“Falling Off A Cliff”: This Chart Proves That We Are In A Major Economic Downturn Right Now

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Title : “Falling Off A Cliff”: This Chart Proves That We Are In A Major Economic Downturn Right Now
Link : “Falling Off A Cliff”: This Chart Proves That We Are In A Major Economic Downturn Right Now

The number of job openings in the United States has been “falling off a cliff”, and that is a major red flag. The last four years have been an economic nightmare for most Americans, and that is one of the primary reasons why Donald Trump won the election. But as we approach 2025, things are starting to get frighteningly bad. When the number of job openings in the U.S. drops by 2 million or more, that normally signals that we are either in a recession or that one is about to happen. Well, as you can see from this chart that was posted by Bravos Research on Twitter, we are witnessing a collapse in job openings that is absolutely unprecedented…I was floored when I saw that chart.

I knew that job openings were falling, but I didn’t know that things had gotten this bad. Not too long ago, there were about 12 million job openings in the United States. Unfortunately, here in the second half of 2024 that figure has fallen below 8 million…Meanwhile, major employers continue to shed workers all over the nation. (Read More)