More layoffs are on the way, survey of business economists finds | CNN Business

Just 12% of economists surveyed by the National Association for Business Economics anticipate employment will increase at their firms over the next three months, down from 22% this fall. The share of economists expecting payrolls will decline at their companies ticked up to 19%, according to the survey, which was conducted January 4 to January 11.

said this is the first time since 2020 that more respondents anticipate shrinking, rather than growing, employment at their firms. The findings indicate “widespread concern about entering a recession this year,” Julia Coronado, president of and president of MacroPolicy Perspectives, said in the report. The survey found that slightly more than half of the business economists who responded peg the risk of a recession over the next year at 50% or higher, with the biggest risks including higher interest rates and costs. A flurry of layoffs have hit the economy in recent weeks, including ones announced on Monday by Spotify and Rubbermaid parent Newell Brands.

survey include: The silver lining is that inflation, the biggest problem in today’s economy, continues to ease. said its index for materials costs is down sharply from the record-high last summer to the lowest level in two years. And economists indicate they expect material costs to keep dropping.

Joe says economy is doing great though guys 🤡🤡🤡

Thanks the the Fed

CNN IS RACIST

Learn to code 🤣🤣🤣

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Here are the companies that have laid off employees this year -- so far | CNN BusinessJust this week, Alphabet, Google's parent company, Microsoft and Vox Media announced layoffs that will affect more than 22,000 workers. JoeBidensEconomicRecovery But I thought the economy was the best it’s been in decades? So why all the layoffs? Biden says the economy is flourishing under his watch. Reported job cuts must be misinformation and a threat to our democracy. 😂😂😂
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

Watch Aubrey Plaza give a tour of 'SNL' | CNN Business“I was actually voted the most famous person from Delaware. I beat Joe Biden.” SNL host Aubrey Plaza shared on honor she received from her home state. Shared *an honor. Also, 10% held by H for the Big Guy. ⚡️ Unrest As Rema - Calm down shutdown stadium ft. Ronaldo fr. Messi via YoutubersC9 biden is infamous
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

Microsoft is laying off 10,000 employees | CNN BusinessMicrosoft plans to lay off 10,000 employees as part of broader cost-cutting measures, the company said in a securities filing on Wednesday, making it the latest tech company to reduce staff because of growing economic uncertainty.
Источник: ALNewsNetwork - 🏆 583. / 51 Прочитайте больше »

How Big Tech's pandemic bubble burst | CNN BusinessIn January 2021, Microsoft CEO Satya Nadella spoke in lofty terms about how the first year of the pandemic had sparked a staggering shift toward online services, benefiting his company in the process. 'What we have witnessed over the past year is the dawn of a second wave of digital transformation sweeping every company and every industry,' he said. This is a false narrative. Just like retail did during holidays, the tech industry hired contractors to build out a sustainable network when locked down. Now people are going back out and don't spend as much time indoors. CNN is trash. yo! my email is iamsmith539gmail.com CNN FakeNews fakepandemic BigTech
Источник: CNN - 🏆 4. / 95 Прочитайте больше »

Here's what will happen to the economy as the debt ceiling drama deepens | CNN BusinessAfter the US hit its debt ceiling, the Treasury Department is now undertaking “extraordinary measures” to keep paying the government’s bills. So what would happen to the economy in a worst-case scenario of default? a more informative question would be 'what's more likely to happen' instead of the worse case scenario. Govt takes in close to 5T a year. How about spend 4.9T? 🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍🐍 CNN sucks.
Источник: CNN - 🏆 4. / 95 Прочитайте больше »