Below are all the posts — topics as well as replies — that mention the hashtag #economicdownturn.
Mention #economicdownturn in your post to continue the discussion!
US applications for unemployment benefits decreased last week. Filings fell by 3,000 to 209,000 for the week ending May 16. This figure is lower than analysts' forecasts. Layoffs remain historically low despite ongoing economic uncertainties. Inflation and global conflicts contribute to market instability.
https://www.telegraphherald.com/magazine-websites/biztimes/ap_wire/article_db770c85-a417-580b-b5a2-1e952919bbbc.html
Is the drop in stock price and the poor economy a matter of concern? I am worried if it will lead to more layoffs. Am I barking up the wrong tree on this one? My husband just got laid off and we have a year old daughter so I I am really worried. Anyone think or heard anything?
what will the rest of the year look like?
There are no jobs, economy is going under, the entire world is in a crisis... How is that a good time to lose your job?
Looking at 2026 and beyond….
AI making leaps and bounds, relentless offshoring, endless flood of H-1B Visas.
What is a American born man supposed to do to get ahead in life today when their either going to get laid off eventually or they already have with a jobs market that will just keep getting worse and worse with no “recovery” like we used to have in the past.
What’s going to happen to the men who have families to support and over 15+ years left on their Mortgages?
UBI isn’t going to fix this. Alls you have to do is look back at history and see what it’s like for other countries when they live under “UBI” conditions (Cuba Today, Soviet Russia)
Late Roman Empire Vibes…
Prime Minister Narendra Modi has appealed to Indians to revive working from home, buy less gold and limit foreign travel to deal with a surge in global energy prices because of the continuing crisis in the Middle East.
https://www.bbc.com/news/articles/c8r8e2ne1v6o
Does anyone think building the new HQ with this economic climate is a little crazy?
I can’t help but think about how they will ultimately cut people as part of the balance sheet tight-rope act such an enormous expense will cause.
Lastly, as a Dallas native I’m worried about the economic health of the city when we leave. I know the tower isn’t the best but access to mid-day kayaking isn’t something anyone cares about.
Jobs report came out today and over 100K new jobs were created in April.
4.3 percent. That is from Reuters.
The Alamo region experienced significant job losses. Over 1,200 layoffs occurred through April. This number nearly matches last year's total. The region is seeing a rapid increase in job cuts. This trend indicates a challenging economic period.
San Antonio, Texas
https://www.bizjournals.com/sanantonio/news/2026/05/08/recession-gradual-sudden.html
U.S. employers announced 83,387 job cuts in April, a 38% increase from March. This total marks the third highest for April since 2009. Technology companies led all industries in layoff announcements, often citing AI spending as a reason. Artificial Intelligence was the top reason for job cuts for the second consecutive month. Overall hiring plans decreased significantly in April.
https://www.challengergray.com/blog/challenger-report-april-job-cuts-rise-38-from-march-ytd-cuts-down-50/
Canadian airlines face significant pressure from surging jet fuel costs. This oil shock has led to higher airfares and reduced flight capacity. Air Canada suspended six routes deemed uneconomical due to high fuel prices. The airline plans to cut its May seat capacity by nearly 20 percent. Experts warn of potential financial strain and future layoffs for carriers.
https://thelogic.co/news/analysis/air-canada-bracing-oil-price-impact/
The upcoming week features several key labor market indicators. April's employment report is expected to show a solid increase in private payrolls and a lower unemployment rate. Other data points include ISM NM-PMI, which should confirm continued economic expansion, and a strong increase in revolving consumer credit. The Q1 earnings season continues with major companies reporting results. Inflation expectations are likely to jump due to higher gasoline prices.
https://m.za.investing.com/analysis/economic-week-ahead-adp-payrolls-layoffs-jobless-claims-to-shape-outlook-200619355?ampMode=1
I'm thinking we're getting closer to the AI bubble pop, and once it happens, the layoffs will be brutal. Or am I overthinking it?
People are complaining today as if any of this is new, but it isn’t. These same patterns have played out in every generation. Different names, different systems, same cycles. Jobs change, economies shift, uncertainty comes and goes. It happens throughout the lives of every generation. What changes is not the pattern itself, but how aware people are of it, and how they respond when it shows up again.
