# 💰 US economy chat ... econochat!

**URL:** <https://sellersasksellers.com/t/us-economy-chat-econochat/4367>\
**Category:** E-commerce Business Management\
**Created:** [July 16, 2024, 7:10pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367 "2024-07-16T19:10:12Z")\
**Posts on this page:** 1\
**Showing post:** 7

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**Author:** ![HumbleWarrior](https://sellersasksellers.com/user_avatar/sellersasksellers.com/humblewarrior/32/4020_2.png) [@HumbleWarrior](https://sellersasksellers.com/u/HumbleWarrior)\
**Post date:** [July 16, 2024, 2:18pm UTC](https://sellersasksellers.com/t/us-economy-chat-econochat/4367/7 "2024-07-16T14:18:53Z")

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> [@Amazon plans to kill FBA and FBM (except Chinese FBM sellers). How should we prepare?](https://sellersasksellers.com/t/amazon-plans-to-kill-fba-and-fbm-except-chinese-fbm-sellers-how-should-we-prepare/4337/27):
>
> The economy is not getting worse and unemployment is at an all-time low.

Hmm… 🤔 not sure whether you’re talking about the unemployment of US or other countries. The US unemployment rate has been going up lately. Lots of lay off since the Fed began hike up the interest rate. See the chart below:

 ![image](https://sellersasksellers.com/uploads/default/original/2X/4/409fd1db80abf33ad836898107c6ebd5c74d67e9.png)

Also, the unemployment number is calculated in the way to make economy appear better than reality. After 6 months, it stops including people who lost the job. The calculation assumes that 100% of people got a new job after 6 months. That’s a huge flaw. Some experts suggested to use the numbers from giant payroll companies such as ADP to get a way more accurate of the employment but the government refused to do it.

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