Will This Recession See Massive Layoffs?

From red-hot inflation to a strong jobs market, and all the negative gross domestic product in between, economists are divided on the health of the U.S. economy. A top concern for Americans: Are there layoffs on the horizon? Economists break down the data and economic indicator complexities brought upon by the Covid pandemic and the war in Europe.
More corporate leaders are anticipating a recession, according to a survey from Stifel.
Big companies are already announcing layoffs, including Best Buy, Ford Motor, HBO Max, Peloton, Shopify, Walmart and Wayfair.
Meanwhile, a survey from PwC shows 50% of firms expect to reduce their labor forces in the next six to 12 months.
This comes at a time when the labor market could hardly appear stronger. In July 2022, there were 11.2 million job openings, revealing a shortage of workers for available positions.
"I think it's very important to look at the number of job openings," Julia Pollak, chief economist at ZipRecruiter, told CNBC. "The question is how steeply they will fall, how sharply they will fall, if they go back to 7 million [job openings], the level before the pandemic."
Not to mention, the labor market is facing off against the "Great Resignation." In July, 6.4 million people got new jobs, while another 4.2 million quit jobs.
"The Federal Reserve is raising interest rates at this point in an effort to slow down the job market, and that's going to mean more layoffs," Zandi said.
Federal Reserve Chairman Jerome Powell said it will be a challenge "to return to an environment of stable prices without sacrificing the economic gains of the past two years" during a question-and-answer session at the Cato Institute, a Washington, D.C.-based think tank, earlier this month.
Watch the video above to learn more about how the U.S. defines a recessionary period in the economy, what common economic indicators are revealing and what may happen next in the labor market.
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Will This Recession See Massive Layoffs?

[@elvismark5172]

Inflation is far more harmful to individuals than a collapsing stock or property market because it directly affects people's cost of living, which they immediately feel. It is not surprising that the current market sentiment is extremely pessimistic. In today's economy, assistance is critical if we are to survive.

[@thomaslewis514]

The key to large returns is not big moving stochastics. Controlling risk in proportion to reward is involved. Putting on the appropriate size and rotating your edge as often as necessary to accomplish your goal. It holds true for both long-term investments and day trading.

[@alexanderjames3043]

One of the primary reasons I utilize a portfolio coach to oversee my daily investing decisions is that their whole skill set is centered on trading long and short at the same time, utilizing profit-oriented techniques and minimizing risk as a hedge against unforeseen events.

[@waynestones]

@@alexanderjames3043 Due to the significant falls, I need advice on how to rebuild my portfolio and develop more successful tactics. Where can I find this teacher?

[@alexanderjames3043]

@@waynestones Yeah, I have total faith in a financial advisor who is certified by the US SEC. In fact, I'm not sure whether I'm allowed to disclose this, but I'd suggest checking up "sharon lee casey" because she was a huge issue in 2020. She is my mentor in addition to managing my investments.

[@robbyarch4346]

@@alexanderjames3043 She has excellent credentials and an outstanding occupation. Hence, I swiftly copied Sharon's whole name and typed it into my browser. I'm curious to discover why she is so busy, and despite the fact that she has unquestionably good credentials, I nevertheless schedule a meeting with her.

[@andrewlogan7737]

As I would see it, the go to solution for climate this downturn and high expansion is momentary exchanging, rather than long haul exchanging, most people utilizing these methods are netting a lot of gains, sure the dangers are higher yet once more isn't the ongoing business sector similarly as unsafe?

[@valorielogan]

For surviving the current recession and high inflation, I think short-term trading is better than long-term trading. Despite the higher risks involved, isn't the current market also risky? Most persons who employ these techniques have considerable financial success.

[@mikeharry96]

@benjaminsteel1366 I discovered Julie's website after carefully searching for her online and reading positive comments about her background in business. Thanks

[@bobbymainz1160]

Things aren’t looking good stock market, banking system and transportation industry , a number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 60, I would appreciate any advice on potential investments.

[@ArthurLedgeeer]

There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

[@JaykeTurner]

I've been in touch with a financial advisor ever since I started my business. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders.

[@NathanCalebs]

@@JaykeTurner Could you possibly recommend a trustworthy advisor you've consulted with?

[@JaykeTurner]

@@NathanCalebs My advisor is Heather Ann Christensen, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@AngelsEyes-ny1pc]

@@JaykeTurner thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé

[@davidnewbury1721]

No worries for me, I don't try to time the market. When I see that stock drops below its fair value with some margin of safety - I buy. Past 2-3 months have been huge shopping spree for me. I've got literally like 2000$ left of investing cash. Probably I will miss some occasions in the future months, but who cares as long as I got value?

[@sheliaswelttk2535]

You also have to look at the balance of your portfolio too. Not be over invested in one stock, I have made that mistake too but I fluked a good result! Never again, but I have a much bigger pot now.

[@williamskohler8337]

@@sheliaswelttk2535 Agreed i like this mentality. You can never time the bottom but if you're getting good value, take it and in the long term you'll be rewarded :) . Personally I’m always invested because the financial-market for me seem the only way forward with my long time horizon (accrued ROI of over $200k since 2020 )but if you don’t have that fortune of time it’s a tough market out there almost nowhere feels safe!

[@gabriellewilson5625]

@@williamskohler8337 You inspire me, I've only just started over the last couple of months. I've been doing plenty of research. In fact I'm really enjoying the aspect of learning and researching. $200k is a milestone, what’s your approach?

[@williamskohler8337]

@@gabriellewilson5625 No doubt, the stock market is definitely the most awkward teenager with the wildest mood swings! I began with a skillset by name Tracy Helene Aalvik . Her approach is transparent allowing total ownership and control over my position and fees are very reasonable in comparison with my ROI.

[@checkforme234]

With all this scary news making the headlines, is this really a good time to buy stocks? I know everyone says the mrkt is ripe enough for buying but will stocks tank further this year? How long until a full stock recovery? How are other people in this mrkt raking in over $250k gains within months, I'm really just confused at this point.

[@kimyoung8414]

It all depends on how long you're willing to hold for, stocks might likely tank further, but making serious gains in this downtrend wouldn't be a problem if you're a pro

[@erichkraetz2622]

@@kimyoung8414 I got into a bit of dilemma myself due to this chaotic mrkt, wasn't sure if to sell or just wait a little longer, 75% of my portfolo was tanking and in the red, but I began gaiinng clarity and have more confidence in my invt. through an lnvt-advlser, I know most DlY-lnvestor like me would say advlsors aren't essential, but come to think of it, they're better trained and equipped at this and if I have to give just a little amountin fees for me to be able to net $650K in less than 8months like I did this year, I truely don't mind.

[@alexyoung3126]

​@@erichkraetz2622 Omg you made 650k this year? Who is this coach that guides you?

[@erichkraetz2622]

@@alexyoung3126 Ingrid Cecilia Raad is the coach that guides, you probably might've come across her before, she's quite known in her field, search her

[@alexyoung3126]

@@erichkraetz2622 I did check her out, I see why she's booked up, her creds/resumé is topnotch. I booked a consultation with her regardless.

