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Tech Layoffs Faster Than 2000! - So Who’s Next?
There are many factors that can affect a company's decision to lay off employees, and interest rates are just one of them. That being said, there are a few ways that rising interest rates could potentially impact the economy.
One possibility is that as interest rates rise, it becomes more expensive for businesses to borrow money. This could lead some companies to cut costs, potentially by laying off employees or reducing their hours. This could have a negative impact on employment and economic growth.
As demand for goods and services increases, this can lead to higher inflation. In response to higher inflation, the central bank may decide to raise interest rates in order to try to keep inflation in check. If this is the case, the economy may continue to grow despite the rising interest rates. The higher they go, the more burden they put on the borrower.
It's important to note that there are many other factors that can affect the economy and employment, and the relationship between interest rates and employment is certainly complex.
TOPICS AND TIMESTAMPS:
Big Cuts 0:00
Jobs Getting Weird 6:55
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It's simply data that is generally not found through conventional means.
#money #inflation #economy
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