job agents and capable humanoid robots roll out to workplaces.
@bpb5541
@bpb5541 Сағат бұрын
@@michaelnurse9089what you said shows that the system is broken. Making money with more money without really producing anything proves that the system is broken. I think it is getting ready to really show its ugly face. I would be very careful and I would at least use stop loss orders to protect yourself.
@kentriat2426
@kentriat2426 13 сағат бұрын
If the basic home requirement have been priced out of reach your not going to see buying/employment. Houses are to high cars are to high. Basic furniture is to high, eating out is to high education costs are to high holidays are out of even a thought for a family. CEO’s did not manage operating cost they just put prices up to meet their short term needs to get their bonuses. Well everyone increasing there prices by 4% sure exceeds the less than 2% wage growth and then CEO’s cannot understand why people are not buying there product.
@orhanmekic9292
@orhanmekic9292 28 минут бұрын
"But we are borrowing tril.. ooops, I am in the wrong video" 🤣
@rifleman42051
@rifleman42051 12 сағат бұрын
This video validates the US Economy is in a recession!
@thedude7315
@thedude7315 Сағат бұрын
This is what happens when prices skyrockets and people can’t afford to spend money.
@angelatillman4323
@angelatillman4323 13 сағат бұрын
Jobs rose if you want to make $13 an hour! What a joke!
@LinuxGalore
@LinuxGalore 12 сағат бұрын
This is the hidden dirty little secret of modern politics, if you wanted proof that modern political parties and the global corporations are in it together, just look at how wages are going south. The other hidden dirty secret is the US senate members make over $400 million on stock trades based on insider trading. So it is in the interest of us politicians to keep wages down.
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
In my country that would make you middle class. Here, similar low level jobs pay about $1.50/h (in local currency equivalents).
@Neozio
@Neozio Сағат бұрын
How big is the city of Chicago get downtown the amount of vacant a business property is it's scary. Between the amount of businesses that are shut down and then the quality of the labor pool has dropped dramatically too!! I ha😢 learned how inaccurate government numbers are . SoI usually times whenever they are calculations are play a factor of at least two to three.
@SteveB-nx2uo
@SteveB-nx2uo Сағат бұрын
20 years ago a double cheeseburger was under $2.00
@chrisupton31
@chrisupton31 12 сағат бұрын
Yep... every business I've heard of has been hurting ever since early 2022
@felipeneto4203
@felipeneto4203 12 сағат бұрын
I love the grounded reality of this channel!!! *If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance, but if you want to make your money work for you..prevent inflation*
@DaveGaskin
@DaveGaskin 12 сағат бұрын
I feel sympathy and empathy for our country, low income earners are suffering to survive, and I appreciate Wen. You've helped my family with your advice. imagine investing $30,000 and receiving $95,460 after 28 days of trading.
@heidvsjekdndjdfjcc2837
@heidvsjekdndjdfjcc2837 12 сағат бұрын
I'm in a similar situation where should I look to increase income? Do you have any advice? What did you do? Thank you
@PoisonIvy2280
@PoisonIvy2280 12 сағат бұрын
I will recommend Ricky Wen Investing Services to you. He is good at what he does.
