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Trump's Economy: Job Layoffs Surge to Highest Level in A Decade ROF (Original Post)
sagesnow
Apr 2019
OP
efhmc
(14,725 posts)1. Is the comparison to 2009 a percentage of the population or just a straight number amount?
FBaggins
(26,727 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.
FBaggins
(26,727 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.
KentuckyWoman
(6,679 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%.