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Cake day: June 22nd, 2024

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  • Well if the crops are going bad, you don’t need to hire the truckers to move the produce, you don’t need to hire the grocers to sell the produce, and you don’t need to hire the chefs to cook the produce.

    The article doesn’t address this though, rather:

    Job openings decreased in health care and social assistance by 181,000, in arts and entertainment by 62,000, and in mining and logging by 13,000.

    Which doesn’t say that it’s directly related. Health care and entertainment jobs reducing is probably more indicative of Americans spending less on discretionary spending either because of economic hardship or the expectation of economic hardship.

    Mining and logging losses could be tariff related, or possibly in response to softening demand for primary inputs.





  • kiku@feddit.orgtoWorld News@lemmy.world*Permanently Deleted*
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    8 months ago

    It’s also weird because if they get rid of Elon then people would start looking at the actual fundamentals of Tesla which would lead to a much much lower stock price. In December, Tesla was valued at roughly the same as the rest of the worlds auto manufacturers combined, despite selling only 3% of the worlds cars in 2023.