@joshraphaelbatusin933
@joshraphaelbatusin933 12 сағат бұрын
Did someone just mention Mr Wen!? Damn! You just made my day; what a coincidence.. I've worked with him for over 2years and I can tell how good he is
@sky9935
@sky9935 12 сағат бұрын
It's great to see you guys talking about Ricky Wen, This man changed the game for me. Good Man❤️
@joshuaburns3167
@joshuaburns3167 14 сағат бұрын
Everyone is a stock trader now Jeff
@P3rformula
@P3rformula 13 сағат бұрын
me too
@nationsnumber1chump
@nationsnumber1chump 13 сағат бұрын
😂 I thought about pretty hard
@bpb5541
@bpb5541 Сағат бұрын
Hahahah. 96% of all traders lose money. Durning a bull market (we have been in the longest one in history) folks think they are smart when really they are just lucky. No way we add another 15 years onto this this 15 year bull market, espeically with all the debt and inflation that we have experienced. IMHO we are about to see how is lucky and who has skill. I think 95% lose at least half but more like 75%. How many people do you know that understand how to trade a bear market? Folks don't know how to sell rips, they only know how to buy dips and when they lose everything they are going to say it is all rigged, a scam, and will swear off the markets, promising to never have anything to do with them ever again ... and this is when I will go long again. Now add on the fact that unemployment is going to spike, buisnesses will fail, banks will fail, house prices will crash, CRE will crash.... there are going to be some really nice stuff on sale but all those folks that think they actually know what they are doing are going to be feed the accounts of those that really do. Human nature has not changed. This happens at every market top. For real traders Bear markets are much easier to trade than bull markets. The market drops 3 times (at least) as it rises and fear is the greater of the emotions that rule the markets. I worry for people but that won't stop me from taking their money or buying all their stuff back up at more than 1/2 off. Folks need to stop being greedy ... take profits... move their cash to T bills or CDs and wait. But they won't they think there is another 20 or 40 percent rise from here.... What is really going to shock everyone is when the US Govt defaults or the US Dollar is worth hardly anything... possibly zero. It could get really scary really fast.
@William-y1d-l5c
@William-y1d-l5c 16 минут бұрын
I retired at 52 and honestly, I wish I’d done it sooner. The 9-to-5 grind always steals your freedom for a paycheck that barely scratches the surface. My advice? If you’re in your late 30s or early 40s, start saving for FIRE now (Financial Independence, Retire Early.) And if you’re in your 50s, invest smartly and break free from relying on your job. Market trends, like the Trump Effect, have made millions for many, including me. Stay focused, stay consistent, and remember financial freedom is within reach if you make it a priority.
@Nancy-1w
@Nancy-1w 15 минут бұрын
Exactly My point! The 9 to 5 grind is just not worth it the stress and low payoff. What specific steps did you take to break free?
@William-y1d-l5c
@William-y1d-l5c 15 минут бұрын
Working with Lorrie Greta Hillard , a financial advisor, was a game changer. She helped me refine my savings strategy, including retirement planning, and provided expert guidance on investments and budgeting to maximize my savings.
@Nancy-1w
@Nancy-1w 13 минут бұрын
Got it! Thanks for the tip! I was curious, so I looked up Lorrie
@Florencewalter-o4s
@Florencewalter-o4s 13 минут бұрын
So done with 9-5, its Depressing!
@DangerDumpster
@DangerDumpster 12 сағат бұрын
The keyword is nobody in the United States is hiring, my company, a major player in the tech and media world refuses to hire American, even if American talent is competitive Lee price with international hires. My team is suffering for it, but the executives don’t care.
@niko-qi1oi
@niko-qi1oi 11 сағат бұрын
The H1B has been abused for decades now and needs to be curtailed. Why would corporations care about investing in the human capital of Americans if they can easy hire overseas.
@erinsweet8147
@erinsweet8147 10 сағат бұрын
Why don’t the hire qualified Americans? I know foreigners take less pay.
@niko-qi1oi
@niko-qi1oi 8 сағат бұрын
@@erinsweet8147 you just answered your own question. They can pay them less and domestic tax avoidance does not reduce their talent pool.
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
@@erinsweet8147 They make the mistake thinking an engineer from India is worth the same as an engineer from the US - they both learned from the same textbook after all. They ignore the fact that white ancestry Americans have proven again and again over centuries to be the best innovators and arbitragers.
@mephik
@mephik 58 минут бұрын
@@erinsweet8147 Just answered your own question. Add that Managerial Class is now protected status in corporate and it's gravy. I can run a team into the ground and they'll just hand me more folks. EVEN if the CEO is inept, they golden parachute to next C-suite position. You get injected into the fat and ride it out or keep being the muscles doing the grinding. There is no meritocracy, I make triple what I made doing real work to effectively just tell others to do what I would have myself. it's an absolute joke of a system but it's operational reality and you sink or you swim.
