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How’s the economy where you are? (ani.social)
submitted 1 week ago by to c/asklemmy@lemmy.world
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After reading this news story that half of Americans are skipping meals because of affordability and a bad economy, I have to ask how are you all doing out there?

I heard from a real estate agent friend of mine that REOs, i.e. bank foreclosures on home mortgages, are going up like crazy, which is a sign of bad times, like the recession of 2007-08.

I have heard from others about rents not being paid, lack of jobs, etc.

Every day, there’s more news of corporate layoffs, moreso than usual.

I live in the economic bubble of the SF Bay Area, where tech wealth more-or-less insulates me and mine from the most serious consequences of a bad economy, but how are things elsewhere?

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[–] 8 points 6 days ago

I’m willing to bet it’s 95% ghost listings that keep getting reposted until covid loans get waived.

Either that or just straight-up data farming. How do you collect the identities of thousands of IT workers? Put up a bogus remote job listing for a too-good-to-be-true IT position on Indeed and let them send it to you voluntarily.

Subsequent marketing calls and scam emails unrelated.

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