AZST:
Layoffs at U.S. companies surged for another month as businesses adjusted to current market conditions, despite huge reported job gains, according to outplacement firm Challenger, Gray & Christmas, Inc.
Job cuts increased to 84,638 in February, 3% higher than in January when layoffs also soared, and 9% higher than February last year, which had 77,770 cuts, according to the report. The layoffs are in spite of strong reported job growth, with the U.S. adding 353,000 nonfarm payroll jobs in January, far higher than expectations of 180,000. more
Since new jobs always gets revised downward a month or two later, prehaps put some Kentucky Windage on the “initial” numbers or include a disclaimer.
They lie to us. We know they’re lying to us. They know we know they’re lying to us. And they just keep lying to us.
I forget which Russian said that.
“They lie to us, we know they’re lying, they know we know they’re lying, but they keep lying to us, and we keep pretending to believe them.”
Alexander Solzhenitsyn.
What do you mean, “lying”? Just because they revised the January number of 353k “new and exciting jobs” down to 178k, it doesn’t mean they were lying, does it? Just curious, but is Dominion involved in any way in this count?