Eurodollar University The Fed Quietly Admits Mass Layoffs Have Begun, And The Economy Is Falling Apart
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Apr 29, 2025 Economic warnings abound, with the Federal Reserve indicating rising layoffs and deteriorating metrics. Manufacturing sectors are showing a troubling decline, overshadowing inflation worries. Hiring trends plummeted, especially in consumer-facing roles, while specialized positions face skill mismatches. The labor market is on the brink, suggesting a shift towards mass layoffs. Overall, there's a growing pessimism about the economic outlook, mirroring patterns experienced during past downturns.
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Fed Data Shows Economic Decline
- Federal Reserve data reveals laying off initiation and economic decline.
- Inflation worries take a backseat to falling economic momentum in regions and sectors.
Beige Book Reveals Labor Market Stress
- The Beige Book shows employment slightly up or unchanged, with growing reports of slowdown and layoffs.
- Caution and waiting are rising among firms due to economic uncertainty, foreshadowing labor market stress.
Labor Market Near Critical Shift
- The labor market is likely shifting from strong demand to layoffs as per the Beverage Curve analysis.
- Demand for workers is falling enough that firms may start firing instead of just reducing hires or hours.