Transform your daily workflows and Combine Job Report 2020

Aug 6th, 2022
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How to Combine Job Report 2020

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so its hard to get your hands around this we had claims earlier this morning at 200 000 sub 200k but just in a couple of Industries finance and Tech the layoffs keep panning up Wells Fargo cutting more than 500 jobs in its mortgage unit adding to the thousands of cuts from last year in big Tech The Washington Post reporting in the last 24 hours The Meta plans to reduce and reorganize thousands of workers Shani basso joined us now here in New York alongside Mandeep Singh Mandy first to you the story were familiar with now in Tech more cuts I mean if you keep aside the over lift and the ride sharing companies most of the times they have a very high operating leverage because you know in times when Revenue growth is strong the the fixed cost model Works quite well the problem is when the revenue growth starts to taper down which is the case you know with all the consumer tech companies the fixed costs become a problem because it shows up in the market margin degradation and thats why

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During the 20122022 period, the growth of the labor force is anticipated to be due entirely to population growth, as the overall labor force participation rate is expected to decrease from 63.7 percent in 2012 to 61.6 percent in 2022.
Nonfarm payrolls surged by 467,000 for the month, while the unemployment rate edged higher to 4%, ing to the Bureau of Labor Statistics. The Dow Jones estimate was for payroll growth of 150,000 and a 3.9% unemployment rate.
US Labor Force Participation Rate is at 62.40%, compared to 62.30% last month and 62.20% last year. This is lower than the long term average of 62.84%.
Labor Force Participation Rate in the United States averaged 62.84 percent from 1948 until 2023, docHubing an all time high of 67.30 percent in January of 2000 and a record low of 58.10 percent in December of 1954.
U.S. employment rate 1990-2022 In 2022, the U.S. employment rate stood at 60 percent.
Federal unemployment benefit programs under the CARES Act ended on September 4, 2021.
Employment up by 467,000 in January 2022, down by 2.9 million since February 2020. Total nonfarm payroll employment increased by 467,000 in January 2022. Employment growth continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing.

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