More signs of Economic Trouble for the US!

More Retail stores are closing!

Family Dollar and Dollar Tree are to close nearly a 1,000 stores and that will equal out to almost 5,000 people who will be laid off and without a job.   I don’t say that lightly, you have at the minium about 3 to 5 people working either full time or part time at the store and that is just a guess but I also know this will not just affect the workers of the stores but transportation of goods to the stores and warehouse people.   That’s why I suspect it will be 5,000 people will most likely be affected if not more people due to not having these stores be open.   I don’t know the exact number but that is the economic troubles in the US right now and that isn’t the only thing.

Joan’s Fabric Files for Chapter 11

Well it’s official Joan’s Fabric just files for Chapter 11 protection, but that isn’t all.  This is all do people not spending money on luxury items and other things that isn’t essential to living such as rent, food, gas, and power for the home.   It however doesn’t mean that Joan’s will close up shop but I suspect they will do some people reduction and decide what they are going to change in the stores.  They will become a private owned store again and that will likely drop the stocks of the Joan’s and make it even harder for them to continue their business.  We will have to wait and see but this is something that will cause more economic turmoil in the US.

Key Indicators for a Recession

There are few indicators that I would like to point out that show we might be going into a recession even more.

  1. Lay offs — The first one is of course people getting laid off more than the jobs are being created.  If people aren’t working that just brings us down a spiral of people not being able to pay for the extra stuff in their lives.  That will also affect other industries such as retail and gasoline/OIL.
  2. Retail Stores —  As you can see there are some major stores having issues being open and this is another key indicator that we are in a recession due to the amount of news around stores closing or that they are filing for bankruptcy.
  3. Oil / Gasoline — Since people aren’t driving more or traveling more the Gas Prices and oil prices aren’t going up in fact mostly going down.   If you really think about it, it was much higher last year compared to this year and it seems to be either leveling off or might just be going down even more.
  4. Unemployment Rate — This is the last key factor that I’ve been watching but it suggest that unemployment will start to go up in the coming months.  I suspect it will get above 6 or 7% at the minium and that isn’t going to look good for Biden Administration.

As you can see these are just a few indicators that we will not have a light landing or even a landing at all but a hard reset is probably coming in the coming months and that will cause a lot of turmoil in peoples lives.  I really don’t want to think about what will come our way but this isn’t looking good either way.    We will see other retailers have issues in the coming months I am almost sure of it, but who I don’t know we could keep watch on the stocks of certain retailers but that will only show us which stores are having problems or how confident the share holders are at keeping those businesses going.   I suspect this will bring the stock prices of most retailers down some, don’t know how much but this is just a guess.

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Job Essentials: Searching for real Jobs!

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Find real Jobs isn’t easy

How you find a real Job?  It can be very frustrating that all these jobs available but are they real?  As of today, I am thinking some of those jobs aren’t real.  I’ve seen jobs come by and I applied for them and then they come back up in the next month or a few weeks.   I thought it would be a good idea to talk about this even more.   I know I’ve talked about Job Hunting 101: Mastering the Art of Applying for Positions.  However, I thought we should deep dive into what most people are a calling Ghost jobs.  It seems that these ghost jobs or companies are trying to suggest that they are looking for work but are just trying to farm applicants.   Some of these companies are just trying to fool their workers that they are looking for people to help with their work.  I have thought more and more that Jobs in 2024 will be harder to find and It seems that will continue through this recession that we are most likely going to have.

Finding Real Jobs

Are there real jobs in the job Market?  Most of the people are looking for jobs right now than ever before in the past.   I’m seeing more people being laid off, and that can be a real problem in looking for a real job online.  Here are some of my tips to know if the job is real or not, and you can possibly save yourself some time and effort:

  • Use Indeed’s company reviews – If the company in question is really below 3 or 2.5 you can probably guess they aren’t going to be   Here is some points to make though.  If you see people making comments that the work life balance isn’t good that is probably an employer or is trying to fool their employees and keep them there.
  • Vague job postings – This seems to be another tactic that is being talked about by everyone around that companies are just posting jobs to crowd source when they do begin to hire.  You might just get a bite a few months down the line if you applied to jobs like that.
  • Listings are closed – Here’s another tactic for employers they will intentionally keep the listing active just in case the job applicant quits while being trained or something like that.  They also may be overwork and just forgets to remove the listing.   Either way this one can be quite frustrating.

