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Japan and UK enter recession
Citizen Watch Report ^

Posted on 02/15/2024 9:48:34 AM PST by davikkm

The global economic landscape is facing turbulent times, with recessionary waves hitting major economies. Japan recently slipped into recession for the second quarter in a row, catching many by surprise. Meanwhile, the UK has officially entered a technical recession, marking a challenging period for economies worldwide.

The signs are evident not just in economic data but also in the surge of layoffs that have become a common theme in recent months. Industry giants such as Twitch, Hasbro, and Spotify are among those announcing significant workforce reductions. Over 100,000 individuals have been affected by these layoffs in the first few months of 2024, raising concerns about the resilience of the labor market.

(Excerpt) Read more at citizenwatchreport.com ...


TOPICS: Business/Economy
KEYWORDS: japan; recession; uk

1 posted on 02/15/2024 9:48:34 AM PST by davikkm
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To: davikkm

Biden has made USA recession proof /S


2 posted on 02/15/2024 9:59:38 AM PST by Bobbyvotes (MAGA all the way with PDJT!)
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