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The Job Market isn't Looking too Hot
@Stahesh Maybe they are closing Jobs to force people signed for The Draft 👿👿
Meanwhile, UBS expects the unemployment rate to rise more than a full percentage point from current levels to 5.0% at the end of next year.
Business insider
when the FOMC raised fed fund rates to more than 19% in 1981 to combat inflation, it triggered a severe 16-month recession. Subsequently, that launched a nearly two-year bear market for stocks and sent unemployment up to 10.8%.
USA Today
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@Stahesh not sure if it is so much the fault of the job market or the people or probably both, I see these ppl and they work menial jobs that pay ok and then I see them with expensive apartments and cars and botox on their lips and no savings what so ever, I make ok money and I live like a poor man bc I want to save between 50% to 75% of my paycheck, I have emergency money, emergency food, and I keep my expenses low. I work hard too and I dont complain.