Could we see US Unemployment Rates hitting 18% by Sep 2026 (in less than a year)
There are a combination of factors working together that could spike the unemployment in USA & globally like:-
- The AI revolution, & Aggressive Adoption of Automation
- The ongoing Trade Wars - USA at the epicenter
- High Interest Rates → Slower Business Expansion
- Weak Small Business Confidence - Small businesses contribute 40%+ of US jobs.
- Tech Sector Layoff Loop - Even giants like Google, Amazon, and Meta have slowed hiring or are conducting small, continuous layoffs.
The technical structure also suggests, something big will happen soon that will create chaos in the US labor market - only time will tell
...............Checkout the chart.................
There are a combination of factors working together that could spike the unemployment in USA & globally like:-
- The AI revolution, & Aggressive Adoption of Automation
- The ongoing Trade Wars - USA at the epicenter
- High Interest Rates → Slower Business Expansion
- Weak Small Business Confidence - Small businesses contribute 40%+ of US jobs.
- Tech Sector Layoff Loop - Even giants like Google, Amazon, and Meta have slowed hiring or are conducting small, continuous layoffs.
The technical structure also suggests, something big will happen soon that will create chaos in the US labor market - only time will tell
...............Checkout the chart.................
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.