[@anthonymilner1088]

Today's inflation is a result of corporate avarice, not only problems with the supply chain. We know that the money obtained by the higher prices isn't being transmitted along the supply chain since businesses are reporting record profits. More pricing result in increased revenue for businesses, which stays with them and goes into their pockets. We can rule out supply-related inflation because of this. If your stocks are extremely weak, now is an excellent opportunity to take a battered 401k and convert it to a Roth. Then, your Roth will be tax-free, and you will just have to pay taxes on the substantially reduced current values.

[@stevenbergwin5074]

Precisely! The current scenario should be our primary concern; many people are making millions from the downturn in the market, but this kind of information isn't reported in the press

[@aigajenkinson2495]

@@stevenbergwin5074 Well, the best professionals have access to exclusive data and information that is not made available to the general public. Knowing the tactics to employ at this time is one thing; having the knowledge necessary to put them into successful practice is quite another.

[@veniceblackwood2931]

@Brett Atkinson that's heavy! keep it up, I could really use the expertise of these advisrs, my port-folio has been down bad....whose the person guiding you

[@veniceblackwood2931]

@Brett Atkinson Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

[@philipanderson5839]

A recession (if at all it happens) will likely make the US economy to crash. But for stockholders, a recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time

[@amirbrooks6530]

@Brett Atkinson On the contrary, even if you’re not skilled, it is still possible to hire one. I am a project manager and my personal port-folio took a big hit in April due to the crash. I quickly got in touch with a brokerage-adviser that devised a proactive strategy to protect and profit from my portfolio this red season. I’ve made over $450k since then.

[@amirbrooks6530]

@Rich Szabo Stephanie Priscilla Bonillo is the analyst/investment-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look up her name on the net for her page and reach out. Understands the job perfectly

[@erichkraetz2622]

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

[@alexyoung3126]

True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns

[@joesphcu8975]

It's true... It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest

[@lawerencemiller9720]

@@alexyoung3126 Search and connect with Ingrid Cecilia Raad . She’s a verified CFP and she helped me see that returns can be made in both bull and bear markets. She covers things like investing, insurance, making sure retirement is well funded and looking at ways to have a volatility buffer for investment risk, lots of things like that.

[@alexyoung3126]

@@lawerencemiller9720 I searched for Ingrid by her full name and she seems quite trustworthy and knowledgeable. She is a fiduciary acting in the interest of the individual. So I left a message on her site, I hope she will answer soon.

[@zoeytank2921]

Our time had reached its zenith, and it is now over. Everything, including 401Ks, are suffering from the recession and crashes. My $750K retirement equity portfolio is losing money. Because of inflation, I keep losing. Similar to how Rome fell under its despotic emperors, this world will also. I apologize if you are considering retirement but are concerned that your pension won't cover the rising expense of living. There are terrible foreign policies worldwide, as well as disastrous regulatory, fiscal, and energy policies.

[@graceocean8323]

I'm very worried about the future and where we're all heading, especially in terms of money and how to get by. I'm considering making my first investment in the stock market, but how can I do so given that the market has been in a mess for the majority of the year?

[@tampabayrodeo2474]

After the pandemic, things became extremely difficult, which is precisely when I sought an Investment Advisor. I've been investing on my own under her tutelage for nearly 3 years and have built up a stagnant reserve of $280K to $570K in just over 24 months.

[@mcginnnavraj4201]

Being new to this, I've heard that the present moment is a great time to purchase. I would really like to use the money I have sitting in my bank account, though. Would you kindly tell me whom the woman is that is guiding you?

[@tampabayrodeo2474]

I'd learnt my own fair share of lessons before I contacted a US-based Investment Advisor by name Johanna Mussche and everything changed. Just this last quarter of the year i made $90k and counting.

[@hannahdonald9071]

This is great thanks. Could use the suggestion a lot. Looked up Johanna Mussche, I wrote to her and explained my financial objectives.

[@oneiljerry9460]

As an elder millennial, one of the few advantages is having lived through the Great Recession. My advice. Reduce unnecessary expenses, increase your savings by investing in financial markets and do not sell. One thing I know for sure is that diversifying your income can help insulate you from much of the craziness going on in the world.

[@bobbymainz1160]

True..... I'm thinking of investing in stocks or digital assets to grow my money for the first time, but I lack the in-depth knowledge and mental toughness to deal with these recurring market conditions. please any advice or pointer on how to outperform the market producing good returns

[@joesphcu8975]

It's true... It just takes a good mindset and nerves of steel. I was deeply invested in 2017/2018 in a well-diversified portfolio of stocks and digital assets that grew 4x with capitalization, venturing is not necessarily just about funds but also to be well informed. It's a long term plan for me so I invest and reinvest

[@lawerencemiller9720]

@@bobbymainz1160 I see any market condition as an opportunity. So far I've made north of $260k in raw profits from just Q3 of 2022 under the guidance of my Financial-Advisor "Eileen Ruth Sparks ". Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out.

[@stephaniestella213]

@@lawerencemiller9720 Please can you leave the info of your investment analyst here? I overheard someone talking about how a couple made $200k during this red season. I need such luck lol

[@lawerencemiller9720]

@@stephaniestella213 just look her up online to get in touch with her, her details are provided online.

[@sebastianspiegler5801]

Here's how much Americans have saved at every age: Source: Vanguard's "How America Saves Report 2022". According to this, the median amount that people 65 and older have saved for retirement is $87,700. Which means if they live to be 85, they will be living on $4,385. I don't know about you but I'll need more than that.

[@liambracey6708]

It's scary how true this message is. what steps can we take to generate more income during quantitative tightening. Also, on the contrary, how can we profit in times of quantitative easing? Where should we put our investment money now to better prepare for the future and a liquidity crisis?

[@mialangley2388]

@@liambracey6708 Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet

[@richardsoncuthel810]

@@mialangley2388 I agree. Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named KATHERINE DUFFY BURKE , I've raised over $63Ok from an initially stagnant savings of $8Ok all within 16months

[@aubreymcgovern9467]

@@richardsoncuthel810 How can I reach out to Katherine , what are her services like do you think she can help me i have about $98k?

[@richardsoncuthel810]

@@aubreymcgovern9467 Katherine covers things like investing, insurance, ensuring retirement is well funded, reviewing tax benefits and ways to have a volatility buffer for investment risk. many things like that. Just look up her full name on the internet. She’s renowned, so it shouldn't be difficult to find her official webpage.

[@isaiahsaldivar2379]

The rich keeps getting richer and the poor keeps getting poorer, please tell us how to use this recession to make gains! grew my reserve of $110k to over half-a-million dollars between Dec. 2017 and Aug.2018, but the market is different now

[@hillaryflinch2334]

That’s right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Invest-ment planner if you want to take advantage of it.

[@lathamwilfred1181]

. Limit your spending/cut off retail therapy 2.Put the extra cash towards investing in high yielding or steady investment. 3. Get a financial coach/mentor to guide through your investing goal. These might look simple but they require good amount of willpower, but through mentorship, I've been able to consistently grow my portfolio to $800K and I'm looking forward to retiring at 50 as well and I only wish I started up early. Goodluck

[@cylondon8374]

@@lathamwilfred1181 I will be retiring in two years and I have a goal of doing that with $1M. How can I reach out to your guide?

