The designated losers of monetary policy. There are a lot of them.
Humans need not apply.
The word “gloomier” inconveniently shows up to describe CEOs’ outlook.
The Fed’s policies have rewarded financial engineering at the expense of job creation.
Reader speaks up: “Those 2 years of unemployment were the darkest moments of my life.”
A whole system with convenient low-cost tools.
“Lies, Damn Lies, and Statistics”
Tech companies are on a white-hot acquisition binge, swallowing anything that isn’t nailed down. But layoffs have started soaring. And it’s getting worse.
35,000 M&A deals will likely be made this year, promising “efficiencies” and “synergies,” hence job cuts. So Microsoft, which bought Nokia’s handset unit, is planning the largest in its history…. The M&A frenzy of 2007/8 was followed by the Great Jobs Crisis!
‘Hours Worked’ plunged in the second quarter at a rate last seen during the middle of the Great Recession, a terrible harbinger of GDP.