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In reply to the discussion: U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3% [View all]
Wiz Imp
(10,024 posts)23. UPS announced layoffs planned for the entire year. I could not find any numbers
on if layoffs already occurred. Amazon laid off 16,000 in January, which would have shown up in February data which currently show a 133,000 drop in jobs nationally - so the Amazon layoffs would seem to be accounted for in the numbers. Dow and Morgan Stanley layoff announcements were of global staff, so we have no idea how many are in the US. Plus Dow layoffs were not announced to be immediate but planned over the course of the year.
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U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3% [View all]
BumRushDaShow
16 hrs ago
OP
The revisions coming for this number will hopefully reflect some sort of reality.
NoMoreRepugs
16 hrs ago
#1
(revised title) It was revised down, yes, but to 116k - which is their very latest
progree
5 hrs ago
#60
Yes, they are all catastrophically horrible numbers, being that they are totals for AN ENTIRE YEAR. /nt
progree
5 hrs ago
#62
You read what the former head of the BLS said? She didn't seem to be so gung-ho
wolfie001
6 hrs ago
#53
Most any day in the "news" they report lay-offs in the tens-of-thousands. Hmmm.
twodogsbarking
15 hrs ago
#8
I get this message: This story is available exclusively to Business Insider subscribers.
Wiz Imp
15 hrs ago
#26
Here's the msn no-paywall republication of it (at least part of it, omitting the actual breakdown of companies) -
BumRushDaShow
14 hrs ago
#36
Thanks. As expected, these layoff announcements are not inconsistent with the BLS data.
Wiz Imp
14 hrs ago
#41
Keep in mind that Oracle's layoffs occurred after the reference period in March
Wiz Imp
15 hrs ago
#19
And I explained how the jobs data just released are not inconsistent with those layoff announcements.
Wiz Imp
14 hrs ago
#28
UPS announced layoffs planned for the entire year. I could not find any numbers
Wiz Imp
15 hrs ago
#23
For those who are so sure these numbers are fake, then why would the administration
Wiz Imp
15 hrs ago
#12
The numbers are seasonally adjusted, so they account and adjust for normal seasonal fluctuations
progree
12 hrs ago
#43
"a drop of 133,000 jobs in February? And February's number was even revised downward significantly."
BumRushDaShow
14 hrs ago
#29
I had never noticed the mislabeling of the CNBC graphs before, OMG! Here's both sets of numbers, and ADP
progree
11 hrs ago
#47
How are we supposed to believe any numbers coming out of this administration, give wrong numbers and you get fired.
Walleye
14 hrs ago
#33
Total BS. The career statisticians who produce the numbers at BLS have not been fired. Not a single one of them.
Wiz Imp
14 hrs ago
#35
Let me guess... the heavy lifter here is "healthcare", hmm? Nursing homes and the like, right?
Scott Alan Swaggerty
11 hrs ago
#45
There are government jobs available. You must be willing to work nights and week-ends and
twodogsbarking
11 hrs ago
#46