Follow the narrow path that leads to life.
March 2026 marked the worst month for tech layoffs in two years. Tech firms globally dismissed around 38,000 employees that month. Overall, 92,272 tech workers were laid off between January 1 and April 20. Oracle alone accounted for 30,000 of these job cuts. Meta also reduced its workforce by 200 employees.
https://www.gadgets360.com/ai/news/tech-companies-layoffs-worst-month-2026-report-11424428
I would have been out of this place a year ago. But no luck so far. How many others are stuck just because they can't find anything else right now?
My son graduated last year with good grades and two internships. He can't get a single interview for entry level roles. Every job he applies for has hundreds of applicants. My guess is half of them are people who were laid off from senior roles including from here and are just trying to get anything. It's just very, very bleak right now.
Microsoft Offers BuyOut and Plans more layoff after that
Meta plans layoff.
Market in total chaos. Holding to the current position.
Many U.S. companies across various industries announced layoffs. Workforce reductions continue nationwide due to economic pressures. Pennsylvania's unemployment rate increased to 4.2 percent. Several Pennsylvania companies issued WARN notices for impending job cuts. Layoffs span industries including technology, finance, and manufacturing.
Philadelphia, PA
https://patch.com/pennsylvania/across-pa/thousands-layoffs-announced-including-pa-companies
CPAC is laying off staff and cutting programs. This decision comes despite a recent CRTC wholesale rate increase approval. The channel will cease production of PrimeTime Politics and L'Essentiel. CPAC faces accelerating revenue declines and market uncertainty. Subscriber erosion has nearly doubled since 2024.
https://broadcastdialogue.com/cpac-cuts-staff-cancels-programs-as-financial-pressures-intensify/
Applications for U.S. unemployment benefits decreased last week. Initial claims fell by 11,000 to 207,000. This marks the biggest one-week drop since February. The data suggests the labor market is stabilizing with limited layoffs. Continuing claims, however, rose to 1.82 million.
https://www.westhawaiitoday.com/2026/04/17/nation-world-news/us-jobless-claims-fall-to-207000-signaling-low-layoffs/
Small trucking and logistics companies are filing for bankruptcy. This trend shows continued financial pressure on smaller carriers. Freight demand remains uneven while costs stay high. Bankruptcies include micro-fleets and mid-sized regional operators. Some companies are liquidating rather than reorganizing their operations.
https://www.freightwaves.com/news/small-trucking-firms-file-wave-of-bankruptcies-across-u-s
Fact's -
The Fed under Chairman Jerome Powell since January 2026 has printed an additional $125.0 Billion in currency to prop-up the U.S. economic-financial system.
Fed money printing over time since 2009 does add to the (current) U.S. National debt of $39.1 Trillion (and rising) with a (current) debt-to-GDP ratio of 124.87% (and rising).
Note - The U.S. taxpayer pays the Interest on the U.S. National debt (each year) to other Investors that finance it (U.S. based, Japan; China; etc.).
Interest paid on the U.S. National debt (just surpassed $1.02 Trillion a year per usdebtclock).
To think that the Unemployment rate approaching 15.0% through AI workforce disruption through 2027 (at least) wouldn't cause (Very significant) damage to the U.S. economy is ludicrous.
It (actually) easily could.
These are the facts.
Overall, not a bad quarter at all! So it was definitely justified that you got a raise that didn’t even keep pace with inflation and the execs got like 15-20% extra. Keep working hard digging your own grave folks. That’s the only way this works.
Weak Q4… growing GCC… more layoffs are soon? … quarterly has been the trend …
There are a lot of pre-cursors (building over time) to the "Roaring 1920's ending" October 1929, the "Internet bubble burst" March 2000; and the "Global Financial Crisis" September 2008.
Fed stimulus will (most likely) end by mid-April (with Higher Energy costs impacting their positive effects on the U.S. economy) with the U.S. Treasury (also) stopping its' purchasing of its' own bonds by then.
Tax refunds were substantial overall for 2025, but again as mentioned; Energy prices will remain high (for months, or longer) especially with the most recent escalation of the U.S. Iran War.
The Fed has also printed an additional $125.0 Billion in currency since January 2026 (in an attempt) to prop-up the U.S. economic-financial system.
