Ford Halts US Production Indefinitely Amid Falling Demand & Unsafe Workplace, End Of Small Business (Video)
Ford Halts US Production Indefinitely Amid Falling Demand & Unsafe Workplace, End Of Small Business Video by Silver Report
Ford to halt US production indefinitely! The company also said there is no rush to restart production due to an unprecedented collapse in demand for cars. The auto sector has been mired in recession for some time now so initially, the production halt was a good thing. Since then things have taken a turn for the worse as global auto sales are expected to grind to a halt. We also examine the ADP jobs data which came in better than the initial jobless claims would suggest though they didn’t fully encompass the full weight of the job losses yet. The ADP jobs report showed a decline of 27,000 jobs which isn’t exactly a good thing while better than expected small businesses saw 90,000 job losses. Small businesses seem to be experiencing the brunt of this economic slowdown while the largest corporations in America are rapidly gaining market share and adding employees. I know they talked about workers and small businesses yet it doesn’t seem like anybody without a lobby didn’t get their grievances heard.