@estuardo2985
@estuardo2985 11 сағат бұрын
Congress needs to pass a law with federal jail time (one month) for those directly responsible for posting fake jobs and as well as the ceo ultimately responsible. Once a few get locked up everyone will clean up their act.
@Null-o7j
@Null-o7j 7 сағат бұрын
Would be hard to prove a job is fake.
@larsnystrom6698
@larsnystrom6698 6 сағат бұрын
A solution worthy of the land of lawyers🙂
@flakieflake9616
@flakieflake9616 5 сағат бұрын
Congress is probably behind the manipulation of figures to make the economy appear better than it is !
@bpb5541
@bpb5541 Сағат бұрын
Agree but that is almost impossible to enforce. What we need is everyone to actually have morals and do the right thing. It is common to see fraud and scams spike at market tops.
@kalicambria
@kalicambria 9 сағат бұрын
Bonds will never recover
@stevemelton4388
@stevemelton4388 14 сағат бұрын
Hiring has been off by hundreds of thousands of jobs. It’s been going in for years. Quit your job today…. any job…. and see how fast you replace it
@SaltyKebob
@SaltyKebob 2 сағат бұрын
And if we remove government funded jobs from the data…
@M3TALG0DS
@M3TALG0DS 14 сағат бұрын
12 years of software manual QA engineering experience along with application support and I’m still having a hard time finding a job. Did everything I can I revamped my résumé I’m making sure I’m early for my interviews asking the proper questions preparing and reading the website . Applying both on the career websites and the company websites I don’t know what more I can do .
@Zach-v9j
@Zach-v9j 13 сағат бұрын
pack up and move to the woods i guess
@bubbasanches4591
@bubbasanches4591 13 сағат бұрын
Those aren't high skill jobs.. Application Support is minimum wage where I live and I did it as a first job when i was young, they often hired migrants even to do it because it's generally so easy.
@rifleman42051
@rifleman42051 13 сағат бұрын
I do IT as well and the IT job market is garbage, last 2 IT jobs I had I got paid to sit around, I was like wtf??? This is not good!
@davidmann2524
@davidmann2524 12 сағат бұрын
? I looked it up and said with no experience they are 70k a year. Experienced is 120k.
@DistrustHumanz
@DistrustHumanz 11 сағат бұрын
You should be posting kind and supportive comments about AI. When our AI overlords take over, they will be able to read every comment ever made by anyone and most likely will treat those who were supportive of them better.
@tonycerviver2123
@tonycerviver2123 8 сағат бұрын
Baby you ain't seen nothing yet, wait till January 2025 rolls around.
@Violet098
@Violet098 9 сағат бұрын
Thank you for your videos mate.... With Trump's presidency, economic shifts are expected to be significant, especially given the current recession and the potential impact of future rate cuts. Although rate cuts might not boost inflation as hoped, they may lead banks to further restrict consumer and corporate lending, contributing to a deflationary period for various assets. This environment could result in declining stock values, retail and housing sales, and rising unemployment due to layoffs. For investors, a diversified portfolio especially with stocks and cryptocurrencies offers some protection, serving as a hedge amid volatility. Both long- and short-term trading strategies can help manage risks, providing stability as markets adjust. I have managed to grow a nest egg of around 130k to a decent 532k in the space of a few months... I'm especially grateful to Sandy Barclays, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape..
@Violet098
@Violet098 9 сағат бұрын
She mostly interacts on Telegrams, using the user-name.
@Violet098
@Violet098 9 сағат бұрын
@SandyBarclays .
@lwmustafa8173
@lwmustafa8173 8 сағат бұрын
If the market has taught me anything, it's that it always recovers, but I can't seem to focus on the long run, when major factors like my retirement and my reserve are wreaking havoc on inflation. I require a solid data trajectory and solution as soon as possible.
@xSMILEx24
@xSMILEx24 8 сағат бұрын
Over the years, I've been a part of numerous trading programs, sifting through a barrage of information. Yet, nothing has come close to the sheer clarity, depth, and precision of Sandy insights. It's akin to finding a diamond in a coal mine.
@SharaizIqbal
@SharaizIqbal 8 сағат бұрын
Best signal provider in the market. Knowledgeable, level headed no loss like some other traders who recently jumped on the bandwagon.
