Independent thinking for complex markets and current events
The trend is real, historic, and growing. The number of Americans holding two full-time jobs reached 476,000, marking the second-highest level on record. The figure trails only December 2025’s all-time peak of 488,000. The trend represents a dramatic shift in the U.S. labor market, according to data shared by The Kobeissi Letter. Dual full-time employment …
America is experiencing a cost of living crisis that’s forcing families to make impossible choices between basic necessities. In this video we examine the collapse of economic stability through real stories: SNAP benefits being cut before major holidays, full-time teachers unable to afford living, and workers spending entire paychecks on utilities alone. We explore how …
American citizen breaks down in tears because she is now living in her car “for the foreseeable future” She has a job but rent prices are so out of control in America and you need 2.5x the rent to qualify for an apartment, she has to live in her car Illegal immigration and fake refugees …
by Michael I am so glad that I am not a young adult looking for a job in this very difficult economic environment. Every month, federal bureaucrats tell us that the unemployment rate in this country is low, but at this point everyone knows that the numbers that they give us are fake. The reality of …
Lufthansa Group has announced that it will shed 4,000 jobs by 2030 with the help of artificial intelligence, digitalization and consolidating work among member airlines. https://t.co/Dq7vbYG1ID — ABC News (@ABC) September 30, 2025 I think AI is the scapegoat here. The economy is collapsing. — Sina (@snsrap) September 30, 2025 FRANKFURT, Germany — Lufthansa Group …
Woman refused to work for 18 years so she could get her Section 8 Housing Voucher to pay for her home It was a new build home and now she owns it, paid for by taxpayers “I work with Section 8 — This girl who is a nurse who has turned down several jobs because …
During the GFC, we saw a noticeable crossover when part-time work increased and full-time work declined. Over the past year, we’re seeing a similar crossover slowly form. 👇🏼 pic.twitter.com/uez8lZaGWP — Kalani o Māui (@MauiBoyMacro) June 10, 2025 Full-time workers -623KPart-time workers +33K — zerohedge (@zerohedge) June 6, 2025 2/ The leading economic indicators (LEI) index …
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 …
A full-time worker, now homeless. This isn’t a rare case—it’s America’s new reality. Rent prices have skyrocketed, and landlords demand 2.5x income to qualify. American citizen breaks down in tears because she is now living in her car “for the foreseeable future” She has a job but rent prices are so out of control in …
SHOT and CHASER. Joy Behar falsely claimed on the View today that Elon Musk supported apartheid in South Africa. Later in the show, she attempted to walk back her comments admitting that she didn’t know if they were true and said “don’t be suing me, okay, Elon?” 🚨 SHOT and CHASER. Joy Behar falsely claimed …
ECON DATA: JOBS As the headline jobs added to the economy gets the attention, the real story is that we are near record highs for Americans working 2 jobs. •Americans working a Full time Job & a part time job near record highs. ECON DATA: JOBS As the headline jobs added to the economy gets …
🇺🇸 US number of full time employees -1.342 million or -1% YoY. In #recession territory! pic.twitter.com/0MMduVtl7r — Alex Joosten (@joosteninvestor) December 6, 2024 This is important: There are 883,000 more Americans unemployed now than a year ago. Sometimes you need to step back and look at the annual changes to see the bigger picture. The …
BREAKING: The number of people working MULTIPLE jobs in the US hit 8.66 million in September, a new record. This is ~300,000 above the peak seen before the pandemic and ~600,000 above the 2008 peak. Furthermore, the number of part-time jobs has jumped by ~3 million over the… pic.twitter.com/znOOEMR6Ln — The Kobeissi Letter (@KobeissiLetter) October …
With housing taking up so much income, it’s no surprise income needs to be that high to live comfortably. https://t.co/54chaQOUr6 — Reef Insights (@ReefInsights) August 20, 2024 Shocking stat of the day: A record 8.5% of homes in the United States are now worth $1 million or more. Over the last 4 years, this share …
What’s happening now is a troubling shift in the job market. Job openings are being filled as new entrants join the labor force and displaced workers find new positions. However, these job openings are not being replenished, leading to an uptick in the unemployment rate. It’s becoming increasingly difficult to find work, and unless the …
by confoundedinterest17 As some fans celebrate the Kansas City Chiefs Superbowl victory over the San Francisco 49ers (the game was so much like bread and circuses from the Roman Empire except for who is being thrown to the lions), we have been distracted from the horrible state of the US economy. Just review that horrible December …
The current administration’s job growth calculation includes multiple part-time jobs, highlighting a flawed system. Payrolls may show growth, but considering full-time and part-time workers separately reveals a nuanced reality. If you lose your full time job and have to take 2 or 3 part time jobs to keep paying your mortgage, the current administration counts …
by confoundedinterest17 Well, kiss that anticipated March rate cut goodbye. According to the BLS, total nonfarm payroll employment increased by 216,000 in December. But to quote Cousin Eddie from Christmas Vacation, “Now hold on to your wad.” While the headline screamed remarkable, please note that the civilian labor force actually declined. As did the Employment-population ratio (to …
The United States is facing significant economic challenges, with record-high rates of consumer defaults on credit cards and car loans, reflecting the financial strain on many households. WARNING: The consumer is borrowing more than they can afford Default rate on credit card loans from small lenders has spiked to 7.51% This level is higher than: …
by confoundedinterest17 I admit, Biden lies about everything. Like Biden saying he met with Israel Prime Minister Golda Meir during 1967’s Six-Day War, in which he claimed he served as a “liaison” between Israel and Egypt. He made the remarks during a menorah lighting at the White House Wednesday, apparently referencing a meeting he had with Meir just …
“Fantastic graphic showing that a record 447,000 Americans are now working 2 full-time jobs. Meanwhile, part-time employment has jumped by nearly 1.2 MILLION since June. The number of Americans working 2 full-time jobs is now ~33% higher than it was in 2008. Americans are taking on multiple jobs to fight inflation.” It's unusual to see …