[@lathamwilfred1181]

@@cylondon8374 I am being guided by “Dawn Marie Gatti” who I found on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care supervision.

[@kathiewest5842]

@@lathamwilfred1181 Thank you for this Pointer. It was easy to find your handler on the web, She seems very proficient and flexible. I left her a message explaining my Fin-market goals.

[@youtubelearning2990]

People are getting smart and going back to the old ways. They’re learning to live with less and discovering the things that truly make a person happy in life. Those things being free.

[@gregorysagegreene]

Yes, I would truly interpret that as the prime and broad reason for The Great Participation Plummet. - either "smart", or desperate or given up hope altogether.

[@adamjankowski4315]

😆 ok dreamer

[@sanbruno6010]

PEACE PROSPERITY LOVE ONE ANOTHER HUMANITY UNITED HONESTY GOOD HEALTH FREE THINKING OPTIMISM

[@zuck9090]

Yeah right. No dude, thats not whats happening. This isnt a good thing at all. The economy is crashing, people with high skills will take lower end jobs to SURVIVE

[@timothyandrews3443]

This a great video, I learn alot watching your videos and it has been helpful to me. building a steady income is quite difficult for newbies. Thanks to Mrs Leerah Hughs for improving my portfolio, keep up with good videos

[@janelucas4890]

I’m surprised you know her too. I’ve been making alot of profits investing with her for a few months now.

[@clintonmichaelson697]

Mrs Leerah Hughs changed my life because of the huge profits I got from investing with her.

[@christabelbillings3836]

I’m new at this, how can I reach your broker?

[@harryrichards4226]

I was skeptical at first until I decided to try. It’s huge returns is awesome! I can’t say much.

[@timothyandrews3443]

you can communicate with her on TELEGRAM with the username below.

[@roseroland1998]

The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than €25,000 a year. My primary concern is how to grow my reserve of €300k which has been sitting duck since forever with zero to no gains.

[@louisairvin3052]

Find a means to gain off the present market condition, we seem to be moving same direction as Venezuela and that wont be good for anybody

[@lisaollie4594]

It's scary how true this message is. What steps can we take to generate more income during quantitative tightening? Also, on the contrary, how can we profit in times of quantitative easing? Where should we put our investment money now to better prepare for the future and a liquidity crisis?

[@mesutserim1595]

Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S. economy as fear of inflation hammers the prices of stock;s and bonds. My portfoliio of $250k is down to $192k any recommendation;s to scale up my return;s during this crash will be highly appreciated.

[@joshspring7686]

You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.

[@chrisbluebird5037]

@@joshspring7686 I agree, my prof!t have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long stry shot, its been two years now and I’ve gained over $85ok following guidance from my investmnt adviser.

[@pigsbark4173]

@@chrisbluebird5037 that's impressive!, I could really use the expertise of this advisors , my portfolio has been down bad....who’s the person guiding you?

[@chrisbluebird5037]

@@pigsbark4173 The advisor I use is Wendy Helene Bennett, she's verifiable.

[@miawhitlock9140]

@@chrisbluebird5037 I just looked up Wendy Helene Bennett online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

[@jacob4811]

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference with Sam Deymon guideline.

[@lynnmckenney1987]

"We have twice the number of low paying, no insurance, part time job openings as we have workers looking for full time jobs that pay well and offer health insurance." *Fixed it for you!*

[@ricin82]

Nailed it

[@frankgrabasse4642]

We have twice the number of low paying, no insurance, part time job openings as we have workers looking for full time jobs that pay well and offer health insurance and We have 3x the number of low paying, no insurance, full time temp job openings as we have workers looking for full time jobs that pay well and offer health insurance."

[@yimcu5169]

thank you. can you be our president

[@thanosianthemadtitanic]

Thank you Jesus someone sees throught this Bullshi*. Also the so called "new jobs" that are up now are usually just people going back to the office they where let go from during the pandemic. So it artificially inflates the number.

[@joshuajackson7050]

Facts, that no one wants, are they good jobs is the key. I have gotten to the point where I just do what I can do, the bare minimum no more no less, and try to save money, and keep my eyes open just incase for something else. Americans have awakened and relised we are expendable and just a number and aren't worth the stress, for a job that can fire you for little or no reason, while they are racking up millions and billions. If you die tomorrow your position will be in the newspaper or online for someone else.

[@Tential1]

Job openings doesn't mean people actually HAVE to fill those roles. Companies have job openings for years... The way this data is calculated is borderline demented.

[@sp123]

They need a certain amount of openings to justify immigration

[@adammorra3813]

I agree with yoy

[@alsaraa2724]

❤

[@adammorra3813]

@@alsaraa2724 you shut out what your afraid of

[@yimcu5169]

is alarming how they talk to us, like we are still stupid stuck in the 80s, lady said low wage workers are better off with better salaries, there is an inflation lady, minimum wont cover

[@jennifertarin4707]

I would say that at least half of those job openings are jobs that pay minimum wage or slightly above, are part time, temporary or contract positions. I see very few jobs (even in big cities like LA and NYC) that pay $20/hour or more for a mid-level job.

[@justinokraski3796]

$20/hr is like the bare minimum too

[@baldeagle4710]

@Robert Dixon in what way is crypto profitable? Bitcoin and dogecoin are down 80%. I feel sorry for anyone who invested in them

[@bermie282]

@@baldeagle4710 Ya isn't the crypto market like down a couple billion? Lol

[@valeriadelrio-rodriguez4953]

Very true

[@Iquey]

@@baldeagle4710 I do not. It ran up nicely in 2020 till about spring of 2021. Still happy I sold my small amount of Bitcoin to donate to snow blizzard relief for Texans, despite disliking Texas's politics, I still feel bad when people suffer and are neglected by their senators and end up at the mercy of unregulated electric companies.

[@zdenek3010]

Half of the video: "We don't have a recession." Title: "Will this recession...?"

[@hobsdigree2]

There is a recession, no matter how they try to spin it. I work with a sourcing team for raw materials and with inflation and energy cost at all time highs, there are lots of lay offs happening. Look up manufacturering sites closing down.

[@sanbruno6010]

PEACE PROSPERITY LOVE ONE ANOTHER HUMANITY UNITED HONESTY GOOD HEALTH FREE THINKING OPTIMISM

[@velavanlaack9134]

It’s all low paying job no one wants

[@dannylengyel5830]

No. There are high paying jobs available that next to no one is qualified for. The job requirements in these ads are ridiculous and unrealistic.

[@KingUnKaged]

Most people working full time these days are still broke, I can only imagine how much worse things will get when they lose their jobs as well...

[@tycooperaow]

Get ready for depression

[@goozebump]

How dare they don't eat cans of beans and bread everyday until retirement. They should have thought about it

[@seanthe100]

@Collen Flarity right, most people are broke because of personal choices. I used to be broke waiting on my check, but then I realized I was traveling Way to much blowing through money, now I'm able to save a good amount and I don't make a ton of money.

[@cable30]

Everyone got a different lifestyle and so if u can travel then cool but if not then find ways u can save and still be happy.

[@jacobnapkins1155]

@@seanthe100 most bankruptcys are from medical debt that's not a choice for many people

[@FinancialShinanigan]

How many of those job openings pay a liveable wage?

