Thread regarding State Farm Insurance layoffs

I think it's great the US economy is slowing and we are finally addressing the rats that have been our enemies since 1979. It's long overdue from Gen X to present learn they are not entitled. It's about time the work starts after the huge party. It's long overdue we learn to appreciate the working class.

As mentioned in a previous post -

(Watch) Crude Oil Prices - Brent Crude Oil (the Global standard) just passed $92.00 a barrel, and will continue to rise; impacting Prices for other products like gasoline; fertilizer; etc.

As Crude Oil Prices continue to rise, it will (over time) have a Very Negative effect on the (Overall) U.S. economic-financial system (including the U.S. stock market) heading towards 2027 (or sooner).

Inflation, and Employment Layoffs; will Increase over time; while U.S. consumer spending Decreases.

♤ Do understand.

☆ The (Real) Economy is (Faltering) and has been since 2025.

☆ Proven here.

Verizon on July 16th (last Thursday) laid off a total of 3,000 employees (including 500 from Corporate).

☆ No where in the Official Employment-Unemployment data is this reflected.

I track the Unemployment data, and other things like Inflation; Crude Oil prices; etc.

☆ To know the (Actual) Truth about the U.S. economy.

For example, for July 2026 (thus far) there have been a Total of 10,040 Technology layoffs (not including the missing 3,000 Verizon layoffs).

Thus far during 2026, for the Technology Sector (Overall) there have been 465 layoffs, 168,511 employees affected; 834 people per day.

For 2025, for the Technology sector; there were 783 layoffs, 245,953 employees affected; 674 people per day.

At the end of the year (most likely) (revised) Downwards (Overall) job creation numbers like (2025) will come out.

☆ For 2025, jobs (All Sectors) created (and reported throughout the year were 584,000 Total) at the end of the year; the Total was revised Downwards to a loss of 403,000 Total jobs created.

♤ Do understand.

@hd you obviously know nothing. Facts are your kryponite

@hc you don't get the power of the US Military and the strategy of the war. Another Obama econ student.

Crude Oil Prices (are) going to continue to rise (over time) -

• Iranian-Houthis are now blocking the other Strait (Bab al-Mandab).

  ■ Effective today (M, 7/20/26) 32.0% of Global Crude Oil Supply is now effectively cut-off (instead of just 20.0%).

82.00 today. The world is crashing OMG!

@e3 Oil Price reached $140/barrel during the Biden administration

;;;;;
Learn to use them

oilprice.com > Last week, Brent Crude Oil rose 12.0% to $88.00 a barrel.

This evening, it is now approaching $91.00 a barrel; and it will continue to rise; over time.

♤ Do understand.

(You) dont (know) what (you) are (talking) about. (Id--ta)

@OP

Over the past decade, U.S. total employment has grown steadily from roughly 146 million in 2016 to peak at a record-high of 163.9 million in late 2025. As of mid-2026, employed persons in the country total approximately 162.2 million.You can review monthly breakdowns and historical reports by visiting the U.S. Bureau of Labor Statistics or explore the historical dataset on Trading Economics.