Posted on 01/09/2024 1:01:45 PM PST by Kaiser8408a
The US economy is under a bad sign. And if it wasn’t for The Fed’s money printing, we would have no economy at all!
We experienced a tremendous amount of economic turbulence in 2023, but at least the employment market was relatively stable.
Unfortunately, that period of relative stability appears to be ending.
The pace of layoffs really seemed to pick up steam at the end of 2023, and the outlook for the coming year is not promising at all. In fact, a survey that was just conducted by Resume Builder discovered that a whopping 38 percent of U.S. companies anticipate that they will conduct layoffs in 2024…
38% of companies say they are likely to have layoffs in 2024 52% are likely to implement a hiring freeze in 2024 Half say anticipation of a recession is a reason for potential layoffs 4 in 10 say layoffs are due to replacing workers with artificial intelligence (AI) 3 in 10 companies reducing or eliminating holiday bonuses this year If you currently have a job that you highly value, try to hold on to it as tightly as you can.
Unfortunately, this is just the tip of the iceberg.
Many more layoffs are on the way.
Meanwhile, retailers continue to close stores at an astounding pace…
I noticed that The Administration has handed propaganda duties off to John Kirby and relegated KJP to relief pitching away from Peter Doocey!
Hey, at least KJP can speak. Unlike Hillary Clinton, the worst public speaker in the world.
(Excerpt) Read more at confoundedinterest.net ...
Biden Economy Under A Bad Sign.....
Albert King
https://www.youtube.com/watch?v=F2IqJtBL6yk
Cream (Jack Bruce singer, Eric Clapton soloist)
https://www.youtube.com/watch?v=fyQBrU94Vx4
I’m in a fairly prosperous state, and I’ve noticed a lot of businesses going under in the past 2 years. A LOT of empty retail spaces that were never empty before in my memory.
Hundreds of Thousands of people will finally get to spend much needed time with their families instead of having to slave all day at work for some greedy rich guy...
Don’t worry, I’m sure it will be fine, especially with the two Giant Companies putting their signs up everywhere, For Lease and Space Available
Don’t believe the 20% office vacancy in large cities. It’s much worse than that.
“LOT of empty retail spaces that were never empty before in my memory.”
A retail store visit by the wife or myself is very rare these days. Everything comes right to our door. And we are old, slow adopters.
The Fed has cut back on the printing presses. It will reduce Inflation but like a drunk going sober it's going to hurt. A Recession is guaranteed.
Born Under the Sign of Capri Corn Pop.
A rudderless ship has no defined path. That is Joe “10%” Biden. He has no plan other than to be in the position. Let a bunch of ideologues run things without the control of truth. Joe and his band of fools wil burn the world down without realizing they are the cause. The true horror of government.
That’s the key. No one can escapade. Everyone, at some level will perish. So much better than the forever war, deep state, corruption free of the last president. It gets to the point where corruption is better than incompetence. I believe that we hit that with PDJT then the corruption freaked out that a non corrupt non incompetent person emerged on top. The ultimate fear to them.
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