Companies Have Completely Stopped Hiring
Image Source: Pixabay
Hiring in the US absolutely plunged in June, so much so that you really have to see it to believe it. At the same time, global fast food giant McDonalds reported lower same store sales for the first time since 2020. The reason why people can no longer afford to eat as much under the golden arches isn't necessarily price changes, what's changed recently is the alarming retreat in employment.
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