Life will be more difficult next year, and ordinary people will face four major problems, so it is recommended to prepare in advance!
In the wake of the pandemic, there has been a lot of speculation about the economic outlook,** and there could be revenge spending. However, the reality is very different, and people are now spending more cautiously.
Inflation in the United States has had a huge impact on the global economy, and China's economy is also showing a downward trend. It is expected that the situation next year will be even more severe, which will affect the four major problems faced by the broad masses of the people, which are closely related to our lives.
*Go on**.
Today, prices continue to be ** and purchasing power is declining. The economic situation is not optimistic, corporate profits are small, and a large number of layoffs have begun to reduce costs. After layoffs, they took various measures to save money and try to overcome the difficulties, after all, labor costs have always been the largest cost for enterprises.
This has led to an influx of many people who have been laid off in the ride-hailing industry in an attempt to make a transition. However, the industry is gradually saturated with the decline in orders and **, which also puts pressure on the income of full-time drivers.
Even workers who were not laid off faced pay cuts and had to wear multiple hats to maintain stability. However, when they go shopping at the wet market, they can only buy a small amount of goods compared to expensive vegetables and meat. This suggests that consumers are starting to become more cautious.
Employment pressures are increasing.
After the outbreak of the epidemic, many businesses faced the risk of bankruptcy and began mass layoffs to reduce costs, resulting in a sharp reduction in jobs in the market. The recession in the real estate and education sectors has also led to a sharp drop in sales in related industries, exacerbating the job shortage.
It is estimated that more than 10 million graduates will enter the labor market in the next two years, while job opportunities are decreasing, employment pressures are increasing, competition is intensifying, and internal competition is intensifying.
Loan repayment pressure has increased.
Today, mortgage pressure continues to rise, even as banks continue to cut mortgage rates below 4%, but for homebuyers, this has not spurred them to buy a home. Many people are still overwhelmed by the strong mortgage pressure, which shows that the desire to buy a home has not waned.
In fact, real estate is mostly in the hands of a few. Many people choose not to buy a house because they can't afford to pay their mortgage, and only those who have enough savings or funds will buy a house.
In recent years, as the impact of the pandemic continues, the market environment has become increasingly unfavorable, with many people losing or having their income significantly reduced. This situation has led to a continuous decline in people's willingness to buy a home, as it is difficult for them to afford large loans in the face of increasing life pressures.
A heavy mortgage can make life unbearable and limit purchasing power. This situation not only affects daily life, but also has an impact on the long-term economic development of the country.
Interest rates on bank deposits have fallen.
The successive reductions in bank deposit rates have reached an all-time low. Recently, the six major state-owned banks have lowered their deposit rates three times in a row, and small and medium-sized banks have followed suit, bringing the current deposit rates to a record low. According to **, there is still room for the deposit rate to be lowered. The main reason why banks frequently cut deposit rates is that there are too many deposits right now, and banks want people to withdraw funds for consumption and investment.
The decline in deposit rates will make it difficult for depositors' interest income to keep up with current prices**. Many customers don't know what to do because they save to cope with problems that may arise, such as unemployment, illness, or old age. If they keep their savings for consumption, what will they do if they need it urgently in the future?What's more, the current investment market is very risky, and investing in deposits rashly may mean a greater risk of loss.
Flatly. It is expected that 2024 will be full of challenges, and the economic problems faced by small citizens will be more serious. However, if we can accurately recognize and analyse these challenges and take reasonable and effective measures, we can hopefully overcome the difficulties and ensure the economic stability of individuals and families.
In this era of change, foreseeing the future and being well prepared is the key to success.