Unemployment

In my previous report from late September, I discussed the likelihood of an increase in layoffs as we approached the year-end, this is the case right now and i doubt we will see a slowdown any time soon. These are the Headlines (links below) from mid Novmember:

If you look back to the chart i posted in “Chasing Rainbows in the Fog” you see a small uptick up until now

I will post a report which will be more detailed in the beginning of December

Thanks,

Finn

https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2023

https://fortune.com/europe/2023/11/24/barclays-bank-1-billion-cost-cutting-plan-2000-layoffs/