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 …

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US Industrial Production Is Flat YoY In March

by confoundedinterest17 Watch KJP launch into song about March’s Industrial Production report. “The economy is going loop-de-loop.” In actuality, it rose by zero. US Industrial Production rose 0.4% MoM in March – as expected – which was… wait for it… the same …

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Massive Aggressive Layoffs Coming In March

Aggressive Layoffs Coming By March, Economy On Last Legs | Danielle DiMartino Booth with The David Lin Report Companies could be expected to ramp up layoffs come March, according to research by Danielle DiMartino Booth, CEO of QI Research. https://www.youtube.com/watch?v=ovXaIFPy-ks