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U.S. GDP growth misses forecast, layoffs surge in September

October 30, 2024 6:34 pm by Alex

I work for an oil and fuel distributor and things have been slowing down rapidly with all industries we serve

— Oliver Cromwell (@__Wait_for_it_) October 30, 2024

BREAKING: US layoffs jumped by 160,000 in September, to 1.83 million, the second-highest in 4 years. pic.twitter.com/V0BrIOnFzo

— Win Smart, CFA (@WinfieldSmart) October 30, 2024

See also  Average US household expected to pay 792 dollars for electricity from June to September 2026.

Sources

  • U.S. Bureau of Economic Analysis (BEA) – GDP Report
  • Federal Reserve Bank of Atlanta – GDPNow Model
  • Bureau of Labor Statistics – Job Openings and Labor Turnover Survey (JOLTS) Report
  • U.S. News – Job Openings Fell in September to a 3 1/2-Year Low
See also  Technology Layoffs SKYROCKET | 400,000 FIRED

 

Tags forecast., growth, layoffs,, misses, september, surge
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