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Economy

Farmer-Rick

(11,510 posts)

2. How can this be true

Reply to mahatmakanejeeves (Original post)

Fri Feb 3, 2023, 10:05 AM

Feb 2023

If this is true?

https://www.reuters.com/world/us/us-layoffs-hit-two-year-high-jan-tech-slashed-thousands-jobs-report-2023-02-02/

"U.S. layoffs surged in January as tech slashed thousands of jobs - report

U.S. layoffs surged in January as tech slashed thousands of jobs - report

By Samrhitha Arunasalam

Feb 2 (Reuters) - Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday."

The average person will be very confused by this and believe the government is lying to them. And god forbid the corporate media make an attempt to explain what sounds like a complete contradiction.

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U.S. weekly jobless claims at nine-month low; productivity accelerates [View all] mahatmakanejeeves Feb 2023 OP

From the source: mahatmakanejeeves Feb 2023 #1

How can this be true Farmer-Rick Feb 2023 #2

Wow!The unemployment rate is at its lowest since 1969 bronxiteforever Feb 2023 #3