You actually have people on this site who actually believe the words of a President with dementia when he says he created 11 or 12; million jobs. when the country was shut down in March 2020 at least 40 million people were collecting unemployment within 6 within 2 months. All the stores, restaurants were closed. all the airlines planes were parked on the ground collecting dust. I forgot in that unemployment figure includes people like that person in Nigeria collecting unemployment in 23 different states stealing $300k
There are actually less people working today when compared to February 2020.
The Tech industry is already in a recession. In November Facebook announced it was laying off 11,000 workers. Also, in November a report stated that Alphabet/Google was going to layoff 10,000 workers in early 2023. Microsoft laid off 1,000 workers back in October & an article yesterday stated that Microsoft is preparing to lay off thousands of workers & recruiters. Cisco laid off 5% of its workforce last year….. should I go on & give you the names of other big tech companies.
These Tech jobs are HIGH Paying jobs that has a devastating impact on some cities & states. Instead of paying Federal & State taxes the States will be paying those people unemployment.
High inflation has caused the Federal Reserve to increase interest Rates which is killing the big banks. An example is Goldman Sachs where an article in the Washington Post last week stated that 3,200 employees are being laid off. Again those are high Paying jobs.
But Joe is thrilled that the Beristas at Starbucks got their $15 hour jobs back.
Sorry I forgot Amazon announced they are laying off 10,000 workers.
Liberals are so happy they will demand that Biden’s Birthday be a National Holiday.