Bank of America warns U.S. economy could begin shedding 175k jobs per month next year: Report

Bank of America warns U.S. economy could begin shedding 175k jobs per month next year: Report

Artic Blast Overview: Relief. Freedom. Release From Pain. In 54 Seconds. Get your life back...Without pills or surgery. Learn More: http://bvyml.bemobtrcks.com/go/76680f19-d7df-44c4-8fb1-1c018be05193

Keep Your Family Safe From Mosquitos Without Using Chemicals: http://bvyml.bemobtrcks.com/go/c696e3db-781e-4543-b2e1-23e4e4b03b6a

Be one of the first to receive the debut presidential-edition 2024: The Revenge Tour watch (not available in stores!) GO HERE TO CLAIM: http://bvyml.bemobtrcks.com/go/bf6bf902-cdb2-4db8-bd7c-42adaa0b416f

Bank of America last week reportedly warned clients that its analysis of the U.S. economy points to a likely difficult recession beginning early next year. 
The bank said in a client meeting that "nonfarm payrolls will begin shrinking early next year, translating to a loss of about 175,000 jobs a month during the first quarter," CNN reported on Monday.
"Charts published by Bank of America suggest job losses will continue through much of 2023," the news network claimed.
Analysts have been raising alarm bells that the Federal Reserve's aggressive attempts to tamp down spiraling inflation—via increased interest rates—could lead to...
Source: https://justthenews.com/nation/economy/bank-america-warns-us-economy-could-begin-shedding-175k-month-next-year-report?utm_source=justthenews.com&utm_medium=feed&utm_campaign=external-news-aggregators