2025 is deemed the year of layoffs. That’s what a hiring manager told me jokingly the other day. Time to squeeze the oranges hard as you possibly can until it’s about the burst! I think everyone is terrified. I certainly am. It’s infuriating. You work hard, do everything you’re supposed to do, and you lose no matter what happens
They have been rattling our cages for years but unemployment rate is steady.
I think that’s the big reason why Trump is fucking with fed slaves, they are going after the safest jobs
Either way, US in demographic transition, they can’t really do 2008 again due to this.
The only thing they can do is import migrant slaves on both high and low end. And they are doing it and Trump won’t change that despite what his brain dead base thinks…
They did some show with “Illagal’s” but bro who is gonna fucking working in the slaughter houses…
Owners won’t have it beyond a show
The unemployment rate is a lie. If you’re unemployed for more than six months you stop being counted.
Some truth there but even if you look at things like labour participation rate which you would likely cite to support your thesis, you have to account for changing demographics, ie large boomer population going into retirement.
which unemployment rate would you prefer to to use?
U-6?
I’d prefer a straight up count of individuals not in school, training, or employment age 18 to retirement age.
That’s a fair approach but two blind spots, mothers and disabled?
Also the rich?
Fair point on disabled people and mothers shouldn’t be counted for a year after birth. If rich people are unemployed yes they should be counted.
Well mothers rich and disabled are counted under current regime is my understanding
Also, I think I am missing some here too