Another article showing concern in the housing market- yet the author may have lacked critical thinking

It's really not over simplified. Our currency has been vastly over inflated by massive printing. Added to that is tremendous deficit over spending, year after year by the government. All with nothing to back it up.

Proof of that has been the rise of the price of gold, along with other precious metals against the dollar. In my lifetime alone I can remember going to the bank, and trading in paper dollars for silver dollars. Every bank had drawers full of them.

Naturally this was when our currency was considered valuable against silver and gold. Paper and ink was cheap then, just as it is now.
We can disagree.
 
As others have posted, the term recession seems to fit numerous definitions.
I tend to use the indicators, such as housing, employment, etc as the state of the economy. The economy appears to be slowing and the cost of products is going in a precarious direction. The supply chain is being stressed; direction is uncertain.

Daily Job Cuts . Com

Tons of layoffs.
 

Tech sector layoffs slow down in 2025; Intel, Microsoft report largest reductions​

https://seekingalpha.com/news/44538...025-intel-microsoft-report-largest-reductions

https://layoffs.fyi/

^^^
Use filter to sort by:
Company / Date of layoffs / # Laid off


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Daily Job Cuts . Com

Tons of layoffs.
Businesses like predictability-or the illusion of being able to know (or have an educated guess) where their market is going and how to manage costs. Unfortunately we are in climate where that's impossible. Supply chains and manufacturing are not going to "uproot" themselves in a 4 year period. Instead-the avenue of least resistance during uncertainty is to layoff employees-and wait it out.
 
The good news is, to me. The economy is slowing down. I mean, that was the point of interest rate hikes, to slow the economy down and keep inflation low.
If the Fed gets it right and that is a big if, they will cut rates when the time is right.

With that said, AI is going to be the big disrupter in this decade and more. We are only at a tiny CUSP of what is about to take place. At this point, If I was young. I think I would look places other than anything management. Trades and people businesses, health care a whole range of items.
 
Just in, March job openings, revised up for the month of March to 7.39 million

The only problem is that the number of ghost jobs has increased exponentially this year.
Even The 40% number may be low considering it was found 15% of job postings on some systems have been perpetually posted for over 2 years for single positions.
Considering the shear amount of ai gobble gook ruining everyone’s day, and the antidotal reports of well qualified people spending over 6 months without getting interviews, I tend to believe these are all in pocket situations for companies hoping things unexpectedly turn around allowing them to grab an employee faster.


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I agree tons of ghost job postings.

Companies are data mining info from people looking (hoping) to find a job.
 
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