WARNING: The Next Great Reset - UNEMPLOYMENT
Published: 2023-02-13
Status:
Available
|
Analyzed
Published: 2023-02-13
Status:
Available
|
Analyzed
Predictions from this Video
Incorrect: 0
Prediction
Topic
Status
Bank of America predicts the US will start losing 175,000 jobs per month from February 2023.
"Bank of America warning that the United States will begin losing 175 000 jobs per month starting now"
Pending
Economists believe the U6 unemployment rate is a more accurate measure of the economy, suggesting the true unemployment rate is closer to 7.3% rather than the reported 3.4%.
"many economists believe that they use six unemployment rate is actually a much more accurate reflection of our economy since it includes a broader range of people in situations and when you begin to consider that number the true unemployment rate of our economy is closer to 7.3 percent than the headline 3.4 percent that many people tend to believe"
Pending
Based on historical data since 1955, the US economy is predicted to experience a recession within two years, given current conditions of inflation above 4% and unemployment below 5%.
"since 1955 the U.S economy has always experienced a recession within two years from every quarter in which inflation was above four percent and unemployment was below five percent as the they are today"
Pending
Cathie Wood predicts that Artificial Intelligence will lead to increased productivity, citing Amazon's automation of infrastructure with robots as an example.
"Kathy Wood says that artificial intelligence is actually leading to more productivity with companies like Amazon being able to automate their infrastructure while they add thousands of robots a day"
Pending
Google advised employees to be more entrepreneurial, work with greater urgency, sharper focus, and more hunger, suggesting a shift in expectations for job security in challenging economic times.
"Google previously said word for word that we need to be more entrepreneurial working with greater urgency sharper focus and more or hunger than we've shown on sunnier days"
Pending
Apple CEO Tim Cook's pay was cut by 40% in 2023, resulting in an annual income of $49 million.
"Tim Cook had to take a 40 pay cut in 2023 so now he's only going to make 49 million dollars this year"
Pending
Goldman Sachs characterized recent corporate layoffs as a 'ripple, not a wave', despite initiating their largest layoff round since the Great Financial Crisis.
"Goldman Sachs believed that the recent round of corporate layoffs is a ripple not a wave even though they've started their largest round of layoffs since the great financial crisis"
Pending
Google communicated that employees need to exhibit greater entrepreneurial spirit, urgency, focus, and drive compared to periods of economic stability.
"Google previously said word for word that we need to be more entrepreneurial working with greater urgency sharper focus and more or hunger than we've shown on sunnier days"
Pending
Bank of America predicted the US would lose 175,000 jobs per month starting in February 2023.
"Bank of America warning that the United States will begin losing 175 000 jobs per month starting now"
Pending
The US economy historically experiences a recession within two years of any quarter where inflation is above 4% and unemployment is below 5%.
"since 1955 the U.S economy has always experienced a recession within two years from every quarter in which inflation was above four percent and unemployment was below five percent as the they are today"
Pending
For every 1% increase in the unemployment rate, the average worker experiences a 6-7% income loss.
"the average worker saw a six to seven percent income loss for every one percentage Point increase in the unemployment rate"
Pending
Ark Invest's Cathie Wood predicts that AI will drive increased productivity, enabling companies like Amazon to automate infrastructure and deploy thousands of robots daily.
"Arc invest Kathy Wood says that artificial intelligence is actually leading to more productivity with companies like Amazon being able to automate their infrastructure while they add thousands of robots a day"
Pending