Correction: 1 Q was a negative 2.8 GDP.
2Q was 4.3.
3Q was 5.0
4Q was 2.6.
For an average of 2.3 GDP for 2014 and now, the oil/gas industry is preparing to lay off upwards of 50,000 people, which will effect 10x that number (140,000 in Texas alone).
The weakest recovery ever, facing a collapse in the job market (70% of all jobs created in the past 6 years have been in fossil fuel related industries) and we have the template for another economic collapse.
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Showing posts with label GDP 2014. Show all posts
Showing posts with label GDP 2014. Show all posts
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