December 5, 2025
“…U.S.-based employers announced 153,074 job cuts in October, up 183% from September and up 175% from October 2024, according to job placement firm Challenger, Gray & Christmas (1). “This is the highest total for October in over 20 years, and… Continue Reading…
November 3, 2025
Do not go to college. It is a debt trap. Learn a skill trade instead. That way your skills will always be in demand regardless of the market. Bad economies need plumbers, electricians, welders, etc… For you would be college… Continue Reading…
August 2, 2025
“…President Donald Trump on Friday fired Bureau of Labor Statistics Commissioner Erika McEntarfer, hours after the agency reported that job growth in the U.S. had slowed to a near-halt. “We need accurate Jobs Numbers. I have directed my Team to… Continue Reading…
April 3, 2025
“Fewer Americans file for jobless benefits last week as labor market continues to show strength Jobless claim filings fell by 6,000 to 219,000 for the week ending March 29, the Labor Department said Thursday. That’s less than the 226,000 new… Continue Reading…
February 7, 2025
“…Nonfarm payrolls rose by a seasonally adjusted 143,000 for the month, down from an upwardly revised 307,000 in December and below the 169,000 forecast from Dow Jones. The unemployment rate nudged lower to 4%…” https://www.cnbc.com/2025/02/07/jobs-report-january-2025.html The unemployment books are cooked. It… Continue Reading…
January 9, 2025
“Artificial intelligence is coming for your job: 41% of employers intend to downsize their workforce as AI automates certain tasks, a World Economic Forum survey showed Wednesday. Out of hundreds of large companies surveyed around the world, 77% also said… Continue Reading…
September 9, 2024
“Companies hired just 99,000 workers last month, less than the downwardly revised 111,000 in July and below the consensus forecast for 140,000, according to payrolls processing firm ADP. The report corroborates multiple data points recently that show hiring has slowed… Continue Reading…
August 6, 2024
“…Disney has been struggling recently, which has included several Disney titles that were deemed box office flops in 2023—including Pixar’s Elemental—declining linear TV viewership and an uneven transition into a streaming future. The entertainment behemoth has been hemorrhaging money through its Disney+ streaming… Continue Reading…
August 5, 2024
“…Thursday’s post-data rally in Treasurys sent yields plunging on everything from the 1-month T-bill BX:TMUBMUSD01M through the 30-year bond BX:TMUBMUSD30Y. The policy-sensitive 2-year rate BX:TMUBMUSD02Y dropped 17.4 basis points, or the most in a single session all year, to 4.163%. The 30-year yield fell 10… Continue Reading…
August 5, 2024
“Stocks fell sharply on Friday as a much weaker-than-anticipated jobs report for July ignited worries that the economy could be falling into a recession. The broad market index dropped 1.84% to end at 5,346.56. The Nasdaq Composite lost 2.43% to close at 16,776.16, bringing… Continue Reading…
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