Freewill
Platinum Member
- Oct 26, 2011
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OK, I am confused. The MSM seems to paint a very bright picture of the job market. Yet when we look at the labor participation rate and now this information it makes one wonder what universe the MSM lives.
US job layoffs reach highest level in 4 years
Challenger, Gray & Christmas has released its monthly job cuts for July, and it is ugly. The 105,696 job cuts was the highest number since 2011. To put this in perspective, the July job cuts total is a whopping 136% higher than the 44,842 job cuts reported in June, as well as 125% higher than the in same report a year ago.
US job layoffs reach highest level in 4 years
Challenger, Gray & Christmas has released its monthly job cuts for July, and it is ugly. The 105,696 job cuts was the highest number since 2011. To put this in perspective, the July job cuts total is a whopping 136% higher than the 44,842 job cuts reported in June, as well as 125% higher than the in same report a year ago.