The job market is falling off a cliff.

The job market is falling off a cliff.
Most my friends that got laid off can’t apply for unemployment until severance runs out. Biden admin mandated 2 months WARN nationwide.

There is a lag in the employment data no one (except DDB at QI) talks about!!!!

Recession is here folks

— Richard Nixon (@TheGoldWindow) March 27, 2024

Same # as those who delude themselves into believing Powell’s folded like a deck of cards

Let’s SOCRATES this

1) CRE LOSSES @ GFC HIGHS?

2) BANKRUPTCIES @ GFC HIGHS?

3) LAYOFFS @ GFC HIGHS?

4) C&I LOANS DOWN YoY?

5) WAGE DISINFLATION?

6) CONSUMER DELINQUENCIES @ GFC HIGHS? https://t.co/1UWCmiEGyZ

— Danielle DiMartino Booth (@DiMartinoBooth) March 27, 2024

Layoff announcements rose 410% year-over-year in February, according to data from the career coaching firm Challenger, Gray & Christmas, the worst February recorded since 2009.

— unusual_whales (@unusual_whales) March 26, 2024