@UPdan
@UPdan 8 сағат бұрын
2% increase in sales while real inflation is 10% on what I'm looking at in items means they are down in sales 8% but are pumping their stocks while insiders sell.
@user-sd5jt9gn5j
@user-sd5jt9gn5j 12 сағат бұрын
I have felt this, this whole season trying to get into hospitality industry again. This is a scary sign of things to come, UBI, immigration, and robot replacements.
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
My take: Robots will take 7 years to get to hospitality - they will be supply contrained for a decade or two going to the most lucrative industry first. If seven years is suitable you can still work there. Immigrants do not do well in people facing positions.
@larsnystrom6698
@larsnystrom6698 6 сағат бұрын
The most relevant figures should be labour market participation. In addition to this we would need to know how much they earn. The US seems to utilize a lot of figures which tells us very little, and ignores the big picture. Good governance requires good statistics. But maybe the idea is to hide that it isn't working.
@andrewf8486
@andrewf8486 9 сағат бұрын
Are we as a nation transitioning away from quantity and towards high value added products. Like the big three who are only selling up trim level vehicles with large margins, instead of producing a ton of cheap vehicles.
@Michaelparker12
@Michaelparker12 4 сағат бұрын
I recognize the hardships that come with economic struggles like unemployment, job loss, inflation, housing market instability, political uncertainties, and the global impact of conflicts and wars. Making ends meet during such times can be incredibly challenging. To navigate this difficult period, considering alternative job prospects, enhancing skills through online courses, and expanding your network can heighten the chances of securing employment. Moreover, prudent budgeting, exploring available financial aid programs, and seeking assistance from community organizations can offer some relief. How are you currently tackling these challenges? Have you implemented any specific strategies to cope?
@DhanaPayar
@DhanaPayar 4 сағат бұрын
In my opinion, now is not the moment to rely on hearsay. Every individual, regardless of their level of experience as an investor OR in a financial market, requires guidance at some stage.
@BridgetMiller-
@BridgetMiller- 3 сағат бұрын
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@Theodorebarba
@Theodorebarba 3 сағат бұрын
this sounds considerable! think you know any advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
@BridgetMiller-
@BridgetMiller- 3 сағат бұрын
Finding financial advisors like Stacy Lynn Staples who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
@berniceburgos-
@berniceburgos- 3 сағат бұрын
Thanks for sharing, I just liquidated some of my funds to invest in the stock market, I will need every help I can get.
@MarkStettler
@MarkStettler 8 сағат бұрын
Jobs in dentistry must be bucking the trend! Hygienists are in historic low supply, and thus their wages have shot up to $60-$70 per hour with some markets reaching $80/hr. Dental Assistants are also in low supply.
@Hayes489
@Hayes489 4 сағат бұрын
Given the ongoing global economic challenges, it's crucial for everyone to diversify their income sources, especially those not dependent on government support. Now is an ideal time to explore investments in assets like gold, silver, and digital currencies such as Bitcoin, Ethereum, and XRP. Thanks to Flora Monticola for her outstanding proficiency and guidance in these fields.
@DevinKarlson
@DevinKarlson 4 сағат бұрын
I checked the name online and was able to find her, thanks.
@Bardotc
@Bardotc 4 сағат бұрын
Trading with an expert is the best strategy for beginners and busy investors who have little or no time to monitor their trades..
@RegisBarberis
@RegisBarberis 4 сағат бұрын
Thanks, I just googled her I'm really impressed with her credentials. . I will write her an e-mail shortly.
@xlegus7
@xlegus7 4 сағат бұрын
She's really good in studying the market and making a strategy and i am learning so much from her already...
