Cut number in the Job Report 2020

Aug 6th, 2022
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How to cut number in the Job Report 2020

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joining us now is nbc news senior capitol hill correspondent garrett haig nbc news chief white house correspondent kristen welker and austin goolsbee former top economic advisor to president obama austin first to you what do you make of this number is this a number that seems like an outlier could it be revised upward as last months was the last two months actually or what do you think is going on here in the economy yeah it looks its kind of a tale of two numbers because theyre when the jobs numbers come out there is an unemployment number which comes from a survey of people and theres a jobs total which comes from a survey of businesses the unemployment survey showed a blockbuster month one of the best in a very long time and the establishment survey showed modest and a slowdown i think theres a decent chance that you get a revision to this number because were seeing a record amount of people starting new businesses and if you start a new business you dont show up in the in th

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Job Cuts From AI Are Just Beginning, the Latest Challenger Report Suggests. Nearly 4000 people lost their jobs in May due to AI, companies report. Overall, planned layoffs docHubed about 417,500 jobs in May, more than four times the job cuts during the same period last year.
US Challenger Job Cuts (I:USCJC) US Challenger Job Cuts is at a current level of 90309.00, up from 84638.00 last month and up from 89703.00 one year ago. This is a change of 6.70% from last month and 0.68% from one year ago. US Challenger Job Cuts Monthly Insights - YCharts ycharts.com indicators uschallengerjobcuts ycharts.com indicators uschallengerjobcuts
However, the story is more complex than individuals leaving their job. In fact, a more appropriate moniker for the high quit rates over the past few years is the Great Reshuffle. More than 34 million Americans quit their jobs in 2023 and 3.7 million quit in September 2023 alone. Understanding Americas Labor Shortage uschamber.com workforce understandin uschamber.com workforce understandin
In the United States, approximately 6.6 million people were unemployed and looking for work in March 2024. The data has not been seasonally adjusted. For comparison, a look at the unemployment rate in EU states shows that the EU average is higher than the U.S. average. Unemployment level U.S. 2024 - Statista statista.com statistics unadjusted-monthly statista.com statistics unadjusted-monthly
Published by the Bureau of Labor Statistics (BLS) at 8:30 am ET on the first Friday of each month, the jobs report, aka the Employment Situation Summary, is an estimate of: The total number of workers in the U.S. (minus farm jobs) Their average hourly earnings. The number of hours worked weekly. What Is the Monthly Jobs Report? | Britannica Money britannica.com money what-is-the-mont britannica.com money what-is-the-mont
Job Layoffs and Discharges in the United States averaged 1922.97 Thousand from 2000 until 2024, docHubing an all time high of 13036.00 Thousand in March of 2020 and a record low of 1329.00 Thousand in June of 2021. source: U.S. Bureau of Labor Statistics.
Last years job cuts werent the end of layoffs. Further reductions have begun in 2024. Companies like IBM, Google, Microsoft, Nike, and Amazon have announced plans for cuts this year. See the full list of corporations reducing their worker numbers in 2024.
Challenger Job Cuts measures the change in the number of job cuts announced by employers. A higher than expected reading should be taken as negative/bearish for the USD, while a lower than expected reading should be taken as positive/bullish for the USD.

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