Job hunting fatigue is real thing and most people don’t understand it.   The truth of the matter is that you can find a job even right now if you really go a different route.   Connect with recruiters on LinkedIn and create content to highlight what you’re good at is one way to find those jobs that companies are wanting to fill.   Create Google Alerts for keywords for jobs that you are looking for new jobs.   However this will occasionally bring in those Ghost Jobs because companies will re-post the same job and Google will see these as new jobs and not old jobs.  So you should be cautious about which ones to apply to.  Networking is the best way I can tell you to finding a job, because it is something that has been proven in the past to land a job even in my case.  If you know someone who works at Microsoft, they can probably put in a good word for you to get that job you are wanting.

Remember, you’re not alone in this more and more are finding my job asking the same questions.  Don’t forget to check out Strategic Job Applications: How AI Can Be Your Secret Weapon to help you craft that cover letter and make sure your getting past the filters that is setup to be seen by a recruiter or hiring manager.

Confirmed : A large amount of Lay offs in April and May!

Hired & Laid off within 2 hours! Help me efreshin, recession Lemonade $1

It’s looking like a big problem coming our way!

  • Gulf Stevedoring Services, LLC  – 11 to 50 People –  4/30/2024
  • Safran Cabin, Inc. – 251 -500 People –  4/30/2024
  • Denbury Inc – 101 – 250 People –  4/30/204
  • Expedia – 101 – 250 People – 4/30/2024
  • BuzzFeed – 51 to 100 People – 4/30/2024
  • Levi Strauss & Co. – 101 to 250 People – 4/27/2024
  • Del Monte Foods, Inc. – 101 to 250 People – 4/26/2024
  • UPS – 251 to 500 People – 4/27/2024
  • Rio Grand Valley Sugar Growers – 251 to 500 People – 4/29/2024 (*)
  • AVMAC LLC – 101 to 250 People – 4/30/2024
  • RaterLabs – 2501 to 5,000 People – 4/6/2024
  • Walmart – 101 – 250 People – 5/31/2024
  • Cisco –  451 to 1000 People – 4/15/2024

I perused the Warntracker and got some of the data to show you just how much this might a be problem coming to all of us.    As of writing this today 3/12/2024, this could become even more people who will be told they are laid off.   The real question is, are you keeping track of your own company that you are working for to help you prevent yourself from getting laid off.   If you are in a big company and you are worried you might be next the best thing I can tell you to do is create alerts for you using Google and have them be sent to you as soon as Google finds out about it.  Google will send that to your email when and how often you tell it to.   As of right now Q1 is almost to the 50,000 employees who have been laid off.

Picture from Layoffs.fyi

My thoughts

Other than Rio Grand Valley Sugar Growers, All the other ones are probably not normal.   I don’t know about Rio Grand and if they are laying people off due to growing seasons but I do not think this is going to end well for the industry as a whole.  Each one of these are not just tech but are in the Retail, Technology, food, and other areas.  So you can see this will impact a lot of people around the US and the world to be able to find a job.   I’ve talked about finding a job is hard right now, this will make even harder for everyone to do so many people will be looking for work if they don’t get severance pay or some kind of pay.   They will not be able to get unemployment for a while if they are claiming severance and that could cause problems down the road for other workers.  What we will see in the coming months are people working harder for less pay, I am almost sure of that, if something isn’t done and the Fed will probably not cut interest rates right now due to down turn of the economy.  This will be a short blog post but it should show you to at least be watchful of what to come.

Does President Elect Joe Biden have the Mental Facilities to go another 4 years?

Joe Bidens wanders behind podium looking for his Spot!

