The US Has A Jobs Problem

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I just got a job and start Monday after being laid off in the end of September not gonna lie greatly relieved was super worried about the job market. Got something equal to my old job with even better benefits and pay.

JLoveTHEJLove
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The biggest issue is that most manufacturing is being outsourced to other countries. Why? To make more profit and exploit the cheap labor in other countries. You drive around in any US city and see new warehouses popping up everywhere. Not new businesses that create something, nope, just warehouses. We are digging our own grave.

gloofisearch
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Good job calling out the report games, Sasha

MaximKachurovskiy
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I was working for a US Tech company and got laid off at the end of September, my job got outsourced to Cuba...

TheAncientOone
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First i throught the record not in employment is the boomers retiring.

But its more the problem of the fact that the low income has no money for even the basics, reducing spending as much as possible to survive, thereby reducing demand for "luxury" items which reduces the production work required!

maximilian
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Come on Sasha was waiting for it 😅

No one could have seen it coming

brianfenech
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They know what they’re doing, it’s all a game to them !

Save-wpsi
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And all the "impressive" jobs added figures from previous months keep being revised downwards, with barely anybody paying attention to the revisions.

oldskoolmusicnostalgia
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I’d love to see you talk about specific people on the FOMC.

UnceasingDeath
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EVERYONE knew they would blame it on the Hurricane and port strikes and i dont think anybody who know a little about the economy believes it.

PerfectlyFunctioningAI
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2:25 429, 000 people not in labor force = 4M boomers per year are hitting SSA age and retiring. 4M/12 = 333K/month!

tachikaze
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I love your videos, when I talk to people about this stuff I get called crazy. Happy to see other people see the signs too.

darienheebner
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IT jobs in the US are falling like leaves from a tree in Autumn.

MnemonicCarrier
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I appreciate your analysis so I don't have to do so myself. Your expertise is appreciated!

fizixx
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cant believe you're selling a course as well

shehtazruslan
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Can you talk about the absurdity about worrying about money when half of humanity can't grow food at 50 Degrees Celsius !!!

agaragar
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The 10 year up 10 basis points on the day and up around 70 basis points since the FED cut the Federal Funds rate lol... at this rate all we need is a two more FED cuts, and mortgage rates will be 10%. The FED has lost control.

jonathantaylor
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I remember the first time they started blaming weather events to the job figures. It sounded ridiculous the first time, and still does.

JddoesD
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Yet my plumber wants over $100 per hour... and gets it all day long.

williamreyes
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Glad you're here to call out the numbers that matter

xenon_eleven