this post was submitted on 07 Aug 2026
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Shedding jobs is literally what our administration has set out to do. Its what the Fed has been aiming for. They recently voted to hold interest rates, with some members voting to raise them. Idk who these "analysts" are, but they're fucking morons. Even if interest rates were cut, it would take like 6 months to a year to see wages and employment bounce back.
I'm def not saying it is good to be losing jobs, but it is intentional.