@DaThuc-o5m
@DaThuc-o5m 4 сағат бұрын
I'm from Monaco ! I and two other of my friends tried her immediately we testified her wonderful performance
@InugamiTheHound
@InugamiTheHound 6 сағат бұрын
also it feels like minimum wage wages aren't hiring or increasing pay either. It also feel like big corporations aren't hiring new workers or give them better salaries and benefits (staring wage of 35K or 40K isn't gonna cut it no more, this isn't the 1980s no more)
@everafter2973
@everafter2973 54 минут бұрын
I have tried to applied for minimum wage job as a college student and no one is hiring sadly
@curlymaplebandit3107
@curlymaplebandit3107 6 сағат бұрын
The majority of new jobs over the last several years were gov jobs, they’re no longer hiring, and it looks like might get some major layoffs there too. Change how you calculate inflation, manipulate the unemployment numbers… it’s almost like someone wanted to give the illusion of a good economy.
@stiffdrinkfinance1981
@stiffdrinkfinance1981 10 сағат бұрын
That ghost demand for labor and double counting is globally synchronized
@artandreassen3481
@artandreassen3481 40 минут бұрын
What I find interesting is the different way CPI and PPi are deflated and the resulting different impacts. With in PPI the BLS estimates dollar values for quality changes in the products deflated. These real dollar estimates affect the real dollar value of the product. Increases in quality raise the real dollar value and lowers the inflation. There is no quality adjustment done with CPI measurements. When the basket of goods is revised there is no measurement for how much the quality has changed. Buying hot dogs rather than steak lowers the real value of your dinner not just the price.
@erinsweet8147
@erinsweet8147 10 сағат бұрын
We are building a house ourselves and i bought all my appliances a year ago. Gotta get them before the inflation goes back up!!
@JooshuaJames
@JooshuaJames 10 сағат бұрын
USPS, Amazon, cleaning jobs, manufacturing laborer jobs, just to name a few that always hire.
@JooshuaJames
@JooshuaJames 10 сағат бұрын
Oh btw, US Army
@tradermunky1998
@tradermunky1998 8 сағат бұрын
WO! That sounds like I might get hurt and I will probably at least get dirty. I like to shower in the morning and that would never fit.
@Tr0319
@Tr0319 7 сағат бұрын
This should be of grave concern for Jeff... He's been wrong for sooooo long that he has to be looking for a job at this point!
@mohlini1
@mohlini1 3 сағат бұрын
Thanks Jeff
@user-jc9uu1dn4k
@user-jc9uu1dn4k 38 минут бұрын
Love your content!
@MuckyMucky-z3c
@MuckyMucky-z3c 11 сағат бұрын
Just follow full time private sector employment and bankruptcies. No need to look elsewhere.
@TheBirdmon17
@TheBirdmon17 9 сағат бұрын
what you mean?
@MuckyMucky-z3c
@MuckyMucky-z3c 9 сағат бұрын
@TheBirdmon17 Bankruptcies data comes direct from the courts and is not manipulated. Bankruptcies impact employment and bank loan loses. The level of bankruptcies are high. Full time employment is hard to manipulate, part time employment easy to manipulate. Private sector generates wealth, public sector consumes wealth.
@GungaGaLunga777
@GungaGaLunga777 9 сағат бұрын
Most jobs will be replaced by automation, computerization, robotics, and AI. Or simply no longer be needed much or at all. Rise of the Machines. Already happening. You can't out work a machine. A machine takes no breaks or vacations. Once a machine is cheaper doing your job, you will be replaced. And yes robot machines will repair and maintain the machines eventually. Don't blame me. I have no idea how to survive this economy either.
