Re:Is America's jobs market nearing a cliff?
by AnimalMuppet on Sunday November 30, 2025 @08:58PM
(#46102613)
It may, a bit. If the 401k is in the stock market, and the stock market is down, their total visible money is down. That tends to decrease enthusiasm for spending.
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Re:Is America's jobs market nearing a cliff?
by bryanlarsen on Sunday November 30, 2025 @09:22PM
(#46102778)
It may also affect it a lot. Retirees I know have a retirement plan that involves their retirement accounts being at a specific level at the end of each year. If their accounts are over that level because the stock market had a good year, they consider it funny money that they're allowed to spend.