[@JonathanRLStein]

I can account for 1.

[@cheezeball6109]

None....all minimum wagie mart style jobs which do not support rent, let alone anything else

[@adr3naline23]

1 out of 100

[@bucktooth002]

%6

[@lillianmurphy3937]

Stop wasting your money on useless stuff

[@asheharris6642]

Cuts, yeah cutting jobs. Not cutting CEO pay. More money would be saved by cutting executive bonuses than by firing people.

[@BiggoSuave]

exactly and that's the game.

[@bullpup1337]

They need to lay off people so unemployment rises and they can push down salaries. If the workers get too strong, that is bad for business. Of course they need to have the illusion that everything is fine, so they keep spending. That is still important!

[@BiggoSuave]

@@bullpup1337 and don’t forget stock buy backs to inflate the value of the company when they get subsidized or get govt stimulus.

[@bullpup1337]

@@BiggoSuave I thought buybacks are meant to increase the value of manager stock options on the back of the shareholders. But might play a role, too.

[@BiggoSuave]

@@bullpup1337 could be too, the main point is they’ll never use it to retain employees when sh!t hits the fan.

[@alexander15551]

The recession denial is unreal

[@jtgd]

We’re practically already in one. The effects just aren’t as significant and sudden as we expected

[@brianoleson9224]

@@jtgd how could we not be a recession when home prices have declined already in the last 3 months deeper then in any recession 1940-2000 and it will probably decline a bit more at the very least but right now we are already in #3 spot in the last 90 years of home declines 1929 is #2 and #1 is 2008 so you tell me?

[@konigstiger3252]

It is a gas lighting to help Joke Biden

[@SpecHund]

They're trying a jedi mind trick this time. They learned the hard way that the very news that we're in a recession makes it worse. They're hoping that by dragging it out and denying, the economy takes a smaller beating and they exit the recession by the time most ppl start catching on. But honestly the odds of that are not high.

[@prestonbell7314]

This is how they do it. If they said we are in a recession, people would start acting like it, which would make things worse. By saying we aren't, lots of people continue their day to day as normal. Economists are trying to preserve confidence, and it may seem like a lie, but it's for the good of the people who rely on the economy...everyone. Behavioral economics' best practice is all it is.

[@IReapZz95]

whats the point of people having jobs if they don't make enough to keep up with inflation?

[@kaseyc5078]

Remember back when economy was booming under Trump?

[@IReapZz95]

@@kaseyc5078 yeah that man had a lot of great things but I honestly couldn't deal with the feeling of having a nuclear any day he didn't like a tweet

[@AlexInF1]

@@kaseyc5078 that never happened so no I can’t recall

[@chocoboqueen5498]

@@kaseyc5078 Economy was headed for recession under end of Trump's term, before COVID blew up. Stimulus prolonged the pain. This is just catch up and double whammy.

[@cameronf3343]

@@kaseyc5078 No. But it was Trump’s presidency which permitted going to 0% interest rates and huge money printing, which got us in this mess.

[@adrianiglesias3428]

The job market is the last aspect of the economy to notice a recession; these people think we are stupid.

[@IllusiveDude]

That's because you are! society as a whole is pretty stupid

[@tycooperaow]

Facts

[@jtgd]

Source?

[@adrianiglesias3428]

@@jtgd literally the last 5 recessions and my phd in economics

[@williamcase426]

@@adrianiglesias3428 your Post Hole Digger?

[@anastacioiii4047]

If you’re working 40 hours a week and still have to resort to credit cards to help pay your bills, you should be mad. You are a slave.

[@vydg9400]

American dream:

[@Tennischamp10]

Yep - people either need to move/adjust lifestyle or invest in themselves and learn a new skill

[@EmpireBosscali]

True

[@tycooperaow]

Considering my friend just got laid off from his 8 year job at microsoft 🤷‍♂️ yeah layoffs are coming

[@manygatos885]

My bet is he wasn’t working for the Xbox Division because they still need folks

[@paulblichmann2791]

Tech companies be like that...they prefer fresh blood.

[@JBoy340a]

Tech companies routinely let a certain percentage of people go. They want the highest, most dedicated performers only. So if you do an OK job, but not outstanding or not dedicated enough (work weekends, etc), you are gone eventually.

[@ericad8412]

Geez

[@jsanchez8855]

I used to work at Amazon. They aim to let go of 3% of people per year in order to get fresh, cheaper blood, and make everyone compete hard to make the cut. The people who have been there longest are most likely to be let go.

[@ThePeterDislikeShow]

I think more and more people are caring less about money and more about their overall wellness and hence we might have a "financial recession" but a "personal wellbeing boom".

[@adamjankowski4315]

😆... you are kidding right

[@ShanePodClips]

Our personal wellbeing is important but we must be ready to make the sacrifices of our greedy, entertainment driven lifestyle. We can only "play hard" for so long without working in our economy.

[@ThePeterDislikeShow]

@@ShanePodClips Um, it's more like play simple than play hard.

[@ShanePodClips]

@@ThePeterDislikeShow that's exactly what I meant. So what kind of simplified activities would you do?

[@ThePeterDislikeShow]

@@ShanePodClips moved out of the big city. I was in Wallace Idaho for some time.

[@DogeMultiverse]

Job openings are rising because no employee is willing to put up with the low wages. If the greedy employers don't pay a decent wage, these job openings will only increase with no one to fill them.

[@katiestans2824]

They have plenty of immigrants if they need workers. I am sure temporary work visas will be going out soon. That’s usually what happens.

[@vydg9400]

Buddy do you live in some kind of fantasy. If you don't do it, someone else will.

[@viciousonthetrack]

It's sad when you can't enjoy life because you're constantly worried about work

[@jeangraceNpeace6767]

and healthcare insurance

[@anastacioiii4047]

Get mad, do something. They’re turning you into a slave.

[@oscarp2629]

What kind of job opening??? Low wage jobs.

[@noahboy6349]

Most big corporations are heartless and usually does massive layoffs during the holiday season.

[@AlexInF1]

During holidays? I would think it’d be after the holidays because it’s always the busiest

[@jeremyjackson8196]

There's no reason for them to layoff. The economy is doing better then ever.

[@blipblop92]

Employees are also heartless 🤣

[@jeremyjackson8196]

@Disgruntled what?

[@krayziejerry]

No it's not

[@kgpz100]

This is a depression. The oligarchs don't care about you or me. But keep voting Democrat and Republican like they're at all different!

[@cameronb3834]

No party preference is the way to go nowadays, both parties have positive and negative aspects about them.

[@tycooperaow]

@@cameronb3834 Facts

[@shasmi93]

It’s ok my state decriminalized psychedelics. I have been using psychedelics and spending as much of my life in nature and as our ancestors did. I don’t wanna play in this dumb late stage capitalism system anymore anyway. Good luck out there folks that still wanna play the game. The 1% will never give you anything and will gate keep until they destroy the planet.

[@IamCandiceKC]

Just because there are double the job openings to job seekers, does not mean those job seekers are all getting hired or getting roles they want. It could just be a sign of a very big mismatch in skillsets, expectations and other key factors between current employers and job seekers.

