Savings are gonna run out': Already battered by high inflation...
• Market Watch...Fed's rate hike will hit lower-income and rural Americans hard
Contents Pages by Subject
Employment & Jobs
Something Snaps In The Job Market: Multiple Jobholders Hit All Time High...
• Zero Hedge...As Unexplained 1.8 Million Jobs Gap Emerges
Health Experts Are Quitting the NIH and CDC in Droves and Are Embarrassed by 'Bad Science'
• https://needtoknow.news by DailyMailRecently, the Centers for Disease Control and Prevention (CDC) and the National Institutes of Health (NIH) are both suffering staff shortages. Major decisions made by the agencies that hurt morale included support for masking in schools, school closu
Severe Economic Desperation Rises Rapidly All Over America As Nearly Half The Nation Cuts...
• https://www.activistpost.com, Michael SnyderIt is starting to look a lot like 2008.
About 45% Of Small US Businesses Are Freezing Hiring Amid Soaring Inflation, Labor Costs
• https://www.zerohedge.com, by Bryan JungAbout 45 percent of small business owners in the United States are freezing the hiring of new workers because of high labor costs and skyrocketing inflation, according to the Alignable July Hiring Report.
Job Listings Starting To Trend Lower
• https://www.zerohedge.com by Alyce AndresOnline data show companies are putting the brakes on job listings for a third month (see "Fed Mission Accomplished: Real-Time Indicators Show The Labor Market Just Cratered").
Why The Labor Shortage Isn't Going Away
• https://www.zerohedge.com by Charles Hugh SmithIt's getting hard to fill toxic low-pay jobs, and that's not going to change.
Initial Jobless Claims Soars To Highest Since Nov 2021
• https://www.zerohedge.com, by Tyler DurdenFollowing the very mixed message from last Friday's jobs data, this morning's initial claims data was definitelky worse - with 244k Americans filing for unemployment benefits for the first time last week. That is the highest since November 2021...
Something Snaps In The US Labor Market:
• https://www.zerohedge.com by Tyler DurdenFull, Part-Time Workers Plunge As Multiple Jobholders Soar
Job Openings Plunge By Most Since Covid Crash, Remain Stubbornly High:
• Zero Hedge - Tyler DurdenNearly 2 Openings For Every Unemployed Worker
Where did all the workers go? How are they paying their bills?
• Southern Prepper 1
US Manufacturing Slumps In May, New Orders & Jobs Contract
• Zero Hedge"The PMI survey has fallen in June to a level indicative of the manufacturing sector acting as a drag on GDP..."
"One Of The Worst Downturns In Recent History": Zuck Warns Facebook Employees
• Zero Hedge...To Brace For Layoffs
93% Of Working Americans Have A "Side Hustle"-
• https://www.zerohedge.com by Tyler Durden-, 51% Are Considering It Due To Inflation, New Study Finds
The Best Early Recession Indicator
• https://www.zerohedge.com, by Tyler DurdenAs we approach the end of the first half, it's safe to say that how the second progresses will likely be determined by whether the US moves into recession or not (and how soon).
Boots on the Ground...June 16th...Layoffs are starting in the auto sector.
• https://www.youtube.com, southernprepper1Boots on the Ground...June 16th...Layoffs are starting in the auto sector.
Crypto Winter: Exchanges that Spent Millions on Super Bowl Ads Are Now Laying Off Workers
• https://www.breitbart.com by LUCAS NOLANCoinbase, the cryptocurrency exchange that spent millions of dollars on Super Bowl ads just months ago, is now laying off thousands of employees as cryptocurrency prices crash yet again.
"We Appear To Be Entering A Recession": Coinbase Explains Why It Is Firing 18% Of...
• https://www.zerohedge.com, by Tyler DurdenWith bitcoin crashing to $21,000 overnight down more than two thirds from its all time high as opportunistic traders short the crypto in hopes of forcing Celsius to liquidate, and Microstrategy to get a margin call (it won't until bitcoin drops to 4K
Why Everyone Should Have Multiple Streams of Income to Survive What's Coming
• Organic PrepperRather than putting all your eggs in one basket and pinning your financial strategy on a single income source, develop a number of lower-paying part-time gigs - in other words, multiple streams of income.
Warning: Bush's North American Union Is Back From The Dead
• https://www.technocracy.news by NEIL MUNROFrom 2005-2009, this editor fought tooth and nail to derail George Bush's Security and Prosperity Partnership that sought to merge Canada, Mexico and the U.S. into a unified region like the EU. We succeeded and the whole initiative was officially d
Elon Musk To Slash Tesla Jobs, Has "Super Bad Feeling" About Economy
• https://www.zerohedge.com, by Tyler DurdenSince mid-May, real-time indicators warned the labor market had hit a brick wall. Piper Sandler predicted last week that up to a million layoffs or more were ahead as the US economy is on the verge of recession.
Biden Blames Trump For Deficit, Gaslights Americans After May Jobs Report...
• By Cristina LailaBiden Blames Trump For Deficit, Gaslights Americans After May Jobs Report Signals Slowing Economy (VIDEO)
Elon Musk To Slash Tesla Jobs, Has "Super Bad Feeling" About Economy
• Zero Hedge"pause all hiring worldwide"
How Nationalization of Industry Causes Massive Job Loss
• https://www.theorganicprepper.com by JG. MartinezEvery Venezuelan has a story of how the nationalization of industry negatively impacted his life. These stories could fill a shelves' worth of books.
Netflix's woke purge:
• https://www.dailymail.co.uk By RONNY REYESTroubled streaming giant's latest layoffs targeted staff who were among its most vocal social justice warriors working on original content about marginalized communities
In 2023 Tens of Thousands of Teslabots Will Work in Tesla Factories
• https://www.nextbigfuture.com, by Brian WangElon Musk has said that there will be an interesting demo by the end of 2022 for the Teslabot and low volume mass production in 2023. Low volume mass production for Tesla EVs in 2022 means about 1000 to 2000 cars per week.
Worker output fell 7.5% in the first quarter, the biggest decline since 1947
• https://www.cnbc.com, Jeff CoxWorker productivity fell to start 2022 at its fastest pace in nearly 75 years while labor costs soared as the U.S. struggled with surging Covid cases, the Bureau of Labor Statistics reported Thursday.
Psaki chokes up as she introduces her 'partner in truth' Karine Jean-Pierre as Biden's n
• https://www.dailymail.co.uk, By Elizabeth ElkindJen Psaki admitted she was struggling to fight back tears as she introduced her 'partner in truth' Karine Jean-Pierre as President Joe Biden's new press secretary.
Labor Market Starts To Crack: Jobless Claims Rise To 3 Month High
• Zero HedgeThe final pillar propping up the "strong US recovery" has cracked.
A Record Number Of Americans Just Quit Their Job, --
• https://www.zerohedge.com by Tyler Durden--As Job Openings Surpass Unemployed Workers By A Record 5.6 Million
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