Rising Corporate Bankruptcies in the US Economy Signal Potential Job Losses
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#7272416b ver:0.3

Rising corporate bankruptcies in the US and Australia signal potential job losses. In Australia, business bankruptcies reach a 25-year high, with sectors like real estate, construction, and retail being hit hard. The US also sees a surge in bankruptcies, particularly in consumer discretionary, healthcare, and industrials. Analysts warn of the risk of something bad happening in the economy if monetary policy remains unchanged. Wall Street forecaster Danielle DiMartino Booth predicts a corporate bankruptcy cycle in the US that will lead to job losses, impacting income and the job market. #EconomicChallenges #JobLosses #Bankruptcies...

#newstr #Australia #UnitedStates #BusinessBankruptcies #Economy #JobLosses #Inflation #JobMarket #SmallBusinesses #Unemployment 

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