Zincwarrior
Diamond Member
Job anxiety and fears of increased unemployment are at the highest levels in ten years. Confidence drives the economy.
Americans' job anxiety soars to highest level in 10 years
- Thread starter Zincwarrior
- Start date
luiza
Diamond Member
Foolish talk , PinkCabbage .
It's the Aliens sending them telepathic messages and including pictures if IQ-2.0 and Morticia .
1srelluc
Diamond Member
A nation of weak men.
- Sep 16, 2012
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wamose
Diamond Member
The solution to the problem is to vote Republican or retire. Democrats hate the American worker.
jbrownson0831
Diamond Member
- Jul 27, 2020
- 26,558
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Plenty of jobs available
Plenty of jobs available but you have to apply, interview, and get one......oh, and leave your 40 oz malt liquor in the car.
C_Clayton_Jones
Diamond Member
"Add rising job anxiety to the growing list of soft economic indicators that may be signaling trouble ahead."
A warranted, justified concern that Trump will tank the economy again.
jbrownson0831
Diamond Member
- Jul 27, 2020
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Plenty of jobs for those who actually want to be self responsible.....not you though, right?
Darkwind
Diamond Member
- Jun 18, 2009
- 37,675
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How was that data collected? What questions were asked, but more important? HOW were they asked?
People have had job anxiety for about 25,000 years. Who doesn't worry about their job and what they must do to keep it?
Today's kids worry about having to actually do some work for the money they earn, and that makes them anxious.
The entire thing is meaningless and nothing more than Axio's furthering attempt to paint Trump and all those who disagree with them in the worst possible light.
Like I said. Axios.
Last edited:
- Sep 16, 2012
- 66,392
- 61,997
- 3,605
Consumer sentiment drops as inflation worries escalate
Consumer sentiment slid nearly 10% from January and fell for the second straight month. The decrease was unanimous across groups by age, income and wealth. All five components of the sentiment index deteriorated this month, led by a 19% plunge in buying conditions for durables, due in part to fears
news.umich.edu
Surveys of Consumers - Survey Information
data.sca.isr.umich.edu
Darkwind
Diamond Member
- Jun 18, 2009
- 37,675
- 23,976
- 1,915
I don't care. It is meaningless, as I said.View attachment 1091923
Consumer sentiment drops as inflation worries escalate
Consumer sentiment slid nearly 10% from January and fell for the second straight month. The decrease was unanimous across groups by age, income and wealth. All five components of the sentiment index deteriorated this month, led by a 19% plunge in buying conditions for durables, due in part to fearsnews.umich.edu
Surveys of Consumers - Survey Information
data.sca.isr.umich.edu
Zincwarrior
Diamond Member
- Thread starter
- #14
DJ down 460 points at time of writing. This will be the fifth week with a declining stock market in a row.
- Sep 16, 2012
- 66,392
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Your OP addressed the main-street economy. OTH, noting the performance of the DJ? That is the investors' economy.
These are different things entirely. . . and, in someways, diametrically opposed.
How a Two-Tier Economy Is Reshaping the U.S. Marketplace
The advance of wealthy households, while middle- and lower-income Americans struggle, is reshaping markets for everything from housing to clothing to beer.
Jan. 28, 2015Loading…
www.wsj.com
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archive.ph
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www.axios.com
America’s ugly new two-tiered economy
The weak August jobs numbers came as a shock — but such news is all too likely to become routine without real change in Washington. The days before the employment report had brought strong economic…
nypost.com
A Sept. 4 Federal Reserve study showed the flip side. Before-tax median family income (the middle of the middle class) fell to $46,700 in 2013, down 5 percent from 2010.
Such a drop is unprecedented at this point in an economic expansion. And that income drop came on top of an 8 percent decline from 2007 to 2010. While the top 10 percent of income earners saw an increase, every other income group saw declines.
It’s a nationwide problem, but it’s exaggerated in New York. Brooklyn is booming for those with money or assets to borrow against, spurring stories of unused warehouses tripling in price.