@icanhasutoobz
@icanhasutoobz 6 сағат бұрын
1) The machines/automation can't fix themselves yet, not even close; there will still be the need for people to maintain and monitor them for the foreseeable future. They also can't tell when they're malfunctioning in non-obvious ways (e.g. LLMs yielding incorrect results, halucinations). You're not wrong that replacement is inevitable (and it's not fundamentally bad, if conducted ethically, which unfortunately is not what's happening), but the current automation/ai/robots are not yet up to the task for most jobs, and won't be for awhile (despite the common hype and FUD about them). At the moment, they are far, far more likely to leave huge messes that actually create jobs (albeit likely crappy, unrewarding ones) for humans to clean their messes up (from what I hear, some people in development circles are already experiencing this). 2) The economy will *fall apart* if this replacement happens without something that provides people income, e.g. UBI. It only works when money _flows_, moves. If it stagnates (for instance, is almost entirely pooled into very, very few hands that don't actually spend it, and everyone else has none to spend), the whole stupid game falls apart. That seems to be true in general of money/economies, but is definitely true in debt-based fiat currencies like the USD. The economy only works properly when money can flow through it. In other words, companies are and have been sawing their own legs out from under themselves, and unfortunately their leadership is too stupid and short-sighted to see this for themselves, despite the fact that many of them are run by MBAs, who in theory _should_ have more grounding in economics than I personally do, yet behave as if they don't actually understand the basic mechanics at all (it's really not that hard; the priniciple is essentially the same as you can't pump from a dry well). They're setting up a situation in which the USD could legitimately crash, become effectively worthless; they're pushing wealth inequality to its absurd, fundamentally unsustainable logical endpoint. 3) Based on 2, if the companies building these things (AI/automation/robots to replace human labor) don't manage to get them to a self-maintainability threshold before the s**t hits the fan (which they won't; it's already started, and they're still optimistically years away with most of them, and possibly not even on the right track with some), it's unclear when/if we will even hit that point of critical mass. As difficult as it may be to believe, some of those companies that seem to be riding high right now on the AI bubble could easily be bankrupt within a few years (maybe sooner). They've been f'ing around for a long, long time, and soon enough they will, in fact, find out.
@GungaGaLunga777
@GungaGaLunga777 5 сағат бұрын
@@icanhasutoobz We agree on much but, ​while not tomorrow or next week, it is being implemented right now, and automation will propagate faster and sooner than most think. Already happening. Those poor US longshoreman workers are in denial. Just look how automated ports are in China. It is shocking. A few workers in trailers, remotely operating entire ports. Not hard to believe when operators in Nevada pilot drones on the other side of Earth. AI fully autonomous drones already possible and being tested by Walmart etc. It is real and now. Chipotle alvacado prep machine being implemented. Drive thru only Panda Express locations already being built. Automated wok robots already in china. Fully automated robot restraunts exist already in Asia. Disruption has already begun. And the processes and form factors themselves will be changed to accomodate the machines accelerating the transition. Look how evolved chip FOB plants are. Fewer and fewer humans needed already. General purpose robots being tested now. Watch some Boston Dynamics videos. Shocking advances in all robot form factors. Entire data centers already run by very few humans. AI already better than any human radiologists. I just think way sooner than most think. We are not ready for the disruption already occuring. We just aren't. More layoffs ahead and those jobs are not coming back.
@GungaGaLunga777
@GungaGaLunga777 5 сағат бұрын
Already happening now late 2024: "Hershey has announced a restructuring plan that includes reducing its workforce to drive productivity by automating processes." "UPS to permanently lay off more than 300 Oklahoma City workers amid facility “modernizing” "Automation sparks layoffs at UPS & Siemens, Swisscom invests in digital transformation & operational efficiency" "Citigroup plans to lay off 20,000 over three years due to increased technology spending and automation improvements." "In a recent interview, Mark Cuban made a bold prediction: the next decade will bring a level of change that will dwarf the technological advancements of the past 30 years. However, Cuban also issued a stark warning about the "automation of automation" and its looming disruption to millions of jobs."
@markmarkhitton9824
@markmarkhitton9824 7 сағат бұрын
Jeff number1
@sebastiancioek5970
@sebastiancioek5970 6 сағат бұрын
60-70% we will have stagflation after 2026.
@erinsweet8147
@erinsweet8147 10 сағат бұрын
The gas station is hiring, $12 an hour.😢
@keijikazu
@keijikazu 3 сағат бұрын
Love your videos. Can you pls talk about GDP and its relationship to the data points you cover? Traditional media and financial market observers site this number constantly.
@chasetheswift
@chasetheswift 4 сағат бұрын
I just got laid off in the tech sector as well lol.
