"US employers made🚨71,321 new layoff announcements in Nov, officially bringing the 2025 total up to🚨 1.17M #layoffs.

This now marks the🚨FIRST year with 1.1+M job cuts since the pandemic lockdowns in 2020.

🚨American #consumers are in trouble."
-Kobeissi L

"Labor market signals are getting softer.

• Challenger, Gray & Christmas: layoffs eased from Oct’s surge but still the highest for any Nov in 3 years

• YTD hiring plans🚨are the lowest since 2010."
-T Trading
#Economy #Recession #Jobs #USPol

@betelgeuse93 @itsfoss OFC the main benefit of a #Pi5 with 1GB isn't for #consumers but #industrial customers.

Also in many systems like #automation, 1GB is more than sufficient (Given that @OS1337 can run on 32 MB RAM in a VM) it's safe to assume the $5 in shave without MOQ is worth it for most buyers who want the extra compute power and I/O compared to a #Pi0W / #Pi0W2 or #Pi3B+ ...

"ADP unemp report shows🚨-32,000 #jobs lost in Nov (worst since Mar 2023).

Most INDs🚨were doing layoffs. The only ones still are hiring are hospitality & healthcare.

But look at employment by firm size. There's a K-shaped #economy among firms, too. Larger companies are still hiring.🚨Smaller firms (<50 wkrs) are doing the layoffs.🚨It's been a very tough year for small biz due to #tariffs & more selective spending from lower & middle-class #consumers."
-H Long
#Recession #Unemployment #USPol

@dyckron the only way to make this works is for #Consumers to refuse to buy until prices fall below the expected price trajectory before supply got artifically shrunken by suppliers and mass buyers!
RAM: WTF?

YouTube

The #tech🚨allows sellers of any prod that uses the internet to take adv of #SurveillanceCapitalism to personalize prices & chg more than the mkt price that'd be produced by ord supply & demand *another case of monopoly pricing power, facil by invasive tech.

When Amazon uses its deep K of consumer prefs to rig mkts & undermine comps, higher prices: passed along. When #consumers: prohibited from repairing: car/iPhone... invites monopoly profits.

#Economy #Inflation #USPol
https://prospect.org/2025/12/01/sources-of-americas-hidden-inflation/

Sources of America’s Hidden Inflation

How market power jacks up prices, and how Trump’s policies add to the pressure

The American Prospect
#Apple Accused Of Cloaking #Conflict Minerals From Customers
Apple #tricks #consumers into believing that it responsibly sources the #key #minerals used in its #phones, #computers and other tech #products, when in reality it sources #cobalt and #coltan from companies that commit human and labor #rights #abuses, International Rights Advocates alleges in a lawsuit filed in Washington, D.C. [via Law360] #abuse

“My kids don’t even lie that often.”
-J Wolfers

The economist clarified Trump’s stk mkt brags, ack: US stocks are up but “they’re up even more everywhere else.”

It's "quite striking just how bad”🚨consumer confidence is now -#consumers say: they’re feeling worse than they were during the Great Recess/pandemic/early ’80s #recession.”

Trump has🚨“fundamentally lost the battle of ideas” on the #economy & a “deep Q as to how long ppl are going to keep spending."

#Lies #UPol
https://www.huffpost.com/entry/justin-wolfers-donald-trump-economy_n_692d3e45e4b0c8c3c7ce2e99

Economist Pulls Apart Trump’s Latest Boasts: ‘My Kids Don’t Even Lie That Often’

Justin Wolfers explained exactly why the president's brags are "just nonsense."

HuffPost
Canton Fair Showcases Sustainable and Smart Household Designs

At the 138th Canton Fair, Chinese manufacturers present eco-friendly and innovative home products that blend sustainability, design and functionality.

China Business Forum