Trump's Economy: Job Layoffs Surge to Highest Level in A Decade ROF

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4 replies	Author	Time	Post
Trump's Economy: Job Layoffs Surge to Highest Level in A Decade ROF (Original post)	sagesnow	Apr 2019	OP
Is the comparison to 2009 a percentage of the population or just a straight number amount?	efhmc	Apr 2019	#1
It's a percentage increase in the periodic number	FBaggins	Apr 2019	#3
He's incorrect	FBaggins	Apr 2019	#2
My gauge of the local economy	KentuckyWoman	Apr 2019	#4

Response to sagesnow (Original post)

Wed Apr 10, 2019, 02:36 PM

efhmc (14,220 posts)

1. Is the comparison to 2009 a percentage of the population or just a straight number amount?

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Response to efhmc (Reply #1)

Wed Apr 10, 2019, 03:28 PM

FBaggins (25,621 posts)

3. It's a percentage increase in the periodic number

Not at all uncommon to see large swings in that figure. For instance, the most recent month is down 21% from February.

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Response to sagesnow (Original post)

Wed Apr 10, 2019, 02:43 PM

FBaggins (25,621 posts)

2. He's incorrect

The number that surged is the Challenger, Gray and Christmas tracking of planned layoffs above a certain size. That's certainly relevant, but not entirely persuasive because lots of things impact that figure other than a good/bad economy.

Where ROF is incorrect here is that the monthly BLS job creation figure is net of all job losses.

It's also worth pointing out that the weekly new-filing job loss number last week was the lowest in about 50 years.

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Response to sagesnow (Original post)

Wed Apr 10, 2019, 06:23 PM

KentuckyWoman (6,124 posts)

4. My gauge of the local economy

has always been what the fast food joints are willing to pay to get help. Not at all scientific but so far I'm 100%.

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