We are in a recession!
⚠️This is HUGE:
1.2 MILLION people lost full-time jobs in the US in February, the 2nd-highest reading since the 2020 CRISIS.
This comes after January upward revision of 2.4 million due to historic population adjustment.
Is the US job market cracking?👇https://t.co/3owdJozuXU
— Global Markets Investor (@GlobalMktObserv) April 1, 2025
🚨US RECESSION ALERT:
66% of Americans expect higher unemployment over the next 12 months, the highest share since the GREAT FINANCIAL CRISIS.
Such sharp spikes have never occurred outside of recessions.
The US job market is set to get worse pretty quickly. pic.twitter.com/TLFeEZBtNV
— Global Markets Investor (@GlobalMktObserv) March 31, 2025
‼️US job postings are PLUMMETING:
Job postings on Indeed dropped to the lowest level in 4 YEARS at the end of March.
Moreover, new job postings hit near the lowest level since December 2020.
Both have been declining for 3 years now.
The US labor market continues to weaken. pic.twitter.com/ANGwTpnDNe
— Global Markets Investor (@GlobalMktObserv) April 1, 2025
You don’t need mass layoffs to break the system when we are seeing:
▫️Roles open 90+ days with no intent to hire.
▫️Interview loops dragged out 6+ weeks with zero outcomes.
▫️Private CapEx revisions down for the 3rd straight quarter.
This is classic workforce paralysis at…
— Amanda Goodall (@thejobchick) March 31, 2025
People are losing their jobs. And it will only accelerate. By the end of the year at the latest, the huge impact will be felt. pic.twitter.com/r75Xfe2H7v
— Chubby♨️ (@kimmonismus) April 1, 2025
Summarizing:
– Nobody is quitting because they are afraid they won’t find a job
– Hiring is very slow (consistent with unemployment >5%)
– Layoffs are slowly picking up
And now let’s throw tariff uncertainty and some fiscal drag on the economy.
What could go wrong?
— Alf (@MacroAlf) April 1, 2025