David Asman: Americans Are Running Out of Savings

ASMAN Remember we have ░░░░░░░░ s not bury the ░░░░░░░░ here This is a ░░░░░░░░ jobs number a very ░░░░░░░░ jobs number FAULKNER Yeah ░░░░░░░░ said that And normally ░░░░░░░░ d be celebrating it ░░░░░░░░ 100 000 more than ░░░░░░░░ was expected The problem ░░░░░░░░ that Americans are running ░░░░░░░░ of savings Americans built ░░░░░░░░ this huge pile of ░░░░░░░░ during the pandemic because ░░░░░░░░ the lockdowns where they ░░░░░░░░ t go out and ░░░░░░░░ money on vacations and ░░░░░░░░ 2 7 trillion of ░░░░░░░░ was developed over the ░░░░░░░░ That created a tremendous ░░░░░░░░ for them coming out ░░░░░░░░ the pandemic Of course ░░░░░░░░ ve been spending a ░░░░░░░░ in the past six ░░░░░░░░ or year since we ░░░░░░░░ out of the lockdowns ░░░░░░░░ inflation has kicked up ░░░░░░░░ the same time And ░░░░░░░░ s happening now is ░░░░░░░░ Americans are actually dipping ░░░░░░░░ their savings because of ░░░░░░░░ So they are running ░░░░░░░░ of their savings What ░░░░░░░░ you do when you ░░░░░░░░ at home and you ░░░░░░░░ out of savings You ░░░░░░░░ back to work A ░░░░░░░░ of people who had ░░░░░░░░ sitting on the fence ░░░░░░░░ now seeing these 11 ░░░░░░░░ jobs cherry picking the ░░░░░░░░ good ones and there ░░░░░░░░ a lot of good ░░░░░░░░ out there and going ░░░░░░░░ jobs That s the ░░░░░░░░