[@999Patriots]

Very true. Medical recruiters are the worst at this. They cold call tons of nurses and physicians telling them of all the open jobs they have. Please apply now@!! All fake. They are just data collecting tons of info about people for jobs that don't exist. They then turn around sell that info to other companies for a profit.

[@amanawolf9166]

Bingo. When the 2007/2008 crisis hit, there were jobs out there with lots of issues. They wanted people that had high-end degrees, loads of experience, and didn't want to pay them squat. Those jobs are horrible. I'm talking wanting someone who has high-end BS/MS degree, like 5yrs experience, and pay them like $13 to $14 an hour type of crap. The work it entails mind you, it could be done by someone with a HS diploma. It disgusts me. We're going right back to the horrors of 2007/2008. The first issues happened in 2007 with rumblings, tremors, etc..., and then the mother of all bombs dropped when the crap hit the fan in 2008. People who hoped to retire were screwed, hopefuls out of HS/College/University looking for jobs were screwed, it screwed over a lot of people. What concerns me is that history repeats itself with what's happening now feeling like it'll get far, FAR worse. Some of it reminds me of the old adage you need experience to get the job, yet you need the job to get the experience. It's just a vicious cycle. When you throw a degree into the mix, you further compound the problem. To be fair, yes, you don't want your doctor having an AS from a 2yr CC. On the flipside of the coin, you don't need someone with Masters to do work that can be done by someone with an AA/AS or has a HS diploma working towards a BS.

[@fyodorberkovich8247]

Nobody wants to work these poverty-ass jobs anymore.

[@Nirobiscloset10]

I have never had this much trouble finding a job ...

[@reubenmorris487]

@@fyodorberkovich8247 Nobody's stating what kind of jobs are available or how much they pay.

[@sgt.enriqueserrano2177]

Investing done right in crypto has changed my perspective on how one can succeed in life. I've been able to clear my debt and go on to have surplus to take care of my family. Working multiple jobs for money isn't the optimal way to attain financial freedom. Unfortunately, we find this out later in life. Great video.

[@loretagurakuqi6950]

That's right! Downturns provide plenty of opportunities for regular people to build wealth from the scratch. However, you may need to get some professional advice from an Investment planner if you need an aggressive return.

[@patsnew8422]

@Bryan I need to get started ++

[@Benjaminmac]

Don’t wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@nawakaida7499]

I would like to see the job opening numbers for jobs that pay above $30/hr. It doesn’t matter if we have a million job openings if they only pay minimum wage which isn’t a livable wage. Perhaps there’s more job opening than there are job seekers because those jobs guarantee you poverty + giving up your life with absolutely nothing to show for it other than making the rich richer while you struggle every single day for the very basics to survive. Who the hell would sign up for that? You are literally so much better off living off the government or even unemployed and living in an RV. You get everything free and can spend your time with your family. Gee I wonder why the homeless population is so high and they’re not interested in getting “back on their feet”. Just a thought.

[@nawakaida7499]

Are people really completely unaware of companies posting job openings with no intention of actually filling them? Or posting a full time job but then only offering 15 hours per week when you get hired? How about technically having 25 employees but 8 of them only work periodically as needed? How about all the job openings that are only for temporary short term work, part time, as needed, or that offer only very low pay and little to no basic benefits? Are all those still considered to be “healthy job numbers”? The job numbers are full of holes and not accurate at all.

[@dorincrs3031]

A recession is two consecutive quarters negative growth. What are they talking about!? :))

[@anuragchakraborty8766]

It's called propaganda Dorin.

[@GarrickPinon]

I want to see the “job openings” adjusted for anything under a livable wage and reduced by “commission only” openings …. I have some doubts about the methodology of these stats

[@tycooperaow]

Someone should have a filtered list to adjust for these key terms!

[@john_doe_not_found]

11 million unfilled jobs means 95% of them are garbage nobody wants. The remaining 5% are good jobs and they are not left empty for long. Pay a living wage and there won't be very many job vacancies.

[@SaraCausey1]

100% agree. The economy is a lot less "confusing" when you factor out the supposed hot labor market.

[@jamisonmunn9215]

Lets not forget about the scam jobs that are just stealing applicants data. Many are even asking for SSNs and stealing identities.

[@dagnabbitwabbit]

You can come work in waste water treatment, or some other civil servant jobs that pay modestly and have benefits. But youbhave to do bust ass work and as someone in the feild of work I can tell you, most America don't have a bust ass work ethic. A la: quiet quitting.

[@pw8297]

Recession started 4 months ago. Collapse happened last 2006 and didn't admit until 2008 and didn't feel it till 2010.

[@TravelingPumpkinWitch]

Yep I remember my mom, aunt and uncle were all forced to early retirement Ameritech in 2006/2007 and next thing I know my brothers were laid off end of 2007 and that’s when the boom hit

[@brianvieira157]

Exactly these "experts" don't know anything you literally laid it out perfectly and your just a random person commenting they think they know what's going on but they don't

[@mikloridden8276]

So would you say this thing won’t hit until 2 years later? That would be enough time to strap up if so.

[@E_Designs]

This video is a classic example of cherry-picking statistics to defend a lie. It repeatedly references the unemployment rate while completely ignoring the record low labor force participation rate. It's currently at just 62%. That means that 38% of eligible workers aren't employed or seeking a job and, thus, not included in the unemployment rate. Context is everything in statistics and this video is a sham.

[@user-ic1ii7ky8p]

Big wage increases?! 😂 Where’s mine? I’m still living paycheck to paycheck. Something HAS to change soon, for “low wage” workers. Rent is disgustingly high. I will be homeless if my rent goes up again. The fact that I work full-time and can’t afford a tiny studio apartment is ridiculous. We’re not asking for much. We just want our wages to keep up with the rising cost of living

[@scyntheachannel]

It's honestly ridiculous. Alot of this is happening because rich people keep buying up all the affordable homes and sitting on them or reselling them for more. They need a limit to how many houses one can own. If you have 100+ houses in the same area it is just ridiculous at that point.

[@SisterSanMiguel]

What sort of work do you do?

[@vydg9400]

But America is the best country in the world right?

[@Tennischamp10]

Move to a more affordable location or go learn another skill that adds more value. Everyone including you wants handouts

[@Brisket9392]

Unfortunately all business profits are down as well as product and service prices can't keep up with rising costs of COGS. I agree with you. But where does that money come from?

[@cryptoroseaz]

If a republican is president we are in a recession, Democrat, we need more data.

[@jnubianbeauty9389]

This is a result of a republican president. One normally see the result of a presidency after the president is out of office

[@dvoiceotruth]

R for recession, D for data.

[@kaseyc5078]

Dems just change the definitions to fit the agenda

[@adamg7339]

My wife's company just laid off 40+ people so yeah I think more are coming.

[@krayziejerry]

I lost my job, and my brother's company closed down, 200+ people company went outta business due to freight shortage.

[@chrispowell4251]

Pray for you and your family Adam, God will see your home through this. May better blessings come to you and yours.

[@krayziejerry]

@@chrispowell4251 I could use some prayers as well, unemployed still.

