Post #15051 by commonone on the US Policy board

Halls of Shrewd'm / US Policy ❤

Unthreaded | Threaded | Whole Thread (13)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 8

LurkerMom: ‘The number of high-paying job opportunities is dwindling’

From your link: But six-figure opportunities jumped when it came to in-person job openings, rising 93% over the course of the fourth quarter.

Dwindling?

LurkerMom: ‘Layoffs rise to the highest for any February since
2009, Challenger says’

Well, when you get your "news" from some moron named Wall Street Silver on Twitter, you get what you deserve: misled.

Had you gone directly to the CNBC article, you would have read this:

The layoff numbers, however, are not feeding through to weekly jobless claims, suggesting that unemployment is short-lived and workers are able to find new positions. Initial filings for unemployment insurance totaled 217,000 in the most recent week, unchanged from the previous period and exactly in line with Wall Street estimates.

IOW, those layoffs don't keep employees out of the job market long enough to impact jobless claims. In a red-hot job market, workers quickly find new jobs.

At some point this record-breaking jobs market will cool but not today... or last month.

https://www.cnbc.com/2024/03/07/layoffs-rise-to-th...

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (13)

Prev | Next

Announcements

US Policy FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.