unemployment

American Economy: How Millions of Missing Workers Cope Without a Job

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Fears of a recession have grown in latest weeks as inflation continues to place stress on family budgets and the Federal Reserve seems poised to boost rates of interest and additional sluggish the economic system. Nevertheless, as in case you fortunately did not know, the job market has been thriving. Hiring final month beat expectations … Read more

BofA warns of impending unemployment shock and recommends selling shares

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Financial institution of America (BofA) analysts warn of the collapse of the US job market and a doable rise in unemployment subsequent 12 months. Additionally they advisable promoting a inventory market rally forward of the seemingly spike in job losses. “Bears (like us) are involved that unemployment in 2023 might be as impactful to common … Read more