JUST IN: Massive Layoffs Hit America — Job Market Enters Crisis Zone | Richard D. Wolff

JUST IN: Massive Layoffs Hit America — Job Market Enters Crisis Zone | Richard D. Wolff

In this video, we break down Richard D. Wolff’s economic analysis of why massive layoffs are sweeping across the United States — and what this sudden spike in job losses reveals about the deeper crisis inside the American economy. We explore the corporate profit pressures driving cost-cutting, the collapse of key industries, rising automation, and the shrinking safety net that leaves workers more vulnerable than ever. From wage stagnation to inflation stress to falling consumer demand, we examine how these layoffs signal a broader structural breakdown in the U.S. job market.

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