In Manhattan, Wall Street is getting its share, selling $3.5 trillion in bonds to the Federal Reserve and sharing in record stock prices. But for most New Yorkers, the challenge isn’t finding choice real estate; it’s facing the decline in jobs.
The nurse at my doctor’s appointment on York Avenue explained it bluntly last week: “I came from Eastern Europe 12 years ago. I keep thinking things will improve, but they’ve been getting harder and I’m thinking of going back.”
President Obama’s economic policies bear much responsibility for the declines in middle-class incomes. . . "
This is a structural problem, and it really makes no difference who is in office IMO.
Zincwarrior
Diamond Member
- Thread starter
- #16
Your OP addressed the main-street economy. OTH, noting the performance of the DJ? That is the investors' economy.
These are different things entirely. . . and, in someways, diametrically opposed.
How a Two-Tier Economy Is Reshaping the U.S. Marketplace
The advance of wealthy households, while middle- and lower-income Americans struggle, is reshaping markets for everything from housing to clothing to beer.
Jan. 28, 2015
Loading…
www.wsj.comLoading…
archive.ph
View attachment 1091935
Mar 26, 2024Loading…
www.axios.com
View attachment 1091936
". . . A 2013 study by the American Affluence Research Center showed that 50 percent of consumer spending is coming from just the top 10 percent of incomes. They’re also doing most of the investing and hiring, and will get most of any gains (or losses) from the high-end boom.America’s ugly new two-tiered economy
The weak August jobs numbers came as a shock — but such news is all too likely to become routine without real change in Washington. The days before the employment report had brought strong economic…
A Sept. 4 Federal Reserve study showed the flip side. Before-tax median family income (the middle of the middle class) fell to $46,700 in 2013, down 5 percent from 2010.
Such a drop is unprecedented at this point in an economic expansion. And that income drop came on top of an 8 percent decline from 2007 to 2010. While the top 10 percent of income earners saw an increase, every other income group saw declines.
It’s a nationwide problem, but it’s exaggerated in New York. Brooklyn is booming for those with money or assets to borrow against, spurring stories of unused warehouses tripling in price.
In Manhattan, Wall Street is getting its share, selling $3.5 trillion in bonds to the Federal Reserve and sharing in record stock prices. But for most New Yorkers, the challenge isn’t finding choice real estate; it’s facing the decline in jobs.
The nurse at my doctor’s appointment on York Avenue explained it bluntly last week: “I came from Eastern Europe 12 years ago. I keep thinking things will improve, but they’ve been getting harder and I’m thinking of going back.”
President Obama’s economic policies bear much responsibility for the declines in middle-class incomes. . . "
This is a structural problem, and it really makes no difference who is in office IMO.
Nike expects sales will plunge in current quarter as it faces tariffs, sliding consumer confidence
bendog
Diamond Member
not just workers.
NFIB added that many small businesses are supported by work from other firms with government contracts.
"All consistent with the general tone of the financial press, the economy is still growing, but at a slower and slower rate, storm clouds are forming," it warned.
The mounting pessimism among small-business owners is also echoed by consumers—whose spending is the driving force behind GDP and previously kept the economy resilient through Fed rate hikes.
The latest University of Michigan sentiment survey tumbled 11% from the prior month due to inflation fears. Year-ahead inflation expectations jumped up from 4.3% last month to 4.9% this month, the highest since November 2022 and the third straight month of an unusual large increase. Long-run inflation expectations surged from 3.5% to 3.9%, the largest month-over-month increase since 1993.
stagflation is suddenly a timely subject. lol
Zincwarrior
Diamond Member
- Thread starter
- #18
People forget that every dollar of government deficit is a dollar priming the economy. Working on balancing the deficit is painful, but triply so when the government is launching a haphazard keystone cops style trade war with the rest of the world.
bendog
Diamond Member
imo, the current administrations "goals" are undefined and ..... actions are "haphazard." Not just in terms of tariffs.
jbrownson0831
Diamond Member
- Jul 27, 2020
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See, I knew it.....you don't want a job, its the gubment teat for you.
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