[@chrispowell4251]

@@krayziejerry mike, humility is an awesome thing. During this downtime spend time in the word, focus a little bit more on reading and listening to sound doctrine. God loves you very much and this will come to pass. I lost my job December 31, 2021 and treated not having a job like I had a job - I applied via indeed, glassdoor and LinkedIn from 9 to 4 or 5 some days. I applied to maybe 200 to 400 jobs and had many offers and calls. But settled on what I thought would bring peace into my life even with less money. I pray that God grant you your desires and that by this - God has another testimony of his goodness.

[@Blastedpanthose]

Yup. My husband just lost his job without warning and right before Christmas 😞 we also have a 2 year old daughter and his job was our main source of income.

[@seattlekarim964]

The job market is a lagging indicator. A crash is coming.

[@Anna-lt9jn]

Investing in forex and crypto trading has made a lot of young investor millionaires, taking the right direction and investing for the future has been my prior motive. started investing with a professional trade who helps me out' mr Jackson Williams.*

[@markjohnson1349]

You are right, to be a successful person in life require him or her of hard work and time

[@onwugharablessing8264]

Many of us don't know where to invest our money so we invest it on wrong place and to the wrong people

[@denisdavid342]

He helped me recovered all I've lost trading by myself and order planform

[@expertkanejames1857]

He has really made name for heself,

[@expertkanejames1857]

I'm not here to converse for him but to testify just for what I'm sure of, Mr Jackson Williams is the best trader I ever known,

[@mialangley2388]

The average person has never been so poor. Millions of families are struggling financially as living expenses hit the highest levels in more than four decades. Over 60% of our country lives paycheck to paycheck and about 40% earns poverty wages. Even after working all their lives, more than a quarter of older people have no savings and many believe they will never be able to retire in dignity, while around 55% of elderly people try to survive on an income of less than $25,000 a year

[@liambracey6708]

It's scary how true this message is. what steps can we take to generate more income during quantitative tightening. Also, on the contrary, how can we profit in times of quantitative easing? Where should we put our investment money now to better prepare for the future and a liquidity crisis?

[@taylorcoggan2054]

@@liambracey6708 Personally, I would say have a mentor. Not sure where you will get an experience one, but if your knowledge of the market is limited, it seems like a good bet

[@aubreymcgovern9467]

@@taylorcoggan2054 I agree. Having an investment advisor is the best way to go. Based on a direct encounter with a CFP named *Katherine Duffy Burke* , I can say with certainty that their skills are excellent. She helped raise over $580,000 in 18 months from an initially stagnant portfolio of $150,000.

[@sebastianspiegler5801]

@@aubreymcgovern9467 How can I count with Katherine, what are her services like, do you think she can help me, I have £58,000 ?

[@aubreymcgovern9467]

@@sebastianspiegler5801 Katherine covers things like investing, insurance, making sure retirement is well funded, going over tax benefits, ways to have a volatility buffer for investment risk. many things like that. Just take a look at her full name on the internet. She is well known and has many followers. So it shouldn't be hard her

[@dbrew2u]

We have already had 2 Negative Quarters in a row . And nothing has happened this quarter to signal that the economy will improve .

[@fauxque5057]

Exactly. I have been wondering how they plan on spinning this 3rd quarter. My best guess is they will claim that this was the first quarter and we'll have to wait for the next quarter to see. If they can get to Christmas they will be able to show some holiday sales, and temporary jobs and claim everything is normal, when it's just a typical holiday bump

[@ericad8412]

It's not looking good, I'm hoping it will pick up in the next few years but it might be bad for a good while

[@TheBlackcell10]

@@fauxque5057 Why are you so hungry for a recession? If you think things are bad, don’t need the government to tell you

[@fauxque5057]

@@TheBlackcell10 We're already in a recession. Changing the definition doesn't change the facts. We're close to the end of the 3rd quarter so we'll see just how bad it is, or isn't.

[@jacques-laurentj9488]

This is some five star gaslighting about the definition of recession

[@Martin-me5jy]

It was a very awesome transformation, No greater joy than seeing my progress trading with Sam Deymon.

[@larisakobaladze707]

I put a great effort investing with Mr Deymon and he turned my sad days to happy ones, Sam has been crediting me gradually and doesn't seems to stop me from smiling.

[@hugozamora5719]

So it's not true that I am paying 40% more for gas until the government says so!!!

[@Socratic199]

Always weird. Hearing the news talk about wage growth, and looking at my ever stagnant pay. I've worked in 7 different fields. From cook to roofer to mech/elec technician. I've not seen it. At all. Just the rising overhead.

[@estellacoggins715]

Wage raises are not keeping up with inflation.

[@TheRealE.B.]

Venture capital, the gig economy, MLMs, etc. are all resulting in larger-than-usual numbers of workers who are "employed" but who aren't producing the goods or services demanded by the market. This wreaks havoc on the supply chain. Employment is up, but productivity is down. You can't finish a project because your parts supplier can't source material in part because everyone's too busy giving each other rides to the airport (at a net financial loss) to add value to the economy.

[@tycooperaow]

This is an interesting take

[@michaelw.8331]

Don't forget how many people went the route of creating adult content online and how it got supercharged during the pandemic.

[@TheRealE.B.]

@@michaelw.8331 And the fact that so much of the digital economy is ad-based and therefore engagement-based, specifically designed to waste the time of millions of people (wtf am I doing posting this comment lol).

[@paulblichmann2791]

Productivity is down...sound bad but that is a GOOD THING. Because that means they gotta keep every worker at all costs, which means they gotta pay big wages.

[@jacobnapkins1155]

Self proclaimed "entrepreneurs"

[@JohnnyBlaze6954]

People hold 2-3 jobs just to get by. Most jobs are lower paying; under $30/HR

[@clevinraul7400]

He estado considerando comprar acciones de ETF/SCHD para la jubilación, he apartado $100 000, pero en algún momento, me acobardo tal vez porque soy un novato y no tengo idea de lo que estoy haciendo, por favor, realmente podría usa alguna pauta

[@lorihomer1721]

Puede comprar ETF de dividendos si no quiere entrar en acciones individuales. Mi favorito es SCHD. puedes usar un entrenador

[@clevinraul7400]

@@lorihomer1721 Un entrenador suena como una buena idea, pero ¿cómo puedo conseguir uno confiable teniendo en cuenta la naturaleza del mercado actual?

[@lorihomer1721]

@@clevinraul7400 Hay buenos nombres por ahí, gente que ha demostrado consistencia. Al igual que DOROTHY DONNA TAGLIENTE, actualmente es mi entrenadora. Busque el nombre, puede comunicarse con ella a través de su página de inicio.

[@clevinraul7400]

@@lorihomer1721 Lo acabo de hacer, sus estadísticas se ven realmente impresionantes. Espero que responda mi correo.

[@rosepetals765]

I’ve been searching and going to job interviews- still nothing. No good result 🤦‍♀️

[@dvoiceotruth]

you'll make it rosie.

[@irmaiz133]

@Rose Petals what kind of job have you been applying to?

[@killy374]

It's over.

[@viralwizard777]

Well i just got a new job i hope i dont get layoff in December 😢

[@tycooperaow]

Be as valuable as you can be

[@saulgoodman2018]

Yes it's coming.

