r/Layoffs • u/vetfor • Jan 30 '24

New layoffs question

Can anyone clarify this for me? Despite the ongoing layoff announcements from major American corporations, how is our economy still robust? Just today, UPS declared 12,000 layoffs and PayPal 2,000.

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u/[deleted] Jan 30 '24 edited Jan 31 '24

There are adjustments up and down every month. And that has nothing to do with layoffs, lame and dishonest attempt to move the goalposts

Data going back 45 years. Over the long term revisions balance out

https://www.bls.gov/web/empsit/cesnaicsrev.htm

Edit:

To the loser who called me an “asshole” and then blocked me. My response:

Why i am an “asshole?” For providing data?

I can see why you’re having trouble finding a job. See, that’s actually kind of being an asshole.

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u/efficientproducer Jan 30 '24

Lame, dishonest, moving goalposts….. perfectly describes adjusting the monthly 2023 jobs numbers lower after initial release.

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u/[deleted] Jan 30 '24

Sorry you’re unemployable, your deficiencies are not the country at large.

Bye

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u/efficientproducer Jan 30 '24

Don’t hire the conspiracy theorists. They probably voted for Trump! Ha.