Its Over, page-21483

  1. 21,758 Posts.
    lightbulb Created with Sketch. 2023
    ...does this look like soft landing to you?

    By job opening type - white-collar jobs have entered contraction and blue-collar jobs remain about 17% higher than Feb 2020 levels.

    The Fed began hiking in March of 2022.

    https://x.com/MacroEdgeRes/status/1782914319795073449

    ..and in just the past 12 hours, MacroEdge reported:

    *State Street, the largest custodian bank in the world, is gearing up for layoffs that will reportedly begin as soon as next week

    *Solar giant Sunpower will cut 1,000 jobs which is about 30% of their total workforce

    *The University of Pittsburgh Medical Center is laying off over 1,000 employees

    *Yum Brands has reportedly announced massive job cuts and a reorganization, the Chief Strategy Officer has also resigned

    *Whirlpool is cutting over 1,000 jobs in the United States
 
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