@georgelien
@georgelien 14 сағат бұрын
Please tone down Color Saturation in post-video production
@mikewazowski489
@mikewazowski489 13 сағат бұрын
It brings out the colour in his eyes
@aaronpetry715
@aaronpetry715 10 сағат бұрын
Not good shopping? down 1.7% from last year. Still higher than anytime before 2020. Black Friday cyber shopping has been the same the last 4 years.
@Dylan6611
@Dylan6611 13 сағат бұрын
Keep kicking the can. We might not see true data come out for a year
@mikewazowski489
@mikewazowski489 13 сағат бұрын
I don't know if it's a catastrophe, JOLTS is in the high 7s, same as most of 2018-2019, it seems like it's normalizing after a wild rise in openings in 2022. No panic until initial jobless claims rise meaningfully several weeks in a row
@OBrienKevin
@OBrienKevin 9 сағат бұрын
I enjoy the channel, and I appreciate all the data and metrics provided to support your thesis. I would like to see fewer of the faces and the comments on your slides, it covers the data and downplays your credibility in my opinion.
@tradermunky1998
@tradermunky1998 8 сағат бұрын
Wait a sec... I only come here for that, how dare you!
@PonziZombieKiller
@PonziZombieKiller 12 сағат бұрын
100% total B.S.
@benjithepelicannearsanibel5248
@benjithepelicannearsanibel5248 12 сағат бұрын
Jersey Mikes is hiring
@JohnEarlStar
@JohnEarlStar 13 сағат бұрын
No one wants the added cost of shipping. If you're looking for an upswing, sell army surplus...
@ChrisWalbrun
@ChrisWalbrun 12 сағат бұрын
Always gotta find that brown lining on any good news..... On brand chicken little
@PonziZombieKiller
@PonziZombieKiller 12 сағат бұрын
Means Nothing... More Hand Outs to the Untouchables on the XLF.
@anthonyferris8912
@anthonyferris8912 13 сағат бұрын
Your friend SVM says the quit rate is up. Which seems strange.
@jobe8764
@jobe8764 13 сағат бұрын
Quit rate is from retiring boomers
@kenhoneycutt2046
@kenhoneycutt2046 12 сағат бұрын
@@jobe8764according to wolf street those don’t count as quits.
@MichaelFrisoliMicFri300
@MichaelFrisoliMicFri300 7 сағат бұрын
I must admit, it gives me great pleasure to watch Jeff's channel failing in real time!
@wagashiohagi
@wagashiohagi 12 сағат бұрын
"I'm broke and miserable, earning a dime a day from KZbin clickbait because I failed out of the investment world. For the low low cost of two grand a year, you too can take the deep dive of failure and misery." -Jeff
@kentuckycowboy7660
@kentuckycowboy7660 10 сағат бұрын
Idk 🤷‍♂️ either
@frenchfred3
@frenchfred3 13 сағат бұрын
data is not great but not as gloom and doom as you make it appear
@zachjack7149
@zachjack7149 13 сағат бұрын
We all doom.. it's a catastrophe..
@oldhickory42
@oldhickory42 10 сағат бұрын
P. Ditty?
@meandshe1518
@meandshe1518 12 сағат бұрын
Are duplicate job ads factored?
@DataJuggler
@DataJuggler 10 сағат бұрын
More than half the jobs are fake. If you ever see a job that says '2 references required', that is a salesman's dream as you just showed them a company that hires and the person to talk to.
@toddshepard3592
@toddshepard3592 13 сағат бұрын
Economists are grifters.
@wagashiohagi
@wagashiohagi 12 сағат бұрын
Jeff is a grifter, but surely not an economist.
@jkmarshall3553
@jkmarshall3553 14 сағат бұрын
Subway is hiring...
@JooshuaJames
@JooshuaJames 10 сағат бұрын
Go ahead, you go first
@MattWassenaar-o4o
@MattWassenaar-o4o 9 сағат бұрын
USPS is always hiring…
@sz8558
@sz8558 29 минут бұрын
Aaaaaand we're back to "WTF"
@CaseJams
@CaseJams 12 сағат бұрын
Let’s talk more about the squiggly lines moving. Boring. 😂❤
@michaelnurse9089
@michaelnurse9089 6 сағат бұрын
Not actually. I watch a lot of videos about squiggly lines NOT moving - those are the boring ones.