[@JBoy340a]

Two things. First, I think the number of available jobs is being inflated. A lot of companies continue to advertise positions that they will fill someday, but they are in no hurry to fill today. Rather they are gathering resumes, perform screening, and adding people to a list of potential hires they might make sometime in the future. Second, the number of jobs openings versus people looking is a poor metric. Someone with a graduate degree is not likely looking for a job at the supermarket.

[@justinokraski3796]

I mean, I was an engineer a year ago and now I’m a janitor, making about half what I used to

[@DoveDaniels]

True

[@DoveDaniels]

I have a degree but got bankrupt running a salon due to covid and inflation so now I’m working 2 part time dunkin donut jobs so I can get out of bankruptcy and pay off my loans so I don’t lose the roof over my head

[@missmath7287]

@@DoveDaniels are u serious?

[@DoveDaniels]

@@missmath7287 I wish I wasn’t serious. Just finished a 6am to 8pm at two dunkin with a 30 minutes break 💯

[@vanzetti7]

‘Everything was going great until that Joe Biden came around and took my jerb.’

[@SableTwoSeven]

Lol damn gub'ment. Always interferin' with us workin' folk.

[@jacquie212]

If you don't have enough workers you can either create more workers (subsidized childcare), or you can reduce the need for workers (increase productivity, self driving trucks, robots etc). Govt can do more about the first, but by putting money into R&D and higher education they can influence the latter. The neo conservative low tax, low wage model is beginning to fail as workers are forced out of work due to childcare costs, or cannot retrain due to cost, and companies have little incentive to invest as declaring a profit (vs investing in research) is cheaper due to low tax.

[@americanexplorer999]

Just say that we are in a recession. This is just ridiculous...

[@bjornhelgason1879]

jobs that offer low pay is not helping much

[@iamjohnporter67]

Its not enough to even pay most bills. Which is why we need to Minimum Wage to increase.

[@bjornhelgason1879]

more and more are parttime

[@rollinghippo2940]

@@iamjohnporter67 that won't solve the problem, the best solution is world war 3 to reduce population

[@Rumptzsh8kr]

Really CNBC? You need to stop misrepresenting the facts "Walmart layoffs include more than 200 corporate workers." This is hardly representative of the economy. I thought you were better than that.

[@10-OSwords]

Sounds like bull to me. They're saying we have low unemployment. wondering if they're counting # of jobs/# of people without considering # of people who have 2 or 3 jobs because they can't make ends meet. Also rampant homelessness; do they even count homelessness in consideration for a recession or depression?

[@fauxque5057]

You barely hear that there's over a million people who aren't looking for work and are not on unemployment. Those people don't show up on any charts. Moms are staying home to homeschool their kids. Others are doing the Uber, door dash, instacart, thing instead of the 9 to 5 grind.

[@jennifertarin4707]

@@fauxque5057 I"m not on unemployment (it ran out in July), but have been actively looking for work. I'm pretty sure I no longer count on their rolls because I don't fit into one of their check boxes.

[@jsheav]

That's not how unemployment is calculated, it doesnt matter if you have 2 or 3 jobs. It's number of people filing for unemployment divided by the number of people in the workforce (which is unemployment applicants and number of people with jobs). Just a note

[@justinokraski3796]

@@jsheav also they make unemployment really hard to apply for in a lot of states with a lot of red tape that makes people just skip out on it and cause under reporting in data

[@taurus8263]

Rising wages? Where? Real wages are going down massively. We can buy less and less with the money we earn. The fact that nominal wages went up, doesn't mean real wages went up (taking inflation into account). I can't believe those journalists don't know this.

[@steveh5882]

Yes, according to my analysis, the unemployment rate will rise and yes, we are currently in a recession.

[@mobstrickland515]

Even if a non dollar-denominated asset sees no real gains during inflation that's still much better than holding cash and seeing your real purchasing power undermined. In other words, sometimes you have to chose between the lesser of two evils.

[@leemarty2765]

Yes Strickland. I would rather lose 3% on a stock due to inflation than lose 10% on cash due to the same inflation.

[@justingregory2965]

One thing I always have at the back of my head is the Rockefeller's advice on how to earn during times like this; while others are panicking and selling or holding,

[@larrytyler823]

My primary concern is how to grow my reserve of $300k which has been sitting duck since forever with zero to no gains, sure I know the risks of short term gains are much greater but if well managed one'd make a killing, am I wrong?

[@leemarty2765]

@@larrytyler823 I was investing on my own for about 3years, did my own study and analysis before actually buying, things became rather difficult after the pandemic which was right about when I reached out to a portfolio-advisor for guidance

[@leemarty2765]

It’s been over 2 years and I’ve scaled up a stagnant reserve of $280K to $700k in just about 24months.

[@stevenjohnson891]

I quit my job in 2021 and this job is currently much better. Always pursue better until you're the unemployed statistic.

[@aliciaarroyo6]

I feel the only vacant jobs in my area are low wage entry level jobs. I have been looking for a job for a few months and I can’t find something that beats my current pay.

[@spg5658]

Actually the data shows that among the current 11.2 million open jobs are minimum wage jobs as well as six figure salary jobs. It's a wide spectrum. You can't look just in one area. You have to look across the entire data for all of USA. Many are remote, also, and don't require you to live nearby. Regarding specifically remote work opportunities the number of available now exceeds anything ever in American history. We have never seen opportunities like this. In the past the vast majority of jobs required you to live nearby, of course.

[@magajiharuna5635]

Nice contents Sam Deymon put up always👌.BTC hits a new bullish price as people increased their bids in hopes of making huge gain from the rise but as we can all see now the market is very unstable , the truth is that you can always make more profit from trading rather than just hoding and waiting for the price of BTCto skyrocket . Indeed its a tough decision for both old and newb!es whose intensions are just to hodl and sell but rather the potentials of trading. I wept deeply and prayed after the last time i had much loses.

[@JohnnyAmerique]

The Boomers retire, on average, this year. The Zoomers beginning to enter the labour market are the smallest postwar generation. On top of that, the US is re-industrialising at a very rapid rate. So no, I doubt we will see mass unemployment. On the contrary, we will be seeing a labour shortage until at least the early 2030’s.

[@myyt3824]

That’s what they’re forgetting to figure into their data.

[@justinokraski3796]

Ah, a fellow Peter Zeihan fan. The problem is that he assumes we will do this competently and without any major effects from things like climate change or recession. Companies don’t like to spend money on capital projects (like a new factory) when they need all the money they can get to keep their current operations running at partial capacity

[@MrNiceGuy500]

Companies leave job openings out there for yearssss just to look at peoples resumes. The data does not correlate

[@SomeUserNameBlahBlah]

Don't forget that companies need to be hiring or looking for people otherwise they have to pay back their PPP covid loans. Here's how the scam works - a company got free money from the government by saying "golly-gee, I had to lay off workers and close my doors because of covid so give me money." The government said "sure, here's some free money but you must be willing to hire someone who wants to work." So the company has job openings which they never intend to fill, just so they don't have to pay back the loans. Search online - you'll find tons of people who applied to all of these open jobs and never got any callbacks.

[@gheyjoojeh]

Meanwhile fake news were claiming Brandon has done a great job!

[@realtalkwithzsj3969]

Y'all are such liars....

