Massive Corporate Layoffs Show Bad Economy

[Viktor Tandofsky]

https://www.youtube.com/watch?v=1PLZB_zS6s4

[hhya...@gmail.com]

On Saturday, January 28, 2023 at 5:43:53 AM UTC+8, vtand...@gmail.com wrote:
> https://www.youtube.com/watch?v=1PLZB_zS6s4

That is because of very bad policies from an incompetent Trumptard!!!!

[Viktor Tandofsky]

Who left office 2 years ago.HHAHAHAHAHAHA!

[JWS]

Employment is +220,000 last month.
The rate of inflation is falling. Inflation
is a world-wide problem and is exacerbated
by poor response to the Covid pandemic.
Layoffs are mostly in the tech sector and
they will be looking for new employees
later this year.

[Mitchell Holman]

Viktor Tandofsky <vtand...@gmail.com> wrote in
news:63de46b4-8303-4e34...@googlegroups.com:

Under Biden:

U.S. added 223,000 jobs in December,
capping off strong 2022
JANUARY 6, 2023

https://www.cbsnews.com/news/hiring-jobs-report-december-capping-off-
strong-2022-12/





Under Trump:

Economy loses 140,000 jobs in December
Jan 8 2020

https://www.usatoday.com/story/money/2021/01/08/jobs-report-2020-140-000-
jobs-lost-december-amid-covid-19-surges/6588801002/

[Mitchell Holman]

Skeeter <nom...@invalid.invalid> wrote in
news:MPG.3e3ee978a...@usnews.blocknews.net:

> In article <XnsAF99D317F7DEA...@69.80.101.55>,
> noe...@verizon.net says...

> Going BACK to work after Covid is not a rise in jobs.
>


Jobs fell under Bush, rose under Obama,
fell under Trump, are rising again under Biden.

No wonder the country keeps voting for
Democratic presidents.

[hhya...@gmail.com]

You know that an administrative or political policies will have a long term effect?
Wow, your understanding of things is very poor...

[JWS]

On Friday, January 27, 2023 at 3:43:53 PM UTC-6, vtand...@gmail.com wrote:
> https://www.youtube.com/watch?v=1PLZB_zS6s4
Just an update:
Following the 2230,000 jobs added in Dec
there have been 513,000 jobs added in Jan.
Just FYI
You know.

[Viktor Tandofsky]

YOU DON'T KNOW WHAT LAYOFFS ARE?

[JWS]

Layoffs are when a company wants to raise its
profits on paper at the expense of its employees.
This is possible because the value of the product
that those laid off employees created still remains.
But now the company no longer has the ability to
generate that product at that level because the
workers are now gone. Soon, as the inventory
drops, the value of the company in terms of
productivity will fall.
But with a healthy and expanding economy that
is creating jobs, those people who were laid off
will be able to find employment.

[Viktor Tandofsky]

Layoffs happen when sales and business decline. That means the economy is bad.

[Mitchell Holman]

Viktor Tandofsky <vtand...@gmail.com> wrote in

news:70c77d65-9009-4594...@googlegroups.com:

So the big layoffs of 2018 - when Trump
and the GOP controlled whole government -
proves how bad the economy was under them.





These Companies Have Had Some of
the Worst Layoffs in 2018
JUN 28, 2018
https://www.thestreet.com/markets/these-companies-have-had-some-of-the-
worst-layoffs-in-2018-14637279




Mass layoffs see uptick in 2018, so far
June 26, 2018
https://www.minneapolisfed.org/article/2018/mass-layoffs-see-uptick-in-
2018-so-far

[JWS]

Layoffs happen due to what I stated. An individual
company in a thriving economy may be under-
performing for many reasons. Bad management,
poor product, poor sales, a shift in the company
goals. Layoffs at one company do not necessarily
reflect the economy in general.
In a company facing conditions like these, a quick
way to add value to the bottom line is to reduce
expenses. The fastest way to do that is to reduce
the payroll.

[hhya...@gmail.com]

Due primarily to stupid policies of Trumptard?

[JWS]

Also the lowest unemployment figures since 1969!
54 years! And Joe did it two!