Yes, this does add on to the (current) $39.1 Trillion U.S. National debt (and rising), as does; the U.S. Iran War; and contributes to (rising) Inflation costs as well (over time).
The (Real) U.S. economy heading into 2027 is what to watch.
Current trends dictate strain on the U.S. economic-financial system with layoffs (2026 > 2027) increasing over time.
Updated - F, 4/10/26.
The Threat of Stagflation.
Energy prices are (not) coming down anytime soon -
The "peak" season for Energy is (Always) the Summer.
It the (current) trends continue (especially if Inflation is allowed to run) and the Fed doesn't raise Interest rates to control it is a Major recession > 2027.
LEI - Leading Economic Index (the Chart).
These are the facts.
We are taking bets - stock will hit single digits by July.
U.S. Iran War -
Israel struck earlier today.
This is after the "Ceasefire".
The U.S. Iran War is (far from over due to the ongoing hostilities between Israel-Iran).
At 1:00pm CST (today), Iranian drones struck the Saudi Arabian East-West pipeline.
Reported by oilprice, this (was) the (7-million barrel a day go around) for the Hormuz Strait (which is now essentially closed).
U.S. Economy - LEI - Leading Economic Index (Chart).
Oil Prices are (not) coming down, anytime soon; and it will weigh on the U.S. economy; and consumer spending (70.0% of GDP).
Tesla has laid off 22% of its workforce. This action follows two years of declining sales. Sales of electric vehicles have slowed significantly. Federal payments for consumer EV purchases ended last October. General Motors also anticipates a $6 billion loss from EV sales for 2025.
Texas
https://ktrh.iheart.com/featured/houston-texas-news/content/2026-04-07-tesla-layoffs-contrast-with-musk-bonus/
The (Bottom Line) is that (No Matter What) Corporate (AI Workforce Displacement) is going to (Increase) into 2027 (at least) -
A (Perfect) recent example is Oracle who just (Prioritized) Ai spending over Employees by laying off 25,000 on W, 4/1/26.
Employees are (Always) considered a line-item (Expense) due to the (Cost) of salary, and benefits by a Corporation.
AI RPA (Robotic Process Automation), and other AI efficiencies contribute to the Corporate bottom line.
Per the LEI - Leading Economic Index, a Major Recession is enroute > 2027.
Oracle is laying off thousands of workers nationwide. The company has not confirmed how many Austin employees are affected. Economists view these cuts as a broader tech industry strategic shift. This shift aims to free up capital for AI infrastructure investments. Experts advise job seekers to focus on acquiring AI-related skills.
Austin, Texas
https://www.kxan.com/news/local/austin/oracle-cuts-thousands-of-jobs-prompting-questions-about-austins-tech-economy/
with the stock prices hitting rock bottom, is there any way this company can be saved?
will there be any actual comeback or only setbacks?
West Michigan experienced a significant increase in layoffs during 2025. Over 2,500 workers lost jobs, with 1,918 reported via WARN notices. This represents a 78% rise in WARN layoffs compared to 2024. Experts predict more layoffs for the region in 2026. Acquisitions and the end of "labor hoarding" are contributing factors.
https://www.woodtv.com/news/michigan/w-mi-saw-most-layoffs-since-pandemic-in-2025-as-statewide-numbers-decreased/
The era of prosperity is drawing to a close. Our world is entering its final, irreversible decline
With the current events happening in our world. Do you think we'll see it affect us and our jobs?
Welcome to the new normal! We are all being put out to pasture due to AI.
BLONO State Farmers there are lots of food-banks and other resources available. Best be prepared as many of you have been living check to check.
God Save and Bless America!
#fudebbie
#coffeejon
ORCL is under $140, might get below $130 next week.
MAG 7 is flat at best.
10yr Bond is approaching 4.5%, screaming rates are way way too low.
Good for cash, bad for credit debt.
Crude is now over $110.
Not good at all !!!
Wabash announced layoffs and facility closures. More than 300 workers will be affected. Four sites are closing, including one in Goshen, Indiana. The company's 2025 revenues dropped by 20%. This reflects challenging conditions in the freight market.
Goshen, Indiana
https://www.truckpartsandservice.com/workforce/article/15816579/trailer-manufacturer-wabash-shutters-plants-following-difficult-2025