kamapisaachi Posted October 12, 2022 Report Posted October 12, 2022 The Federal Reserve's fight to squash inflation will cause the U.S. economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America warns. Although the jobs market remained surprisingly strong in September, the Fed is working hard to change that by aggressively raising interest rates to ease demand for everything from cars and homes to appliances. The pace of job growth is expected to be roughly cut in half during the fourth quarter of this year, Bank of America told clients in a report Friday. As pressure from the Fed's war on inflation builds, nonfarm payrolls will begin shrinking early next year, translating to a loss of about 175,000 jobs a month during the first quarter, the bank said. Charts published by Bank of America suggest job losses will continue through much of 2023. "The premise is a harder landing rather than a softer one," Michael Gapen, head of U.S. economics at Bank of America, told CNN in a phone interview Monday. Quote
veerigadu Posted October 12, 2022 Report Posted October 12, 2022 Mid term elections tharvathaaaa @Anta Assamey Quote
quickgun_murugun Posted October 12, 2022 Report Posted October 12, 2022 1 hour ago, kamapisaachi said: The Federal Reserve's fight to squash inflation will cause the U.S. economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America warns. Although the jobs market remained surprisingly strong in September, the Fed is working hard to change that by aggressively raising interest rates to ease demand for everything from cars and homes to appliances. The pace of job growth is expected to be roughly cut in half during the fourth quarter of this year, Bank of America told clients in a report Friday. As pressure from the Fed's war on inflation builds, nonfarm payrolls will begin shrinking early next year, translating to a loss of about 175,000 jobs a month during the first quarter, the bank said. Charts published by Bank of America suggest job losses will continue through much of 2023. "The premise is a harder landing rather than a softer one," Michael Gapen, head of U.S. economics at Bank of America, told CNN in a phone interview Monday. Wait until December then Assam train ! 1 Quote
yemdoing Posted October 12, 2022 Report Posted October 12, 2022 59 minutes ago, veerigadu said: Mid term elections tharvathaaaa @Anta Assamey chas.. curent project ends in Nov. Inka naaku band baja undi 1 Quote
Hitman Posted October 12, 2022 Report Posted October 12, 2022 Companies దగ్గర pandemic lo మింగిన దబ్బులు అయిపోవాలి అప్పుడు music start అవుద్ది . New loans రావు , వచిన 10% interest rate అప్పుడు తెలుసతది 1 Quote
Fish Posted October 12, 2022 Report Posted October 12, 2022 28 minutes ago, Hitman said: Companies దగ్గర pandemic lo మింగిన దబ్బులు అయిపోవాలి అప్పుడు music start అవుద్ది . New loans రావు , వచిన 10% interest rate అప్పుడు తెలుసతది Very true….we need to be prepared for any kind of situation Quote
Sarvapindy Posted October 12, 2022 Report Posted October 12, 2022 6 hours ago, quickgun_murugun said: Wait until December then Assam train ! Job market bagane undi kada uncle mari Quote
Swatkat Posted October 12, 2022 Report Posted October 12, 2022 1 minute ago, Sarvapindy said: Job market bagane undi kada uncle mari Hi uncle pindy Quote
Sarvapindy Posted October 12, 2022 Report Posted October 12, 2022 2 minutes ago, Swatkat said: Hi uncle pindy Vaari Quote
Swatkat Posted October 13, 2022 Report Posted October 13, 2022 28 minutes ago, Sarvapindy said: Vaari Cheppu Quote
dasari4kntr Posted October 13, 2022 Report Posted October 13, 2022 మనం భయపడిన దాంట్లో 1% కూడా politicians ఆలోచించట్లే…US బజీ ఎలక్షన్స్ లో…UK మతిమాలిన టాక్స్ కట్స్… రేపు 14 వ తేదీనా బ్లడ్ బాత్ వుండొచ్చు… Quote
Beerboob123 Posted October 13, 2022 Report Posted October 13, 2022 55 minutes ago, Swatkat said: Hi uncle pindy Srujana thinnava ra Quote
karna11 Posted October 13, 2022 Report Posted October 13, 2022 27 minutes ago, dasari4kntr said: మనం భయపడిన దాంట్లో 1% కూడా politicians ఆలోచించట్లే…US బజీ ఎలక్షన్స్ లో…UK మతిమాలిన టాక్స్ కట్స్… రేపు 14 వ తేదీనా బ్లడ్ బాత్ వుండొచ్చు… Why 14th Quote
Gaali_Gottam_Govinda Posted October 13, 2022 Report Posted October 13, 2022 Denemma Tech lo 200K job losses vaste baagundunu....... Too much of desi nuisance scrap since Covid ruined the beautiful Dallas suburbs........ Bathukamma Bonalu ki community lo local roads block chesudu........ Diwali ki 11pm variku garage mundu kalchudu..... White Neighbors cops ki complain chese varuku bandh cheyyaru 2 Quote
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