US hiring rate is hitting 2008 recession lows
>>61786302unironically over for SAYLOR
no shit sherlockwe are in a recession since 2022
>>61786302Bidens hireing rate!
economy sucks, trump is a failure, ho hum
>>61786308Shhh, all good goys! Ai will save us out in tumor weeks to flatten the curve!
>>61786315Nono, see here u transexual creature:>>61786314
>>61786302Goyim aren't people they don't need them
>>61786317AI = Another dude in Indiai work in an outsourcing company, AI isn't doing shit we are only relocating to poorer countries every 5 years
>>61786347Ofc its a neme, but we need to give altman another 5000000000000000000$ to save us!
>>61786302Liberal companies are doing this to destroy Trump's success. At the same time they hire illegals to do the work.
Yield curve, Sahm rule, heavy truck sales, unemployment all look sus. Any others I missed?
>>61786581What is this, a list of failed recession indicators? Kek.
>>61786581young women going for older men
>>61786581hot young sluts working humiliating jobs
>>61786589Seems like it. They're all saying we're in one or have been in one recently but technically we're not as we've still had growth.
>>61786600I still remember the recession niggers spamming the board about the Sahm rule some years ago
>>61786598I'm going to need some pictorial evidence from previous recessions
>>61786600(the growth is all gaynigger AI data center construction funded by debt expected to be repaid by AI profits that likely will never materialize)
>>61786600AI is bringing is the cause for such. And it will keep producing Value, while disbelievers seethe.
all the idiots in this thread don't realize its because EVERYONE ALREADY HAS A FORCED JOB
>>61786598Hot young sluts working two or more humiliating jobs! Long live the recession desu
>>61786613This needs an acronym
>>61786308Nah dudeStrongest economy ever!The hiring rate is simply that low because everyone already has a job. If you don't then that's a (You) problem.
>>61786302doesn't this mean bull market for stocks? someone post the cramer pic
>>61786613the best part about 'ai profits' is the expectation is all the people laid off by ai will somehow decide to buy aiit's the great confluence of jew bankers trying to impoverish you with mbas who are totally clueless as to how supply and demand works
That's bidens economy. Stock market is Trump's, employments Biden, please keep up
>>61786796i hope it all collapses and i get to see AI CEOs and their families lynched to death
>>61786302only a huge recession can stop gold and silver from going up
Someone will have to deal with the mass offshoring to South Asia at some point
>>61786302Hiring rate can be low and not be recessionary… No immigration + deportations + declining birth rates = there are not enough people to fulfill jobs = UE will not go up. There are clowns who are STILL talking about recession from 2022. Throw out all that deflationary mumbo jumbo bullshit you learned from 2000-2020. We live in a structurally inflationary regime now. The deflationistas have been wrong for half a decade
>>61786939Since when has anything been deflationary? This is a government and system that worships 2-3% inflation.
>>61786921we will go to live in India and take their IT jobs lol
>>61786952>worships 2-3% inflationWith good reason. Deflation is epically bad, it's a death sentence for an economy. Look at Japan for an example, they tipped into deflation for 1 quarter in 1990 and *never* recovered.
>>61786308"recession" has lost its definition chud
recession will continue until rates go back to near 0
>>61786302This shit country is unironically fucked.
>>61786978Japan is a shitty bug hive where the people have little autonomy.Japan would suck with inflation as well.
>>61786302I voted for this
>>61786308>Recession>Checks GDP>Checks unemployment>Checks median earnings>Checks inflationBy what measure?
>>61788433Vibes recession.
>>61788433BLS is reporting misleading data thoughbeit
>>61786302That covid dildo
>>61786347AI = Actual Indian
>>61788433Goodhart's Law.
>>61788552Ok then who has the real data?
>>61786308We've been in a recession since 1971, but were so insanely prosperous at the time its only really hitting major catastrophe levels that can't be glossed over now
>>61786302>retrain for...>*checks notes*>... truck driving and machine operating
>>61790065>mechanical engineering is a trade that doesn't require a college degreethis guy sounds like he knows what he's talking about.
>>61790065>mech. e>trade
>>61786302How are finance jobs holding? t. About to graduate in 3 months
>>61786591This happens regardless of economic performances >>61786598Work itself is already humiliating
Hasn't there been 0 job creation in the last year? kek
Hiring rate is lowBut also firing rate is lowNo one is moving jobs which I guess is a bad thing? But OP is clearly trying to make it look a lot worse by knot showing the hiring side, don’t be a zoomer like him
>>61786893>gold and silverThese will be the only two assets gaining value during the recession.
>>61790870>How are finance jobs holding?lol
>>61791244>No one is moving jobs which I guess is a bad thing?the real issue is wages don't match productivity or keep up with cost of living. both issues are complicated in their own right. >But OP is clearly trying to make it look a lot worse by knot showing the hiring side, don’t be a zoomer like himthat can be inferred from the unemployment and labor participation rates, which actually aren't that bad though unemployment doesn't have a whole lot of room to move up for it to be considered 'good'.
>>61786302Recessions are good for autists.Recession = companies hiring based on skills, desperate to find people who actually know what they're doing.Boon = companies laugh nerds out of the room so they can curate their own social circle of attractive women and guys who they want to be their friend.
>>61786598NGL, I have noticed more attractive women working random shit like retail and takeout places lately.
>>61791244This is the pattern that proceeds a recession retard, layoffs go up slightly as they currently are then you will see more layoffs then mass layoffs and then you're in a recession the point from layoffs to mass layoffs happens very quickly, job losses don't stabilize they reach a peak then slowly go back up
>>61786978>Deflation is epically badNever been convinced by this.Wats wrong about being able to afford more next year? Not being stressed out of being priced out, and money being forced to flow into useful endeavors.>affordable housing>no more woke bs>consumers forced to carefully ponder every purchase
>>61792583Simple. It's bad for banks that need cash flowing in and out to make profits.
>>61786952>ze price stabilité
Should I quit my white collar advertising job and start over as a Union Electrician at 43? Or just take their money while I can.
>>61792679Take the pay, buy silver, wait.
>>61792679buy physical shiny rocks. don't buy paper and imaginary bullshit that provides no value to the world whatsoever.
>>61792583>Wats wrongDuring deflation, the surest winning move is to put your cash under your mattress and let it appreciate. Which pisses off the {{{bankers}}}, sure, but it also means that money disappears from the market where it can do useful work and goes under mattresses where it does fuck-all, and the economy contracts more which makes more people yank their money under their mattress, which makes the economy contract more, and the whole thing goes into a death spiral.
>>61786698Everyone is "job hugging" right now. No one can find new jobs, even if they want one.
>>61792679No u retard>>61792798>death spiralAt the end of day, I still to buy food, insurance, pay the rent or fix the roof and spend some sheckels on whatever my current hobby is. At some point all these things find a floor.Only thing that would truly death spiral is the slop economy as well as my cortisol levels (if employed lmao)
