That's because most of the major economies are going into recession or starting to tank.
Besides, here in the US, we have somewhere between 68-74% of the people living paycheck to paycheck. That doesn't happen in a good economy and it's been that way for about a year. I said two and three years ago we'd be going into a recession.
The average number of hours worked by people has declined for three years. That doesn't happen in a good economy. In a good economy the number of hours worked rises and new employees are added.. That's not happening.
About half the states here in the US are in recession (Something I was planning on posting soon) and technically we're almost at half the nation in recession, which is totally understandable with 68-74% living paycheck to paycheck. Businesses feel the pain, just not the biggest ones so much yet, but they will. Other countries are in or heading into recession as well.