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re: Ouch! 275k Jobs Added in February

Posted on 3/8/24 at 4:50 pm to
Posted by deeprig9
Unincorporated Ozora, Georgia
Member since Sep 2012
64214 posts
Posted on 3/8/24 at 4:50 pm to
I'm not a guru on this stuff but I work for a Fortune 10 and reorg/layoff announcements already coming out, including some of our peer companies. That stuff means more to me than the metrics and "official" numbers. For my sake, I'm told I'm safe but to start Knowledge Basing i.e. data mining some of my peers who aren't safe.
Posted by SloaneRanger
Upper Hurstville
Member since Jan 2014
7858 posts
Posted on 3/8/24 at 6:48 pm to
quote:

I'm not a guru on this stuff but I work for a Fortune 10 and reorg/layoff announcements already coming out, including some of our peer companies.


Anyone paying attention understands that with respect to real jobs there has been weakening. Big time. But by all means, let’s celebrate a bunch of illegal aliens being hired to clean hotel rooms, work in home health care, etc.
Posted by TJack
BR
Member since Dec 2018
1410 posts
Posted on 3/8/24 at 8:36 pm to
quote:

I'm not a guru on this stuff but I work for a Fortune 10 and reorg/layoff announcements already coming out, including some of our peer companies. That stuff means more to me than the metrics and "official" numbers. For my sake, I'm told I'm safe but to start Knowledge Basing i.e. data mining some of my peers who aren't safe.

For the guys that are getting laid off, 275k jobs doesn’t mean Jack. And there are lots of guys. We are not comparing apples to apples in these numbers in these times.
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