Hmm, so strange the unemployment rate isn't reflecting what is actually happening. Coincidence it's the primary measurement used by the Biden admin to project a strong economy and labor market? Of course not.
Layoff announcements spiked in September, according to outplacement firm Challenger, Gray & Christmas. Job cuts last month rose to nearly 30,000, an increase of 46% from August, while the number of companies announcing hiring plans last month fell to the lowest level in more than a decade, the firm said.
https://www.cbsnews.com/ne...
Layoff announcements spiked in September, according to outplacement firm Challenger, Gray & Christmas. Job cuts last month rose to nearly 30,000, an increase of 46% from August, while the number of companies announcing hiring plans last month fell to the lowest level in more than a decade, the firm said.
https://www.cbsnews.com/ne...
Layoffs rising as the U.S. economy slows - CBS News
More Americans filed for jobless aid last week as layoffs jumped, showing the Fed's rate hikes are taking a toll.
https://www.cbsnews.com/news/layoffs-initial-unemployment-claims-jobless-benefits-2022-10-06/
2 yr. ago