Devastating Layoffs Lead U.S. Economy Into Unimaginable Challenges
Following the November Jobs report, let's dig into the real story under the hood. In this video, I'll discuss devastating layoffs that lead the U.S. economy into unimaginable challenges. Banks are facing a looming liquidity crisis and small businesses are laying off the most workers.
â–¶ TIME STAMPS
00:00 Intro
1:05 Jobs Report Overview
3:24 U.S. Layoffs Increasing
7:07 U.S. Banks Face Liquidity Crisis
10:37 Economy Near Future
12:05 Summary
13:00 Outro
â–¶ VIDEO NOTES
Job cuts surge 127% in November as companies brace for an economic downturn
Employers announced plans to cut 320,000 jobs this year, analysis shows - https://www.foxbusiness.com/economy/job-cuts-surge-november-companies-brace-economic-downturn
Liquidity Crisis Looming - https://seekingalpha.com/article/4178715-liquidity-crisis-looming
Fed tightening points to liquidity pressures, credit concerns on the horizon - https://www.spglobal.com/marketintelligence/en/news-insights/research/fed-tightening-points-to-liquidity-pressures-credit-concerns-on-horizon
A 'real recession' is likely in 2023, with 'layoffs filtering through the economy' - Will Rhind
Click here to read the entire article - https://www.kitco.com/news/2022-12-02/A-real-recession-is-likely-in-2023-with-layoffs-filtering-through-the-economy-Will-Rhind.html
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â–¶ ABOUT THE CHANNEL
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â–¶ KEYWORDS
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#economicnews #economiccollapse #economy
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