SCE Labor Market Survey: The proportion of individuals who reported searching for a job in the past four weeks rose to 28.4% from 19.4% in July 2023, highest since March 2014. The average expected likelihood of becoming unemployed in the next four months reached a series high.

Source: https://www.newyorkfed.org/microeconomics/sce/labor#/ TLDRS: The Federal Reserve Bank of New York’s July 2024 SCE Labor Market Survey reveals significant changes in the job market, with 28.4% of individuals actively searching for jobs, the highest level since the survey’s inception in 2014. The rise in job searches was particularly pronounced among those over 45, without a college degree, …

READ MORE

Pushin’ Too Hard? Strategic Petroleum Reserve Draining To Combat Biden’s Energy Policies (Crude Oil UP 73% Under Biden, Food UP 21%, Rent UP 19.4%, Cocoa UP 136%, Mortgage Rates UP 156%)

by confoundedinterest17 Bidenomics is really about insane money printing after Covid and the installation of Biden as President. Biden and The Federal Reserve are both pushin’ too hard. Biden to fundamentally change the US and The Fed trying to cope with the inflation reaction. With Covid and then Biden’s selection as President, Federal outlays exploded …

READ MORE

Bidenomics 101 (Hand To Mouth): 61% Of Americans Living Paycheck To Paycheck With Unsustainable Debt Levels, Up 19.4% Under Biden (50,000 U.S. Stores Likely To Close By End Of 2027)

by confoundedinterest17 Bidenomics is forcing Americans to live hand to mouth. Or as Lou Chrisite sang, “Lightning Strikes …. Americans” leaving them worse off under Bidenomics. The cost of living has been soaring, and our standard of living has been steadily going down. Coping with inflation is tough for American households where consumer debt is up 19.$ under …

READ MORE

Uh-oh! It looks like you're using an ad blocker.

Our website relies on ads and the generous support of readers like you to keep delivering free, high-quality content. Right now, we are facing serious funding challenges and we need your help more than ever. Disable your ad blocker and this message will vanish. You can also sign up for a membership to enjoy an ad-free experience while supporting our work: https://citizenwatchreport.com/plans/subscriptions/ Your support helps us stay independent, continue our work, and keep content free for everyone. We truly appreciate your understanding and thank you for standing with us.