Mass layoffs are on the rise in the U.S., at least according to this often-overlooked data series

[Afro]

Mass layoffs are on the rise in the U.S., at least according to this often-overlooked data series

Investors have been on the lookout for a weakening labor market since the Federal Reserve embarked back in March 2022 on its aggressive rate-hike campaign.

www.marketwatch.com

 

[OperationNumbNutts]

Let's see if this thread will be bumped in a few months.

 

[Peruvian Connect]

i believe it. i see it looming at my job, but they insist its not coming.

 

[Chrishaune]

They said what they were going to do almost 2 years ago. They wanted to reduce the savings and buying power of the general public.

 

[The Intergalactic Koala]

Like I said ages ago, eventually everybody will be sitting at home due to these revelations. The main plan is for universal profit. AKA the same bullshyt that politicians were bytching about for ages.

The pandemic was a heist gone wrong due to the casualties in the process. Now the jig is up and it's time to see the end results that will end up keeping folks in line, especially minorities

 

[Pazzy]

Not surprised. We in a depression at this point and people out here thinking shyts gonna be sweet in already recession.

See... cost of living is going up and truth be told, shyt was years in the making and a part of this has to do the participation of some of the general public. Racking up those student loans debt, all that credit card debt, folks wanna support these overpriced lifestyles for years especially gentrification. Cost of living in cities spread out to the suburbs and elsewhere during and after the covid emergency because certain class and tax brackets moved so now everywhere is unaffordable. Middle class getting gutted. Wealth gap increasing more and more and folks think shyt is sweet. Then we got inflation on top of all that.


Im seeing a lot of these influncer articles promoting homeless and prostitution for young people though theyre rewording it to romanticize that shyt. Theyre also building mega prisons too. What are they telling yall to prepare for?

 

[Batsute]

MBA job offers down as hiring slows | LinkedIn

Recruiters are visiting some university campuses less frequently, as companies take a wait-and-see approach, reports The Wall Street Journal.

www.linkedin.com

 

[Silkk]

Not surprised. We in a depression at this point and people out here thinking shyts gonna be sweet

@CrimsonTider

 

[Chrishaune]

Like I said ages ago, eventually everybody will be sitting at home due to these revelations. The main plan is for universal profit. AKA the same bullshyt that politicians were bytching about for ages.

The pandemic was a heist gone wrong due to the casualties in the process. Now the jig is up and it's time to see the end results that will end up keeping folks in line, especially minorities

Everything they do is to keep the slaves in line. Letting immigrants get in the country free, but you can't leave without government tracking.

 

[The Intergalactic Koala]

Everything they do is to keep the slaves in line. Letting immigrants get in the country free, but you can't leave without government tracking.

Yep...the alpha stages of Revelations . At this point, I'm just laying in my tree awaiting the next round of prophetic fukkery.

 

[trapnerd]

Our r&d teams have been decimated over the past month. More than 50 people laid off.

 

[humminbird]

the thing is most of these jobs aren't coming back either because of AI
for example at my job we're going through new training and they have AI people on video telling us about the stuff
like human faces and voices but all of it is AI generated

 

[OperationNumbNutts]

Like I said ages ago, eventually everybody will be sitting at home due to these revelations. The main plan is for universal profit. AKA the same bullshyt that politicians were bytching about for ages.

The pandemic was a heist gone wrong due to the casualties in the process. Now the jig is up and it's time to see the end results that will end up keeping folks in line, especially minorities

Explain that a little better.

 

[The Intergalactic Koala]

Explain that a little better.

Like I told my wife and best friend ages ago. The powers that be are trying to keep the profit under one bracket. Jobs are crumbling and the infrastructure of the past is getting stomped out from the advances of technology. So it calls for digital currency and subsidized income for the majority of the people to keep them in line.

Think about it.

The pandemic checks were basically the beginning stages of it, and while folks were balling out of control (sadly we had to sit it out because most of the money went to surviving and etc), the leaders went GOTCHA . Its crazy how majority of the people did not mind the government to legit go into the pockets and give a quarter.

Just manage when everything gets converted, and it will be easier to defund a struggling household, a person that owes crippling debt, or any sort of financial woe that doesn't mean shyt to banks and the 1 percent.

We as a nation are on the verge of getting dog walked financially and sadly, it's going to be a chaotic few years until folks have no other choice but to fall back.

Prayfully, my family and I, along with some passport brehs will escape Babylon because its really fitting to be ugly. Especially come next year when the ball finally drops, because the bandaid is starting to fall off ala recession time.

 

[Batsute]

the thing is most of these jobs aren't coming back either because of AI
for example at my job we're going through new training and they have AI people on video telling us about the stuff
like human faces and voices but all of it is AI generated

Damn what industry is that breh that’s going full gas.