Re:Over 50% of CEOs say they’re considering cutting jobs ove...
by ren_engineer on Wednesday October 05, 2022 @05:02PM
(#33101226)
>informing me on whether we're heading into a recession or not
look at consumer debt levels and how several major banks in Europe are ready to blow up, not a sign of a healthy economy. Unemployment rates are a lagging indicator for recessions, companies don't start laying people off until revenue takes a hit. The Fed has outright said they are going to keep raising rates until people start losing jobs so inflation declines.
look at consumer debt levels and how several major banks in Europe are ready to blow up, not a sign of a healthy economy. Unemployment rates are a lagging indicator for recessions, companies don't start laying people off until revenue takes a hit. The Fed has outright said they are going to keep raising rates until people start losing jobs so inflation declines.