Quote:
Originally Posted by Chico23231
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Chico your bias is showing ..................
STILL!
https://www.cnbc.com/2019/04/04/job-...-a-decade.html
Layoffs hit their highest level for a first quarter in 10 years as 2019′s job market got off to a shaky start, according to a report Thursday from outplacement firm Challenger, Gary & Christmas.
Total announced cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a year ago. The level was worst period overall since the third quarter of 2015 and the highest level for a first quarter since 2009 as the economy was still mired in the financial crisis.
“Companies appear to be streamlining and updating their processes, and workforce reductions
are increasingly becoming a part of these decisions, ” Andrew Challenger, vice president of Challenger, Gray & Christmas, said in a statement. “Consumer behavior and advances in technology are driving many of these cuts.”
https://www.axios.com/us-q1-layoffs-...de6f4ad41.html
and...........
https://www.businessinsider.com/trum...-losses-2018-8
President Donald Trump is waging a trade war on many fronts, with tariffs on steel, aluminum, Chinese goods, and more.
While Trump argues that the tariffs will make the US economy stronger, so far the duties are leading to layoffs.
Small businesses across the US are grappling with the increased cost of goods, and some of them are resorting to layoffs to save money.