How is the Economy Doing Right Now?

Say it aint so · Jan 28, 2026

NxNW said:
View attachment 374618

Makes sense. Kind of like covid. If we just stop testing covid we wouldn't have bad covid numbers.
So in light of that, if we quit noting how high prices are people wouldn't talk about how high prices are.

essentialsaltes · Jan 28, 2026

The International Monetary Fund is preparing for the possibility of a rapid sell-off of US dollar-denominated assets, its managing director, Kristalina Georgieva, said on Monday.

The greenback’s value has fallen more than 9% against a basket of other currencies since Trump’s return to the White House in January 2025. The dollar’s decline against the euro has been even steeper, at just under 12%.

essentialsaltes · Jan 28, 2026

Fed holds key interest rate steady as economic view improves

“Available indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained low, and the unemployment rate has shown some signs of stabilization,” the post-meeting statement said. “Inflation remains somewhat elevated.”

essentialsaltes · Jan 29, 2026

essentialsaltes said:
Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

HP between 4,000 and 6,000
Verizon more than 13,000
General Motors about 1,700
Paramount about 2,000
Amazon about 14,000 corporate jobs
UPS about 48,000
Target bout 1,800
Nestlé 16,000 jobs globally
Lufthansa Group 4,000
Novo Nordisk 9,000
ConocoPhillips up to a quarter of its workforce
Intel thousands of jobs
Microsoft about 6,000
Procter & Gamble up to 7,000

That was November

Here's a new pile of layoffs.

Layoffs are piling up, heightening worker anxiety. Here are some of the biggest recent job cuts

Dow 4,500

Amazon 16,000

UPS 30,000

Tyson Foods 3,200

essentialsaltes · Feb 2, 2026

essentialsaltes said:
The International Monetary Fund is preparing for the possibility of a rapid sell-off of US dollar-denominated assets, its managing director, Kristalina Georgieva, said on Monday.

The greenback’s value has fallen more than 9% against a basket of other currencies since Trump’s return to the White House in January 2025. The dollar’s decline against the euro has been even steeper, at just under 12%.

Say it aint so · Feb 2, 2026

China's 2025 trade surplus set a staggering $1.2T record

'In the first 10 months of 2025, the [U.S.] trade deficit totaled $782.8 billion, up 8% from $726.8 billion in the first 10 months of 2024.'

essentialsaltes · Feb 5, 2026

US Companies Announced Most Job Cuts for Any January Since 2009

US companies announced the largest number of job cuts for any January since the depths of the Great Recession in 2009, according to data from outplacement firm Challenger, Gray & Christmas Inc.

Companies last month announced 108,435 job cuts, a 118% increase from a year earlier. The report on Thursday also showed hiring intentions slid 13% from a year earlier to 5,306 — marking the weakest total for any January in the firm’s records back to 2009.

camille70 · Feb 13, 2026

Why Trump’s immigration crackdown isn’t boosting hiring

https://www.cnn.com/2026/02/13/economy/trumps-immigration-jobs-hiring

As it turns out, there are a lot of complicated factors keeping unemployed Americans on the sidelines. Chief among them is lower demand overall from removing people from the United States and stopping new immigrants from entering.

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Last year, between 200,000 and more than 1 million immigrants in the United States stopped working, according to different analyses of Census Bureau data.

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But as immigrants left the workforce, the unemployment rate for native-born Americans didn’t fall. In fact, the rate jumped to 4.7% in January from 4.1% the year before, according to Wednesday’s jobs report. That not only exceeds the overall unemployment rate of 4.3%, but also the 4.6% rate for foreign-born workers.

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Given how frequently Trump changes tariff rates, employers have been hesitant to take on more workers.

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Native-born American workers are also contending with employers looking for automated solutions, like AI, to deal with all those pressures.

camille70 · Feb 13, 2026

Hard-up Americans are selling their blood to cope with the cost of living crisis

Over 200,000 people a day are exchanging their plasma for cash across the country, up 30 percent in four years, according to new research

Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.

Hard-up Americans are selling their blood to cope with the cost of living crisis

Over 200,000 people a day are exchanging their plasma for cash across the country, up 30 percent in four years, according to new research

www.independent.co.uk

Middle-class Americans are selling their plasma to make ends meet

Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.

www.nbcnews.com

Aryeh Jay · Feb 13, 2026

camille70 said:
Hard-up Americans are selling their blood to cope with the cost of living crisis

Over 200,000 people a day are exchanging their plasma for cash across the country, up 30 percent in four years, according to new research

Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.

Hard-up Americans are selling their blood to cope with the cost of living crisis

Over 200,000 people a day are exchanging their plasma for cash across the country, up 30 percent in four years, according to new research

www.independent.co.uk

Middle-class Americans are selling their plasma to make ends meet

Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.

www.nbcnews.com

Yep, and you get a cookie and juice.

