Possible Rise in Unemployment and Fed Response?

20 replies 427 views
Posts: 131 · Reputation: 6
#1Jul 12, 2023, 12:50 PM
👀
8 Reply Quote Share
its_matrixSenior Member
Posts: 265 · Reputation: 899
#2Jul 12, 2023, 06:34 PM
If unemployment spikes, I bet the Fed goes straight for full Q.E. It’s all about avoiding a recession or worse, right? Heard the "mega layoffs" might kick in like 18 months from now.
5 Reply Quote Share
laseryesSenior Member
Posts: 192 · Reputation: 1504
#3Jul 12, 2023, 07:05 PM
Excluding events like Covid and the Ukraine war, we haven’t had a proper recession in ages. Super weird, honestly. Stock markets keep hitting highs despite all the chaos. But hey, signs are popping up: fewer jobs, more unemployment claims... something’s brewing.
4 Reply Quote Share
atlas07Member
Posts: 60 · Reputation: 45
#4Jul 12, 2023, 10:45 PM
Let’s just fast forward to a future where machines do all the woodworking. WindFury’s skills gonna be useless. What’s he gonna do then? Answer: anything else.
10 Reply Quote Share
Posts: 209 · Reputation: 1
#5Jul 13, 2023, 01:14 AM
Recession could hit us sooner than we think. We should all be ready, learn about safe investments, and have some backup skills. Life is unpredictable, better safe than sorry.
4 Reply Quote Share
5igm4777Member
Posts: 118 · Reputation: 131
#6Jul 13, 2023, 04:54 AM
Stocks are flying high again. Powell isn’t lowering rates anytime soon. Unemployment? Who cares? The stock market is all that matters now. If it crashes, then they’ll try to help.
6 Reply Quote Share
yield_2013Senior Member
Posts: 7 · Reputation: 1129
#7Jul 13, 2023, 06:53 AM
Start picking up skills, folks. Those who doubt this are in for a surprise. A friend of mine does web dev and can’t find work because of AI stepping in.
8 Reply Quote Share
lonealphaNewbie
Posts: 287 · Reputation: 5
#8Jul 13, 2023, 08:11 AM
AI is taking jobs, but it’s also creating some too. Still, many skilled folks might get replaced. The future's gonna be fierce, so better brush up your skills.
10 Reply Quote Share
chris.sigmaFull Member
Posts: 45 · Reputation: 632
#9Jul 13, 2023, 10:19 AM
Unemployment? Not my concern, right? Trump’s probably thinking the same. But seriously, anyone in tech better have skills that can outdo AI, or they’re in trouble.
2 Reply Quote Share
tom.pixelHero Member
Posts: 167 · Reputation: 3166
#10Jul 13, 2023, 03:37 PM
AI’s already shaking things up. We gotta adapt and learn skills that can’t be taken over easily. If unemployment rises and they print more money, that’s when it’ll really hit.
11 Reply Quote Share
Posts: 201 · Reputation: 14
#11Jul 13, 2023, 08:56 PM
With my tweet, I’m hinting at how teams are strategizing to handle threats like recession and geopolitical issues. Inflation's real, and prices are up. Who knows, maybe they’re planning a rescue in the next 18 months?
4 Reply Quote Share
0xHashMember
Posts: 435 · Reputation: 210
#12Jul 14, 2023, 02:04 AM
Printing money? Nah, I doubt they’ll go there. They’ll cut rates first, support businesses, buy assets. It’s too soon to predict, though. Hope Trump sees the bigger picture.
6 Reply Quote Share
greg2015Legendary
Posts: 261 · Reputation: 5547
#13Jul 14, 2023, 07:06 AM
Should we still be worried? Unemployment’s been climbing for ages, so an uptick isn’t shocking. We should focus on being self-reliant and picking up employable skills.
4 Reply Quote Share
planktonHero Member
Posts: 1287 · Reputation: 2049
#14Jul 16, 2023, 06:31 AM
Saw how the pandemic played out. Money printers going brrrrr pushed cash into Bitcoin. Inflation’s coming, and top companies are already laying off.
6 Reply Quote Share
cyberbitMember
Posts: 183 · Reputation: 68
#15Jul 16, 2023, 11:40 AM
If the government thinks Q.E. will help, they’ll do it. That’s their job. The issue? Inflation will spike. Their track record shows they know how to manage it, though.
7 Reply Quote Share
Posts: 131 · Reputation: 6
#16Jul 18, 2023, 04:43 PM
This news should hit home for both workers and employers. If layoff rumors swirl, it’s time to upskill or start a side hustle. Gotta be ready for anything.
8 Reply Quote Share
Posts: 79 · Reputation: 23
#17Jul 19, 2023, 12:19 PM
But if layoffs happen, how quickly can people reskill? Time’s ticking, and will it be fast enough to matter? That’s the real question.
7 Reply Quote Share
Posts: 131 · Reputation: 6
#18Jul 19, 2023, 04:53 PM
Unemployment in IT is gonna rise. A lot of people think finishing a BootCamp is enough, but they forget you need a solid portfolio now. AI tools are taking over design work.
15 Reply Quote Share
tony2021Full Member
Posts: 69 · Reputation: 342
#19Jul 19, 2023, 09:56 PM
Is it realistic to think those "mega layoffs" are likely in 18 months? If so, Bitcoin investors better be ready to buy low after a dip.
5 Reply Quote Share
4pe_tokenMember
Posts: 39 · Reputation: 54
#20Jul 20, 2023, 04:13 AM
Recession in 2026? Powell will wait until things break down before acting. Cutting rates now could help, but he’ll probably just sit back.
9 Reply Quote Share

Related topics