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Got a job offer from Atlassian last week, yay!!! One thing I'm wondering about, though, is the healthcare benefits. I understand the fantastic regular healthcare coverage, but can any current employees tell me what that looks like for mental health care? I don't feel comfortable probing into that with the recruiter.
What does EY offer to a Tax consultant 1 and 2 ?
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Guess what pic is? Round 2
Pro
Recession doesn’t have to correlate to unemployment
Enthusiast
More like it’s not actually a recession until there’s unemployment (cf. the Fed using the Sahm rule)
IF we’re going into a recession (as some people are calling for despite what the economy is actually telling us) then it’s only by definition. Unemployment is at record lows, consumer spending is up, corporate profits up.
Enthusiast
Precisely. Look at car repos… ppl can’t pay their car loans and are selling them back
A minor recession (if any) that has been overhyped by the media where demand is still outpacing supply of labor.
Same.
The 2y/10y inversion has preceded all recessions before , exactly when that happens is anyone's guess.
Conversation Starter
Lady hooray?
Pro
The reason for this potential recession is high inflation. Due to high inflation, Central banks are tightening money supply. That will make ppl spend less on Goods and as a result there may be a slow down. This recession is induced because post pandemic surge in activity, coupled with supply chain delays and high amount cash in economy due to stimulus programs would have led to hyperinflation. So central banks are trying to put brakes on consumption. The hopes are that this is going to be temporary and economy will bounce back in a few quarters with lower inflation.
Soft landing? But my portfolio….
Enthusiast
A million people died from the 'rona