Layoffs in August were up 39% from July. US companies also announced plans to add only 1,500 new jobs in August — fewest since 2009.

6 comments

1. Stagflation is on the way.  

2. The warning signs are on the dashboard. But it’s all covered up by WoNdErFuL rate cuts so everyone’s partying like crazy but when those same people who were partying get laid off, well; what were they doing the whole time? Writing is on the wall. 

3. 1500 net jobs or 1500 jobs total. That’s potentially a huge difference.

4. Trump, begins to measure the results of his policies; He has above all created a climate of mistrust. In economics, there are many numerical elements but one that isn’t but fondamental/ confidence..lost, it’s forever

5. Someone is getting fired over this report.

6. Well, they need field workers… Where else to get them?

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