Fears about a recession grow l ABCNL

ABC News’ Alexis Christoforous discusses concerns about the economy as layoffs increased slightly this week and President Biden accuses oil companies of worsening Americans’ pain at the pump.

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#ABCNLUpdate #recession #inflation #stockmarket #oil #gas #federalreserve

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21 thoughts on “Fears about a recession grow l ABCNL

  1. Why delete my post when I'm citing data from BLS?🤡 "Full employment"? Before the governors shut down the economy, we had 6M job openings and 95M not in labor force. As of May 2022 we have 11M job openings and over 99M not in labor force. Coincidence that the numbers increase and decrease in similar amounts for the 2 time frames? There are 5.6M people that want a job but AREN'T looking for work, and because they're not looking for work, they're not counted as unemployed. If those 5.6M get a job, that jobs opening drops to pre-pandemic and the not in labor force drops to pre-pandemic levels. Gee, I wonder who's policies are keeping people on the sidelines and not working. 🙄 You're being hoodwinked by the government. They're cooking the books to artificially present a 3.6% rate. Add those 5.6M back and the real unemployment rate is 7%

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  3. the government created the recession how they think they gonna try & help by making it worse? 50% of society could run this country better

  4. Is she dumb?? Lady… do you really think you'll be "making" money when you put your money in the bank. Whether you put your money in cash reserves or in a bank right now, you are LOSING money due to high inflation. Don't listen to mainstream media idiocy.

  5. With everything that's going on in the world I feel like we already been in a recession and then you got people talking bout oh its the Democrats oh its the Republicans like it's the game of thrones everybody just going off of colors 😂 I don't like you because u on the red side or blue side black or white 😂

  6. Its not a fear its going to happen im sure joke Biden will blame everyone and everything but himself and this shift channel still defends him. Fu ck joe biden.

  7. Fighting 8.5% inflation (more like 35%) with a 1% Fed funds interest rate is like stopping a forest fire with a bucket of water. Folks prepare accordingly. Make investment in other not to depend on the government for funds

  8. I already saw it coming when mcdonalds still claimed they offered a dollar menu but everything on it was a dollar and 7 cents i dont want to live in a world where a dollar menu is not 1 dollar

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