Pommer · Feb 14, 2026

camille70 said:
But as immigrants left the workforce, the unemployment rate for native-born Americans didn’t fall. In fact, the rate jumped to 4.7% in January from 4.1% the year before, according to Wednesday’s jobs report. That not only exceeds the overall unemployment rate of 4.3%, but also the 4.6% rate for foreign-born workers.

Who knew that taking a million workers out of an economy would cause contraction of a healthy, robust 4% GDP to an anemic 2.0%?
(Yes the “text” says 4.0, the chart sez 2.0%)

Pommer · Feb 14, 2026

camille70 said:
Hard-up Americans are selling their blood to cope with the cost of living crisis

Over 200,000 people a day are exchanging their plasma for cash across the country, up 30 percent in four years, according to new research

Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.

Hard-up Americans are selling their blood to cope with the cost of living crisis

Over 200,000 people a day are exchanging their plasma for cash across the country, up 30 percent in four years, according to new research

www.independent.co.uk

Middle-class Americans are selling their plasma to make ends meet

Last year, people in the U.S. made an estimated $4.7 billion selling their plasma. Donation centers are popping up in middle-class neighborhoods, including suburban strip malls and college towns.

www.nbcnews.com

There’s usually no such thing as a “plasma glut” (I’d bet), but the market will self correct and then even this “source” will dry up.
So there’s that.

NxNW · Sunday at 7:08 PM

https://archive.is/20260212210956/https://fortune.com/2026/02/12/stocks-wall-street-us-jobs-number-fed-rate-cuts/

Some folks on Wall Street think yesterday’s U.S. jobs number is ‘implausible’ and thus due for a downward correction

S&P 500 futures were up 0.32% this morning after the index closed flat yesterday at 6,941. Investors seem to be buoyed by the strong job-market numbers published yesterday by the U.S. Bureau of Labor Statistics. With unemployment falling from 4.4% to 4.3%, many Wall Street analysts are saying that this means the U.S. Federal Reserve is now less likely to cut interest rates further.

Some of them think the labor market is now so tight that the Fed may even raise rates (a scenario likely to provoke rage from President Donald Trump).

But, as always, the devil is in the details. A couple of analysts are worried that the latest number might be wrong, and that the level of job creation in the U.S. is lower than the stats suggest.

First, the number of jobs added in January—130,000—was roughly double analysts’ expectations. Analysts aren’t always right, of course. But it is interesting that the reported number was way out of line with economists’ estimates.

Second, the BLS revised downward the number of jobs it previously reported for 2024–25. The real number was just 181,000, the agency said, and not the 584,000 it had estimated earlier.
That suggests the January number may also be revised downward in the months to come.

camille70 · Wednesday at 3:32 PM

We lost 15k farms in 2025.

Vid.

https://x.com/factpostnews/status/2024189257598796247?s=20

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How is the Economy Doing Right Now?

Well-Known Member

Fact-Based Lifeform

Fact-Based Lifeform

Fed holds key interest rate steady as economic view improves​

Fact-Based Lifeform

Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently​

HP between 4,000 and 6,000​

Verizon more than 13,000​

General Motors about 1,700 ​

Paramount about 2,000​

Amazon about 14,000 corporate jobs​

UPS about 48,000 ​

Target bout 1,800​

Nestlé 16,000 jobs globally​

Lufthansa Group 4,000​

Novo Nordisk 9,000​

ConocoPhillips up to a quarter of its workforce​

Intel thousands of jobs​

Microsoft about 6,000​

Procter & Gamble up to 7,000​

Layoffs are piling up, heightening worker anxiety. Here are some of the biggest recent job cuts​

Dow 4,500​

Amazon 16,000​

UPS 30,000​

Tyson Foods 3,200​

Fact-Based Lifeform

Well-Known Member

China's 2025 trade surplus set a staggering $1.2T record​

Fact-Based Lifeform

US Companies Announced Most Job Cuts for Any January Since 2009​

Newbie

Newbie

Stuck on a ship.

CoPacEtiC SkEpTic

CoPacEtiC SkEpTic

Well-Known Member

Some folks on Wall Street think yesterday’s U.S. jobs number is ‘implausible’ and thus due for a downward correction​

Newbie

Similar threads

Fed holds key interest rate steady as economic view improves

Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently

HP between 4,000 and 6,000

Verizon more than 13,000

General Motors about 1,700

Paramount about 2,000

Amazon about 14,000 corporate jobs

UPS about 48,000

Target bout 1,800

Nestlé 16,000 jobs globally

Lufthansa Group 4,000

Novo Nordisk 9,000

ConocoPhillips up to a quarter of its workforce

Intel thousands of jobs

Microsoft about 6,000

Procter & Gamble up to 7,000

Layoffs are piling up, heightening worker anxiety. Here are some of the biggest recent job cuts

Dow 4,500

Amazon 16,000

UPS 30,000

Tyson Foods 3,200

China's 2025 trade surplus set a staggering $1.2T record

US Companies Announced Most Job Cuts for Any January Since 2009

Some folks on Wall Street think yesterday’s U.S. jobs number is ‘implausible’ and thus due for a downward correction