Billy_Bob
Diamond Member
Right before midterms and the truth about the Biden economy and jobs takes a huge reality check. Economists are predicting a rapid loss of jobs. Those getting pink slips this week jumped. The outlook is not good.
The US May Lose 1 Million Jobs (msn.com)
Quote: Many economists believe that the issue about a recession in America is not if one will start but when. JPMorgan CEO Jamie Dimon predicts the downturn will start as soon as six months from now. Former Treasury Secretary Larry Summers forecasted it would happen sooner. Summers also says U.S. unemployment will need to hit between 5.5% and 7.5% to cool inflation. That means hundreds of thousands of jobs will be lost next year. A new Bank of America analysis says the rate will reach 150,000 lost jobs monthly.
The US May Lose 1 Million Jobs (msn.com)