https://www.zerohedge.com/markets/low-hire-no-fire-jobless-claims-unexpectedly-plunge-record-low
Stay strong on illegal immigration and the H1B1 visa scam.
Grow food and buy food from local farmers.
Avoid buying stupid stuff you don't really need. But if you do need it, try to find Made in America. I believe this will be ramping up soon.
Avoid big corporations as much as you can.
Help with voter integrity efforts.
Help with non-RINO Republican efforts (even though they are hard to find).
Home school your kids and help with the effort of other people homeschooling their kids.
Get into real, practical professions instead of parasitic bullshit.
Keep fit and healthy.
Be filled with the wonders of creation.
WHAT? YOU THINK YOU CAN'T HANDLE MORE WINNING? YES, YOU CAN!!
Why is this pinned?
We do realize that, when people stop giving up looking for jobs completely, they are no longer counted in the “jobless claims” totals, correct?
Shame on ZeroHedge for putting the explanation: “ Those wondering what was behind the unprecedented drop in claims, the answer appears to be a crash in New York State initial claims.” We should not be making claims that the country as a whole is doing better just because NY initial claims have fallen.
All the way at the end of the article.
This is not good news. This is not winning. This, as stated in the article, is AI replacing human workers and people not actively looking for employment.
What do other states look like in terms of claims? How many are repeat jobless claims? How many have dropped out of submitting and looking for a job completely?
Beware headlines claiming ~stellar hiring~ this summer, too. If they don’t report how many new hire are seasonal (temporary) vs. expected to be full time/permanent, they’re trying to fool you by saying hired summer help means the economy is thriving.
Economics 101 should be a mandatory course starting in high school. This is one of the most frustrating things about how our government pushes “economic data” to spin stories about economic conditions that are not reflective of the true economic reality.
I agree.
But perception matters a ton with the economy.
That's because it's human nature to operate off of perception. That's never going away in my view.
Mike Rowe is also a Champion of Trades and great careers for our youth. The Deep State strategically removed Trade Schools beginning in the early 71 timeframe and began in lower income areas and inner cities. How cruel. Now that America is going to make things again and In Source and loose "just in time delivery" many new career paths will develop. Alot of good things happening and on the way.
Trade schools have to be where we pivot or we’ll have a bunch over educated day laborers pissed off ai took the jobs “they thought” they were going to get.
*That’s a recipe for a violent revolt.
**Should have said “ That’s a recipe for more violent revolts”, because those are coming no matter what we do here. People need to realize that👆🏻
Driven by a crash in NY state, people probably leaving to go to better economies.
Mandingo doing his thing with the Gov to drive people out to greener pastuers.
Agreed with many of your points - but in terms of the unemployment data? Surging macroeconomic trends? Huge influxes of investments and tariffs? A lot of this stuff is extremely misleading... I'm seeing the opposite happen in the trenches. People that are industry veterans of 30+ years, peak of their career, quitting to find new opps and legitimately can't even get a call back from employers with 100's of applications sent out.
Private equity backed companies completely running out of revenue and unable to pay bills/invoices.
Budgets being frozen. Layoffs left and right.
It's quite literally insane. And maybe* it's just my area? Maybe there are other areas in the USA that are booming... but it sure as shit isn't here.
The lemmings that live around me are celebrating, saying stuff like "This is awesome! I work from home, but, AI mostly does my job for me! I'm getting paid to golf and do home improvements!" [Literally a quote from someone a neighborhood over from me]
Little does he know, it's only a matter of time before his employer has this same realization and he's fired/laid off.
Cost of living is WAY up. And I'm surrounded by people who would qualify as a walk-in for any Director/VP+ level in a company, who are going on multiple years of desperately trying to find jobs anywhere. Even jobs they're overqualified for.
Meanwhile, consumer and commercial debts are higher than ever before. The gap between home buyers and sellers is lopsided and showing a larger bias towards a flood of houses for sale/price decreases than before the 2008 housing crash.
I'm seeing absolutely no evidence of the macro level wins trickling down into the micro level tiers.
Again, it could just be my area... but, with 85%+ of Americans not having more than $500 in their savings? And seeing companies completely freeze up on budgets/spending/hiring? Overqualified people not being able to find a job for 2-3+ years?
The article sounds good in theory. And your advice is spot on. But I don't count the decline in jobless claims as a "win" personally. Feels more like people giving up and/or relocating before looking for work again.
Yesterday I had to choose between buying a new electric pencil sharpener or repairing an USA-made 60 year old one (called Boston Model 19) for a similar cost.
I chose the latter just to show my kids that old does not mean bad and it can always be repaired/maintained if one is willing to learn. Plus the new knowledge of repairing it gains self-confidence, is transferable with other products, and teachable with others. “Made in USA” has these intrinsic benefits as well.
Just getting warmed up. I am expecting GDP to hit 7% sometime before the midterms.
Right On!
God bless America and President Trump. I kind of like gave up about jobs so I have a part time as a substitute teacher. My profession is accounting and it is hard to find the job and I live in Florida. We have a lot of illegals with H1B1 visas. 🤬
Lots of dooming in the comments.
To the doomers I ask one question:
"How do living conditions now compare to those at Valley Forge?"
And I’d like to add, use cash for in person transactions as much as possible.
🎵🎵Froggy went-a-ICE-ing and he did fine....🎵🎵🎵