Libby von H
Platinum Member
- Nov 10, 2023
- 2,828
- 1,372
- 893
Labour economists see rising recession danger in the US
Climbing unemployment is pushing America’s economy perilously close to the edgeTotal numbers in work have fallen by 898,000 over the last three months under the US household survey measure, a shocking level of attrition that has pushed unemployment to 3.9pc from its cycle-low of 3.4pc.
The percentage of small businesses planning to hire workers is in free-fall. The Chicago Fed’s National Activity Index has been negative for several months, pointing to an economy near stall speed.
==========================
Yeah if you throw a trillion dollars governemt spending into the mix it will hide a disaster that will happen with lightning quickness when it happens
USe you own experience. Food is continuing to rise. there is a big increase in folks working 2 jobs.
Biden gives that asshole smile but he's worth millions, it doen't touch him in the least