Is Joe Biden capable of doing another four years?  There have numerous times when we wonder if he is taking Adderall or if he doesn’t have something like Dementia.  I know personally I can’t understand, why no one has said anything about his attitudes towards people asking him questions like this.  Joe Biden is in his 80’s from what I see on Wikipedia.  There have been numerous clips of him being confused and disoriented.   You can search YouTube and see them but my point is this, should we give someone who may have a mental issue the power to be president?   I don’t know how well that will come across to some of you or if it even makes a difference.   People all around the world probably already know that the Democratic Party is probably the ones in control.  I’m sure I am sure people will think I am over exaggerating the issue but It does make me wonder who really is controlling the US, Media, and Military and Even the economy.

It’s a Bit Concerning

Who’s going to be in the rase for the democratic party now If Biden isn’t mentally capable to be the president and why hasn’t someone made an effort to get Joe Biden checked out and the Doctor reporting that Joe Biden is fine or something like that?   I can only think of it being a HIPPA issue or something like that but at least that would show us that he has the right mind and not one of a confused and lost soul.  Even PBS has some concerns over Joe Biden’s Age and mental focus and how that can be a problem in the coming election or the coming years if he is elected president for another term.  Now let’s not just say it is Joe we should only be worried about but also we should Worry about Trumps mental capacity also.   I don’t know if Trump should be allowed to run again due to his age also but at least he isn’t showing the signs we are seeing from the President Elect Joe Biden.

What’s next for the American People?

I don’t know how who will win but it could be a very close race for one of the Independent Nominees who might win this year.   I personally don’t know and will not say who is better but it does make you wonder what we will see and who will win.   Hopefully we don’t see Biden re-elected because that would be something I just couldn’t see happening.   He should just step down and let someone else run for the democratic party even though I doubt they would win unless something really changes.    Just my thoughts on this .   Do you think Biden should be allowed to run?  or should he have some doctor tell us he is physically fit to run?  Something to ask yourself in the coming months.   Just keep you eyes open you will see other things that will make you wonder if you should vote for someone else this time around.

The Economic Quagmire: Understanding the Factors Behind the Downturn

New Data Warns Major Layoffs Coming!

More Data Showing the Downturn of the Economy and I’ll be talking about it even more.   I’ve been looking at the data and it doesn’t look good even if the Biden said we have all these jobs for people.  Yet, I am seeing more and more in the the Warn Reports of the coming tsunami of job layoffs.   It looks to be from 4/26/24 to 5/1/24 but I am also seeing some layoffs beginning in June also.  Companies have 30 days to send out the warn reports to the US Government and that could be coming very shortly for some of the companies as soon as the end of this month if they have a deadline to lay people off by the of March or early April.   I’ve already talked about why companies would do this but this just shows more and more that they are going to do this.

Google is even showing this

I hate to bring Google Trends into this but it looks like Google is showing even more signs of people ask questions like Jobs Near Me, Why can’t I get a job, or even Is the Job market bad right now?  It seems to be be fluctuating and making me think there is more to this than Google isn’t being honest about.  I suspect the US government is interfering with the data because they want us to not know the real truth.  I’ve read and saw how they like to not talk the truth in the past and they seem to be doing that again.  Last night it was looking totally different but today this looks like it isn’t even popular.  Looking into this even more, I found one that looks interesting and showing that people are saying the same thing to Google:  “I can’t find a job

I can’t find a job on Google Trends

Job Market isn’t look good.  Even I can see that but I also know it because I’ve had yet to find a job since I was let go in the last few weeks.  In Depth Investigation of the Job Market and How it looks was something that I did to tell people that it is showing you that something is happening in the government and there isn’t the real problem that you are real.   Understanding that you aren’t alone is the first way we can make it through these hard times.   However this isn’t the only way you can do it, if you really are looking for a job.   Should check out my Job Hunting Series to better help you get some more information on how to get a job.

There will be no soft landing

I know that I am seeing more and more that this will most likely be a Crash landing in economics or at the very least a really Hard landing that we will have to get through before everything get’s better.   I don’t believe Biden is in his right mind to think that we don’t see him not being truthful.  I also know that we should be expecting something to happen rather sooner than you might want to consider.   I think we will se this before the Primaries coming up in the US and it will be a signal that you should vote the right way and tell the government that you want it to change.  I don’t think we will get out this very easily and it might even be worse the the 2010 recession but that is just me.