abcnews.go.com
Try getting one Dimmer ilk.US filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation
I guess the repub prayers for a recession are not working well?
I'm not sure you understand what a recession entails, Lesh.US filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation
I guess the repub prayers for a recession are not working well?
I'm not sure you understand what a recession entails, Lesh.
Most economists would disagree with you.
The economy is going to have to cool, and with that it will cool the jobs.Would they?
Can you find a lot of economists that say we are currently in a recession?
And for the matter, if there is a recession and there is no major job losses...would anyone even notice?
The economy is going to have to cool, and with that it will cool the jobs.
For the rest of your post, try Google.
Tell that to Apple, and Amazon.Normally you might be correct, but never have there been so many job openings in a "cooling economy".
www.resumebuilder.com
Tell that to Apple, and Amazon.
Here is a good read.
1 in 3 companies anticipate laying off 30% or more of workforce in 2023 - ResumeBuilder.com
A ResumeBuilder.com survey finds that 61% of business leaders say their organizations will likely have layoffs in 2023.
Losing a job is losing a job, Gator.A bit of context on those numbers....all these companies way over hired during the pandemic and now that thigns are back to normal they are paring back....but just a tiny percent of those hired in the last two years.
View attachment 753047
Losing a job is losing a job, Gator.
As this economy cools, it will only get worse.
The feds have to raise the lending rate, and few economists think it will be a soft landing.
Normally you might be correct, but never have there been so many job openings in a "cooling economy".
This is what will keep what is normally the worst part of an recession from being so this time around.
Boy, was I wrong about how many open jobs there are....The number of job openings increased to 11.0 million on the last business day of December,
You put a lot of faith in the government, I don't.
Biden must have cut jobless aid.US filings for jobless aid lowest since April
U.S. applications for jobless aid fell again last week to their lowest level since April, further evidence that the job market has withstood aggressive rate hikes by the Federal Reserve as it attempts to cool the economy and bring down inflation
I guess the repub prayers for a recession are not working well?
I look around and see what is going on, I don't look for the government telling me.
Bottom line is that jobs are a lagging indicator for a recession. The cooling of the economyWhen I look around I see are HELP WANTED signs every where I go. I cannot think of a business I deal with on a regular basis that is not looking to for employees.
And yeah, I know a good number of statisticians that work for the government in both the BLS and the USDA and they are all very competent people at their jobs.
Bottom line is that jobs are a lagging indicator for a recession. The cooling of the economy
is the forefront to a recession, and that's what the fed banks are in the process of doing with their
raising the rates. The inflation has to come down and there are consequences to getting that done.
You're going to keep hearing this for most of this year....as we go deeper and deeper in debt.You know, I keep hearing this...but....
The Great Recession started in Dec 2007 officially. By that time 2 of the previous 4 months had negative job growth.
The 2000 recession started in Mar 2001 officially. By that time 4 of the previous 8 months had negative job growth.
Keep listening to Biden, he'll tell you this is the greatest economy ever.When I look around I see are HELP WANTED signs every where I go. I cannot think of a business I deal with on a regular basis that is not looking to for employees.
And yeah, I know a good number of statisticians that work for the government in both the BLS and the USDA and they are all very competent people at their jobs.
You're going to keep hearing this for most of this year....as we go deeper and deeper in debt.
