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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: commonone   😊 😞
Number: of 84362 
Subject: Re: Biden's Final SOYU
Date: 03/08/24 9:45 PM
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LurkerMom: ‘The number of high-paying job opportunities is dwindling’

From your link: But six-figure opportunities jumped when it came to in-person job openings, rising 93% over the course of the fourth quarter.

Dwindling?

LurkerMom: ‘Layoffs rise to the highest for any February since
2009, Challenger says’


Well, when you get your "news" from some moron named Wall Street Silver on Twitter, you get what you deserve: misled.

Had you gone directly to the CNBC article, you would have read this:

The layoff numbers, however, are not feeding through to weekly jobless claims, suggesting that unemployment is short-lived and workers are able to find new positions. Initial filings for unemployment insurance totaled 217,000 in the most recent week, unchanged from the previous period and exactly in line with Wall Street estimates.

IOW, those layoffs don't keep employees out of the job market long enough to impact jobless claims. In a red-hot job market, workers quickly find new jobs.

At some point this record-breaking jobs market will cool but not today... or last month.

cnbc.com - Layoffs rise to the highest for any february since challenger says
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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