[@annaknapp1877]

I found a new job that pays higher in wages. Will be the most I’ll ever make. The other company I worked for over 5 years with little to no growth in wages.

[@irmaiz133]

@Anna Knapp what kind of job did you get hired in & what was your previous job? Thanks :)

[@y-discovery]

some industries are having a hiring freeze whereas other industries are having a hard time finding and filling talents. People who are well skilled especially, in software engineering, have more company & compensation options to pick and choose whereas employees in unpopular fields are still being stuck in their companies where they are not treated well in terms of compensation and career growth.

[@joakimdam9723]

I can phantom how many software engineers we need, I feel half of my friend group is somewhat programming at their job lol

[@gregorysagegreene]

SW is 'tech' = 'Cost Center' .=. Pink Slip first. - Algorithm that.

[@fyodorberkovich8247]

software "engineers" aren't even real engineers

[@vkrgfan]

We need a system where all professions are appreciated that pay livable wage, not everyone should thrive to become a software engineer. This isn’t fair, while people breaking their backs in various fields they aren’t being treated fairly.

[@DarkJustice1999]

Don’t companies have hiring freezes around this time of the year every year?!?

[@Summerdee223]

Yep, preparing budgets for the following year.

[@eatbreakfasts7993]

"Are we already in one (recession)?" Let me answer that for you, YES YOU OUT OF TOUCH BUFFOON! How is this STILL a question? Two quarters of negative GDP growth, end of story! And if that's not enough for you, the S & P is down 20% for the year. We are in a recession.

[@MrBakedDaily]

I do construction and I'm getting less and less work every month, less and less houses being bult/sold not as bad as 2008 yet.

[@krayziejerry]

It's alot worst than 2008. There's a freight shortage and going to continue for who knows how long.

[@UAkovalchuk]

I live in Missouri and i also do construction and yes there is way less homes built now cause of high interest rate!!! Going to hit hard 😬

[@swinvesting6071]

You can look at the crime rate and understand we are in a recession. I understand politics wants to keep it under wraps to save the stock market from tanking but it has gotten so bad that 20 dollars an hour isn't gonna cut it anymore.

[@eligreg99]

20/hr is nothing nowadays.

[@swinvesting6071]

@@eligreg99 amen to that. You need at least 30 an hour. And that's still cutting it in certain states.

[@eligreg99]

@@swinvesting6071 Exactly 30/hr is literally the new 20/hr. It’s really depressing. I wish we could at least go back to early 2000s prices

[@justinokraski3796]

I had a job back in February that had a take home pay of $4k per month. It’s amazing how quickly that money was getting chewed up in this economy. It turns out it’s cheaper to live at home and work a job that’s half the pay

[@UAkovalchuk]

@@justinokraski3796 its sad how government is trying to ignore this issue!!! I make 32 bucks an hours and its nothing theses days!!!

[@Ezero8]

Already laid off last week along with 1/3 of the company.

[@krayziejerry]

There's a massive freight shortage this year. Lots of warehouses and companies going out of business. Hang in there.

[@WalkingLegacy]

Does the strong job market include all the under paid listings too? I'd love to see a graph that shows payroll spending (not including C-Suite inflated salaries, although this should be on the graph as a separate line) vs company profits. A third level showing the top 1% wealth butted up against those metrics too.

[@HOOK_NOSE_JEW]

81 MILLION VOTES HAHAHAHAHAHAH

[@iamjohnporter67]

Me and my dad have been trying to find jobs but the company seems to ghost us saying "Oh we will call you back" weeks passed and nothing. Even when we do get the job, we don't get any paychecks. I don't know what the heck is going on but this is just becoming more complicated and frustrating.

[@Yandel21ableify]

But hiring signs are everywhere

[@anthonynguyen1701]

what kind of company did you guys work for amd where are you guys located?

[@TheDerangedBlood]

Exactly! I've been looking for a job but I never get a call back. No one is talking about that.

[@cable30]

It seems like places keep hiring signs up incase any hires quit for any reason so always want back up help just incase. so make us think they dont have enough help so can pay less to hire help and stil pay less if it that kinda job.

[@fauxque5057]

I'm interested in the jobs you and your father get that don't give you a paycheck.

[@WorldwideJamal]

Goldman Sachs just started layoffs.

[@teole6364]

When an engineer is struggling to pay rent and gas. You know we are in recession

[@julioandrade8520]

Working full time and overtime cannot afford to pay rent in the city in New York City. I don't understand what means we are not in an resección

[@612osiris]

Was the engineer struggling before 2020? If yes, maybe it's something else.

[@JohnSmith-ps7hf]

I still have a job, but I don't buy anything except food. I think this recession will be worse than 2008.

[@karenkatherine4956]

With inflation running at half a year high, a Recession is now the ‘most likely outcome for the economy. How can I grow my portfolio to outpace inflation and maintain a successful long-term strategy? I have been reading of investors making about $3million dollars profit in this current crashing market, and I need ideas on how to achieve similar profits..

[@lucyameliaflynn4768]

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[@castroguo4424]

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[@corneliahenriettaalbert5174]

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[@karenkatherine4956]

Lately i have searched youtube for a pro trader to guide and provide me with accurate trading signals.. i will contact him, thanks.

[@Dfthg-bz3hp]

NICE SCAM ROBOT THREAD

[@Lamiishere]

Cringe af 😂

[@markbunn8576]

Unemployment is a lagging indicator in a recession. It's just starting now. The NC unemployment rate just rose for the first time in two years. We will soon be in stagflation. Anyone who says we're not in a recession is either in denial or an idiot.

[@knyckname3295]

There are hiring signs everywhere, but they are not hiring anyone

[@usa-empireis-dead227]

Employers are criminals who refuse to pay livable wages of $33/Hour and up! Money has no value when it does not stand for enough buying power! Clothing is soooooooo expensive now! Everything is so expensive! I would go broke if I bought things at a steady pace!

[@veliusaffectus9103]

Employers are way too picky in sectors that don’t require much experience is one of the biggest issues, giving no chance for other employees they are not likely to train

[@Creaturesburgh]

I know right, I’m 20 years old. I’m looking at all the requirements in the job descriptions, I question how am I supposed to enter the job market in the field I desire? It’s craZy

[@joshuajackson7050]

Facts

[@kevinfernandez9999]

Biden voters: 😐👀🤐

[@katiaaskildt7830]

As an economist, i hate when other economist put too much emphasis on jobs and not enough on other factors of the economy

[@ciaYimengKriete]

@Jro some of us working in finance/econ , some have degrees in either and work elsewhere some are both…

[@ciaYimengKriete]

@Jro does working at the SEC and Fannie Mae along with 5+ years count? Lmao

[@thomasdtrain]

@Jro lmao at this gatekeeping

[@ciaYimengKriete]

@Jro dang you sound mad. Don’t need to gate keep so hard here…

[@ipeeinpublicpools543]

@Jro you joined 4 days ago, you're a bot doing damage control. This gonna hit the fan, we ain't stupid Source- I'm better at everything than you

[@videozoom12]

This just screams propaganda. Quite pathetic actually

[@yourfriend4104]

How long will these guys figure out what is actually going on? Literally laughing out how the big picture is in their faces and yet they are using a microscope to figure it out.