Unemployment rate edged up to 3.6% in March, but it is still classified as Full Employment. Walmart just announced to cut over 2000 warehouse workers, McDonald also laid off corporate employees. Facebook, Amazon, Twitter and numerous high tech firms have been eliminating thousands of positions. Banking industries are also in the same boat. Manufacturing numbers is the lowest in three years. OPEC just announced production cuts in order to keep oil prices high. All these will have big impact on our economy.

Do you think our unemployment rate will increase tremendously in the coming months? Do you think labor wages will go down? Do you think the economy will start to cool down?