FHN Financial chief economist takes a closer look at consumer confidence falling for the second straight month on 'Making Money.'
So far this year, employers announced plans to cut more than 320,000 jobs, a 6% increase from the nearly 303,000 cuts announced in the equivalent time period last year. About 80,000 of the cuts this year stem from the technology sector. Job seekers visit booths during the Spring Job Fair at the Las Vegas Convention Center Friday, April 15, 2022.A growing number of companies, particularly in big tech, are battening down the hatches as they warn of a grim economic outlook.
Economists widely expect the Fed to trigger a recession with higher interest rates, which could force consumers and ultimately businesses to pull back on spending.
But, Biden says the economy is the best it has ever been and he is the greatest president ever, how can this be true. Joe wouldn’t lie to us, would he?
Yet so many places looking for workers.