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Another Bidenomics Report Bites The Dust! Challenger Jobs Cuts Increase By 267% YoY (Biden Bowl?)

August 31, 2023 10:30 am by Alex

by confoundedinterest17

Another (economic report) bites the dust!

U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022,

As M2 Money growth collapses to Great Depression levels. Instead of The Dust Bowl, we can call this The Biden Bowl.

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This great meme can be replaced by “Our President is as cold as your ex’s heart.”

See also  June jobs report reveals weakening labor market with rising long-term unemployment and shrinking participation despite headline gains in government and low-wage sectors
Rob Schneider: The left wants to destroy everything they don’t agree with
“We currently are earning less and spending more (adjusted for inflation) than at the worst point of the Great Depression”
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News Wire:

China’s producer prices fall 3.6% in June, biggest drop in nearly two years as deflation deepens

IRS: Churches can now endorse political candidates without losing tax-exempt status…

Supremes greenlight large-scale govt agency staff cuts…

Just hours before this FBI announcement, the house in NH that Ghislane Maxwell was found at gets listed the market for $2.5M.

ER visits for tick bites near record levels this summer across US

Tesla outlook is much worse than you think.

50 percent tariff on copper.

Trump signs federal hiring freeze.

PM Netanyahu is meeting with President Trump, JD Vance, Marco Rubio and Pete Hegseth over the next 3 DAYS in DC

Google Bets Big on Nuclear Fusion.

A White House Cabinet meeting is officially scheduled for tomorrow at 11 AM.

See also  Companies are in lock down mode, reluctant to hire anyone right now. US challenger 1H 2025 job cuts at 744,308, most since 1H 2020. The trend is clear.

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Elon crashing out on Donald and Scott Bessent hard.

Nvidia is just 2.75% away from becoming the first $4 Trillion Company in history

Nvidia-backed CoreWeave to buy crypto miner Core Scientific in $9 billion deal

Estimated 100 billion gallons of rain fell on Kerr County July 4. That’s more than Niagara Falls’ daily flow

The Department of Homeland Security is closely monitoring a series of attacks near ICE facilities in Texas and Oregon.

Southern Ocean current reverses for first time, signalling risk of climate system collapse

Homeowners Who Gambled on Lower Rates Are Paying the Price

Switzerland will vote on a 50% inheritance tax for the ultra-wealthy in November

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India tells WTO it may impose retaliatory tariffs worth $724 million on U.S. imports

Mexico braced for Trump’s mass deportations. They haven’t happened…

President ramps up spectacle with new stunts and ICE funding…

It’s a good start.

UN Slams Trump on Education, Demands Globalized Control

House Speaker Mike Johnson said more legislation is coming after the passage of the “One Big Beautiful Bill.”

Elon Musk Shares More Details About His Plan to Create New Political Party and Become ‘Deciding Vote on Contentious Laws’

Every U.S. child will receive a $1,000 S&P 500 starter account at birth once President Trump signs the ‘BBB.’

Just half of Democrats consider themselves patriots, compared to 91% of Republicans, poll reveals

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