Is your job at stake right now, for your sake? I certainly hope not. But that is the reality that many Americans are facing right now. Websites like Layoffs.fyi show layoffs by month and by a quarter in terms of employees and layoffs. Shows a massive number of layoffs into the end of 2022 and the beginning of 2023.
Even though the matter cut 11,000 jobs last November, they are already talking about starting another round of thousands of layoffs.
A medical device company called Medtronic has begun layoffs around the world. Retail stores like David's Bridal have started mass layoffs. Law firms have begun layoffs. Financial services like Ernst and Young have started layoffs and RBC as well.
We are also seeing upcoming job losses from business closures, such as U.S. auto sales, which is a car dealer for people with poor credit.
They have closed their dealership space and will obviously have job losses as a result. So, what is going on here? Why are we seeing such a surge in layoffs recently, especially considering during 2020 and 2021, it seemed like companies could not hire fast enough?
Timecodes
0:00 Layoffs and Job Losses: The Current Reality for Many Americans
1:15 The Boom-Bust Cycle: How Easy Credit Leads to Layoffs and Economic Downturns
4:42 The Role of Inflation and Asset Prices in Layoffs and Job Losses
5:57 Reallocation of Resources and Collapse in Certain Areas
8:36 The Significance of the Pullback of Leverage
9:35 The Domino Effect of Job Losses
13:04 What you can do for Yourself
My Courses:
Get UNLIMITED Access to ALL my Courses for Only $99:
https://heresyfinancial.teachable.com/p/hfu-membershipMy New Book: Why We Need the Fed (blank gag book)
https://a.co/d/a7caB8YMy Recommended Affiliate Partners:
Miles Franklin Precious Metals (tell them I sent you)
https://www.milesfranklin.com Monetary Metals
https://monetary-metals.com/heresy-financial/Vaulted
https://vaulted.blbvux.net/2rXX47OneGold (Code Heresy1x)
https://bit.ly/3mS6dNo iTrustCapital (Get $100 of BTC)
https://itrust.capital/heresy Swan Bitcoin (Get $10 of BTC)
http://bit.ly/swnhrsy Ledger
http://bit.ly/ldgrwlt TradingView
http://bit.ly/tvchrts M1 Finance
https://m1finance.8bxp97.net/QOKA3P GroundFloor
https://groundfloor-finance.sjv.io/mgRRvy Fundrise
https://fundrise.sjv.io/Ygg2NO All my socials are @HeresyFinancial
Twitter:
https://www.twitter.com/heresyfinancial Insta:
https://www.instagram.com/heresyfinancial TikTok:
https://www.tiktok.com/@heresyfinancial Reddit:
https://www.reddit.com/user/heresyfinancial/ Rumble:
https://rumble.com/c/HeresyFinancialI am not a CPA, attorney, or licensed financial advisor and the information in these videos shall not be construed as tax, legal, or financial advice from a qualified perspective. Linked items may create a financial benefit for Heresy Financial.
#JobLayoffs #Unemployment #FacebookMeta #LosingJobs
...
https://www.youtube.com/watch?v=AvioVraTyxc