Why? Is it too expensive to live in a 'healthy labour workforce' business environment while layoffs are still ongoing for some companies. Btw, how soon will companies rehire those retrenched workers and see a healthy rise in employment rate? Will the Fed continue to use fiscal policy to spend more on strategic sectors at the same time interest ratea are cut because these two may increase price pressure again and budget deficit even more? I think govt budget will be tighten while interest rate begins cutting which means there will be far less jobs in time to come as previously jobs were very much supported by govt spending? So oops, expect soft if not hard landing to come folks!!
Comments