Always how a #Recession starts, I know, I was in college for one and graduated into a job market where even the best candidates could barely find employment.
My first job was 80-100 hours a week for 30k a year. No joke.
I did have boomers tell me they had it worse though pic.twitter.com/mjMmq4WHED
— 🤠Rabbi Weimar Silver Baron 🤠 (@BankerWeimar) December 18, 2024
Global Central Bank Update:
-Chile cut rates for the 11th time in their easing cycle, 25 bps move down to 5.00%.https://t.co/rQuXrxVpWs pic.twitter.com/8qcY5kZZmc— Charlie Bilello (@charliebilello) December 18, 2024
The German IFO employment barometer looks abysmal for 2025, and we expect a net reduction in employment over the next 6-8 months
With ECB priced to cut rates 5-6 times in 2025, that seems mostly factored in. pic.twitter.com/YgzYNOpJSR
— Andreas Steno Larsen (@AndreasSteno) December 18, 2024
Trend hiring in the US is worrying and while we have remained in a "low hiring, low firing" economy for six months straight, we need hiring to rebound substantially NOW to avoid a pretty sharp increase in the unemployment rate in 2025 pic.twitter.com/0jOCH4N0Vp
— Andreas Steno Larsen (@AndreasSteno) December 18, 2024