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This economy looks like shit (hexbear.net)

submitted 1 week ago by Assian_Candor@hexbear.net to c/chat@hexbear.net

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Had a beer with a friend this weekend who works in car rentals. Says numbers are way down. Auto manufacturers don't want to sell cars to rental fleets because they're already having trouble moving inventory to new buyers and don't want a flood of late model second hand cars.

Clean energy, one of the few growth sectors in the US, was unceremoniously shot as part of BBB. They're cutting huge chunks from the government.

Inflation looks like shit. 12 pack of coke is 10 fucking dollars (who cares I'll keep drinking that garbage). My household has certainly pulled back as have many others. And tariffs haven't started to bite yet.

Housing markets are frozen in the south. saw a piece out there this morning that AI capital investment contributed more to GDP than consumer spending.

BLS numbers were so bad Trump shot the messenger. This is only the beginning as well, three and a half more years to go. And then we get Buttigieg I guess? There's no way out.

What are you folks seeing out there? Lets gather up our anecdata

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[–] blunder@hexbear.net 41 points 1 week ago (1 children)

the absolute degenate state of job boards

What the fuck is with this, nobody fucking answers anything

[–] Beaver@hexbear.net 31 points 1 week ago

I haven't heard a good explanation. People keep saying that all the ghost listings are "data gathering", but I'm not sure what kind of a data would be gathered or why it would be valuable. I also can't quite figure out what the point is of spamming job listings with applications that are fake or very obviously not suited for that job. It's not like they're going to get hired, so there's no payday for the recruiter even with high volumes. It seems like job seeking and hiring for are just fundamentally broken right now.