by Michael Snyder, The Economic Collapse Blog:

The layoffs are starting to come at a fast and furious pace now.  At what point will the mainstream media finally admit that we are facing a major crisis?  In recent days, I have been writing quite a bit about the alarming transition that the employment market is going through.  There is a lot more competition for any jobs that are still available, and one recent survey discovered that almost 40 percent of U.S. companies anticipate that they will be conducting layoffs in 2024.  But even though I am just reporting the facts, I have had people write to me and insist that things really aren’t that bad.  Even though the government’s own numbers show that the U.S. lost a ton of full-time jobs in December, these people apparently believe the propaganda that is being fed to them by the Biden administration.