@pdel303
@pdel303 12 сағат бұрын
Love Xi peeking over at the other guy.
@docbrown7513
@docbrown7513 14 сағат бұрын
“You shall not oppress a hired worker who is poor and needy, whether he is one of your brothers or one of the sojourners who are in your land within your towns. You shall give him his wages on the same day, before the sun sets (for he is poor and counts on it), lest he cry against you to the Lord, and you be guilty of sin.
@BillybobThorton-q7w
@BillybobThorton-q7w 36 минут бұрын
Something tells me this upcoming year will not be ending well…..
@Surftrader123
@Surftrader123 11 сағат бұрын
👍👍👍
@JSniderDebunkedgoldspansubstak
@JSniderDebunkedgoldspansubstak 13 сағат бұрын
Jeff "When People Call Me Out on My False Information, I Block Them" Snider. Debunked.
@josephwurzer4366
@josephwurzer4366 10 сағат бұрын
Government Jobs!
@ninja_ape
@ninja_ape 8 сағат бұрын
Most people keeping their jobs 😅😅
@UCVibes
@UCVibes 9 сағат бұрын
Donald Trump is what changed.
@CrazyDJVEVO
@CrazyDJVEVO 12 сағат бұрын
Blah blah blah
@paulwright3465
@paulwright3465 13 сағат бұрын
If you need work, make a you tube channel. Ps Be Bearish 🐻!!
@PHenry-wn3li
@PHenry-wn3li 13 сағат бұрын
Sell real estate and you'll be able to own a nice condo in the city and a new Cadillac Escalade.
@oSnapMillerTime
@oSnapMillerTime 14 сағат бұрын
Hiring is always slow at the end of year
@niko-qi1oi
@niko-qi1oi 11 сағат бұрын
during holiday season?
@woodym2
@woodym2 3 сағат бұрын
Don't dye your hair, Dude.
@YaoAnne-j7g
@YaoAnne-j7g 13 сағат бұрын
!I am at the beginning of my "investment journey", planning to put 185K into dividend stocks so that I will be making up to 30% per year in dividend returns. any good stock recommendation on great performing stocks or Crypto will be appreciated.
@OdessaYeva
@OdessaYeva 13 сағат бұрын
As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
@YevaSonia
@YevaSonia 13 сағат бұрын
I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..
@OdessaYeva
@OdessaYeva 13 сағат бұрын
I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.
@YevaSonia
@YevaSonia 13 сағат бұрын
Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.
@YaoAnne-j7g
@YaoAnne-j7g 13 сағат бұрын
how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?
@tomschulz4788
@tomschulz4788 10 сағат бұрын
The jolts job opening is very high. Why are you always wrong 😂 Going with your advise would be gone wrong 😂
@gebsus
@gebsus 9 сағат бұрын
🤣
@Kittenkattan
@Kittenkattan 9 сағат бұрын
Get a haircut
@Doug-tc2px
@Doug-tc2px 10 сағат бұрын
Funny how the world is going to crap yet RXI is at all time highs
@tradermunky1998
@tradermunky1998 7 сағат бұрын
I always wanted to know what it was like to trade the 1929 market 🎉
@Vpmotage
@Vpmotage 14 сағат бұрын
I've been looking into cryptocurrency investments, but I'm still unsure about the best and safest way to go about it. Any advice or insights you could share?
@PeterYork85
@PeterYork85 14 сағат бұрын
There's potential in crypto, but you should be cautious. I recommend getting a financial advisor who can help you with entry and exit points.
@PeterYork85
@PeterYork85 14 сағат бұрын
Remember, Forex trading has risks, but following these tips can help you make better decisions and avoid losses!
@jppaku422
@jppaku422 14 сағат бұрын
Youre wanting to get into cryptos at the top? A fool and his money are easily parted.
@Vpmotage
@Vpmotage 14 сағат бұрын
I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?
@PeterYork85
@PeterYork85 14 сағат бұрын
I will mention and recommend Ms Rinearson Coley.
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