If you're a journalist for a mainstream media outlet, you just print or report whatever you're fed. It's quite dogmatic. AI can do that job just fine. But, contrast that with free thinkers such as Michael Snyder, or James Kunstler, Glen greenwald, etc. AI can never replace these writers. There's too much of a human element in their work.
I do not know what previous years’ January layoff figures look like when compared to the preceding month’s figures. However, Michael, you are intimating a gloom and doom when it is just as likely that every January many more layoffs happen than in the preceding December.
Two factors, nether of which you discussed could be influencing the January rise:
A. Businesses do increase hiring some months before Christmas in anticipation of greater increases in sales, shipping, etc. Then they reduce employees in January as business slows. That would certainly skew the numbers from month to month.
B. Only a Scrooge would layoff employees before or during the Christmas holiday period. Yes, I realize that it is a business decision, but even then the companies do not want to look evil and uncaring and thus would hold on to their bloated numbers through the holidays and decide to cut staffing in January.
Wish you had a long period of comparing monthly numbers during the two month time period in question. Such data would or would not show trends and unusual variances that can be liked to the coming economic meltdown.
I do support your conclusions but lack the historical data to verify them. And yet,, my gut says you are spot on and we will see a huge drop in the economy by Summer 2024.
Yes there is an annual hiring decline after the holidays, but the high numbers are not normal. One key is that the homeless are exploding, we are in a very bad spot and it's about to get a lot worse.
So what should we call it when the number of layoffs in our country goes up by 136 percent in just one month?
-A PLANNED DEMOLITION, of the formerly United States of America.
If you're a journalist for a mainstream media outlet, you just print or report whatever you're fed. It's quite dogmatic. AI can do that job just fine. But, contrast that with free thinkers such as Michael Snyder, or James Kunstler, Glen greenwald, etc. AI can never replace these writers. There's too much of a human element in their work.
This clearly shows the real bleeding has begun seems more and more we will not make it to Nov.
According to The Dummy, he created 350,000 jobs in January. What gives?
I do not know what previous years’ January layoff figures look like when compared to the preceding month’s figures. However, Michael, you are intimating a gloom and doom when it is just as likely that every January many more layoffs happen than in the preceding December.
Two factors, nether of which you discussed could be influencing the January rise:
A. Businesses do increase hiring some months before Christmas in anticipation of greater increases in sales, shipping, etc. Then they reduce employees in January as business slows. That would certainly skew the numbers from month to month.
B. Only a Scrooge would layoff employees before or during the Christmas holiday period. Yes, I realize that it is a business decision, but even then the companies do not want to look evil and uncaring and thus would hold on to their bloated numbers through the holidays and decide to cut staffing in January.
Wish you had a long period of comparing monthly numbers during the two month time period in question. Such data would or would not show trends and unusual variances that can be liked to the coming economic meltdown.
I do support your conclusions but lack the historical data to verify them. And yet,, my gut says you are spot on and we will see a huge drop in the economy by Summer 2024.
Yes there is an annual hiring decline after the holidays, but the high numbers are not normal. One key is that the homeless are exploding, we are in a very bad spot and it's about to get a lot worse.
Just a coincidence.
Besides, Trump did it.
Danny Hucabee