RCH Fed: manufacturing is having worst month since depths of covid lockdowns as new orders continue plunging; layoffs are now so widespread w/ so little hiring that the employment index is below even the covid lockdowns – it's the worst reading since '09: pic.twitter.com/0SWSXqVF5j
— E.J. Antoni, Ph.D. (@RealEJAntoni) September 25, 2024
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No one cares when thousands of manufacturing employees become unemployed because their jobs are moved off shore to China, Mexico etc.. However, if 1 high reward low effort teacher’s job is terminated the world comes to an end. Who is $ John Galt?
Tremendous posting, thank you. I know someone in NJ that was a history teacher turned student counselor. He retired at 57. His pension was $52,000/yr. I think he is now over $1 million in payments. He gleefully told me years ago that he and his wife, also a teacher, were happy with their career choices. I guess so.