Key topics:
✔️ ICYMI news, 4/3 - 4/7.
✔️You are digits on a screen to Corpo America and by their own admission, they are looking for a "pretty quick payback."
✔️Wages and open jobs are cooling off yet we still have no "official" proclamation of a recession. You already know - if you wait to be officially told something, you're waiting too late, IMO. By the time they admit that unemployment is not 3.6%, how bad will it actually be? Allegedly, we now have a 3.5% unemployment rate. 😒😣
✔️As the job market worsens, you have to consider how you behave on interviews. Are you a no show, no call 90% of the time and then blaming everyone else?
✔️Employee hoarding and bubbles.
Links:
https://tinyurl.com/3y2m98za
https://finance.yahoo.com/news/wsj-mcdonalds-close-offices-briefly-061814814.html
https://www.cnbc.com/2023/04/03/google-to-cut-down-on-employee-laptops-services-and-staplers-to-save.html
https://www.cnbc.com/2023/04/04/jpmorgans-jamie-dimon-says-banking-crisis-is-not-over-yet.html
https://www.cnbc.com/2023/04/04/jolts-february-2023-.html
https://www.cnbc.com/2023/04/05/adp-march-2023.html
https://finance.yahoo.com/news/gm-got-5-000-workers-093900703.html
https://www.cnbc.com/2023/04/06/layoffs-are-up-nearly-fivefold-so-far-this-year-with-tech-companies-leading-the-way.html
https://www.axios.com/local/nw-arkansas/2023/04/06/walmart-automation-layoffs-inflation
https://finance.yahoo.com/m/302277e1-d908-362b-9b2c-ebb0399bf844/bosses-want-hard-workers%E2%80%94so.html
https://finance.yahoo.com/news/imf-head-warns-world-economy-is-set-for-weakest-near-term-growth-since-1990-144205510.html
https://www.cnbc.com/2023/04/07/jobs-report-march-2023.html
https://www.cnbc.com/2023/04/07/federal-reserve-fed-inflation-jobs-report-unemployment.html
https://finance.yahoo.com/news/the-us-economy-is-still-creating-problems-for-the-fed-161620642.html
https://www.wsj.com/articles/these-tech-workers-say-they-were-hired-to-do-nothing-762ff158?mod=hp_lead_pos2
Links where I can be found: https://causeyconsultingllc.com/2023/01/30/updates-housekeeping/
Need more? Email me: https://causeyconsultingllc.com/contact-causey/