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No one is hiring yet no one is firing. The latter doesn't mean employers aren't getting rid of workers, because they are. Lots of them. A hiring freeze is only the first part of cost-cutting in a weak economy. From consumer surveys to govt jobs estimates, the labor market is on everyone's mind right now, employers and employees.
Eurodollar University's Money & Macro Analysis
Nissan offers buyouts as US production scales back
https://www.automotivedive.com/news/nissan-buyouts-workforce-production-reduction-2025-tennessee-mississippi/738816/
NBC News Bridgestone closes a tire plant in Tennessee with 700 layoffs and other reductions
https://www.nbcnews.com/news/us-news/bridgestone-announces-tire-plant-closure-tennessee-700-layoffs-reducti-rcna189277
Bloomberg STMicro Eyes Workforce Cuts of Up to 3,000 in Chip Slump
https://www.bloomberg.com/news/articles/2025-01-31/stmicro-eyes-workforce-cuts-of-up-to-6-as-chip-slump-drags-on
US Consumer Confidence Retreated in January
https://www.conference-board.org/topics/consumer-confidence/press/CCI-Jan-2025
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU
By Jeff Snider4.7
440440 ratings
No one is hiring yet no one is firing. The latter doesn't mean employers aren't getting rid of workers, because they are. Lots of them. A hiring freeze is only the first part of cost-cutting in a weak economy. From consumer surveys to govt jobs estimates, the labor market is on everyone's mind right now, employers and employees.
Eurodollar University's Money & Macro Analysis
Nissan offers buyouts as US production scales back
https://www.automotivedive.com/news/nissan-buyouts-workforce-production-reduction-2025-tennessee-mississippi/738816/
NBC News Bridgestone closes a tire plant in Tennessee with 700 layoffs and other reductions
https://www.nbcnews.com/news/us-news/bridgestone-announces-tire-plant-closure-tennessee-700-layoffs-reducti-rcna189277
Bloomberg STMicro Eyes Workforce Cuts of Up to 3,000 in Chip Slump
https://www.bloomberg.com/news/articles/2025-01-31/stmicro-eyes-workforce-cuts-of-up-to-6-as-chip-slump-drags-on
US Consumer Confidence Retreated in January
https://www.conference-board.org/topics/consumer-confidence/press/CCI-Jan-2025
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU

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