Rising unemployment and hour cuts is going to continue to rise...

[iamwhatiseem]

I said here in December that unemployment is going to go back up... a lot of you laughed at that.
And it did rise.
And it will rise more. And continue to rise till at least the end of summer.
Also - part time as the new full time is also on the rise. With people getting there hours cut. That is also coming.
All due to low inventories, inability to get raw materials and enormous shipping delays.
It might even get as bad as Covid 2020 if this inventory/shipping problem continues.

 

[1srelluc]

I suspect there will be varying degrees of misery until all dems are swept from office. The DNC should be declared a domestic terrorist organization.

 

[jbrownson0831]

I said here in December that unemployment is going to go back up... a lot of you laughed at that.
And it did rise.
And it will rise more. And continue to rise till at least the end of summer.
Also - part time as the new full time is also on the rise. With people getting there hours cut. That is also coming.
All due to low inventories, inability to get raw materials and enormous shipping delays.
It might even get as bad as Covid 2020 if this inventory/shipping problem continues.

Oooh I wonder if Poopeypants can surpass the Muslim in Chief for the highest percentage of part time jobs.

 

[Ridgerunner]

Triple threat to the economy...
1. Double digit inflation
2. Double digit unemployment
3. Double digit interest rates
After the election of President Carter in 1976, 4 years later this country was ass deep in alligators... It was not a pretty sight...
Production was down...
Sales were at an all-time low...
New construction was at an all-time low...

It's not as bad as 79/80 YET...
I'm not optimistic for our country because of politics...

Oh yeah, I was there, freshly married and a newborn baby boy...

 

[TNHarley]

I joked with my son the other day that we were going to have to turn into vegetarians, as meat is so damn expensive.

 

[Ridgerunner]

It's all most embarrassing to think what I give for a package of chicken thighs at the gettin place yesterday...

 

[iamwhatiseem]

And just like with Carter, the Biden admin is way-way-waaaaay over their heads to address real economic problems.
Psaki will do the same she did late last summer - deny that inflations was real, then say it is temporary. then say it only effects the rich till finally admitting there is a problem.
There is NO one in this admin that can deal with this.
The only "idea" they will have is to give more money away...which compounds the problem.

 

[edthecynic]

Also - part time as the new full time is also on the rise. With people getting there hours cut. That is also coming.

BULLSHIT!

 

[edthecynic]

the Muslim in Chief for the highest percentage of part time jobs.

And what exactly is that %?

 

[iamwhatiseem]

BULLSHIT!

Divert much?

 

[Ridgerunner]

BULLSHIT!

Predicting a bull market huh? Take all you Sheckles and buy AMAZON then...

Dumbass...

 

[Calypso Jones]

Our youth are enamored with socialism/communism..without really understanding what it is....

 

[Harpy Eagle]

I said here in December that unemployment is going to go back up... a lot of you laughed at that.
And it did rise.
And it will rise more. And continue to rise till at least the end of summer.

This did not age well

 

[iamwhatiseem]

This did not age well

View attachment 682380

Labor participation has fallen 400,000 in this time period.

 

[Harpy Eagle]

Labor participation has fallen 400,000 in this time period.

Is that goal post heavy?

 

[iamwhatiseem]

Is that goal post heavy?

No
No workers to move it

 

[Harpy Eagle]

Also - part time as the new full time is also on the rise. With people getting there hours cut. That is also coming.

Whoops....

 

[Harpy Eagle]

Labor participation has fallen 400,000 in this time period.

Really now...

The yellow line is when you made your prediction...does that look like it has fallen to you?

 

[initforme]

So how does it get fixed? We have a massive labor force, the best this nation has ever seen.

 

[Harpy Eagle]

So how does it get fixed? We have a massive labor force, the best this nation has ever seen.

what is there to fix?

We have made up all the lost jobs from 2020 and COVID with no slowing down in sight.