Shock: Philly Fed finds US state employment in Q2 was "significantly" lower than official figures published by Biden's Bureau of Labor Statistics. The lie is staggering: in Q2 jobs declined by 0.1%, while Biden's dept of economic propaganda reported a 1.1% increase
— zerohedge (@zerohedge) December 14, 2024
Market, show me you care.
A 7-sigma “discrepancy” in the NFP and QCEW spread as highlighted by @DowdEdward https://t.co/6RdQ3V9thp pic.twitter.com/3tb6IDb5ic
— Samantha LaDuc (@SamanthaLaDuc) December 14, 2024
“It’s different this time”
“Permanently high plateau”
“New employment paradigm” pic.twitter.com/PYeZTvuGdE— Don Johnson (@DonMiami3) December 13, 2024
Peak season layoffs hit UPS, Amazon, and FedEx.
My friend makes a good point. Continuing claims are also higher and so are layoffs, while job postings keep falling. UPS, Amazon, and FedEx are laying off during PEAK season when they weren’t laying off last year at this time. Things have gotten worse whether the Bulls want to… https://t.co/GL9RMDldeW
— WarnTracker 2.0 (@j77324) December 14, 2024
One billion-dollar company bankruptcy I have been expecting for a while is Exela. They got delisted and things don’t seem to be improving. They did some mass layoffs last year at this time, but I haven’t seen any from them this year. pic.twitter.com/RnYYu3On5k
— WarnTracker 2.0 (@j77324) December 14, 2024
Sources:
https://www.philadelphiafed.org/surveys-and-data/regional-economic-analysis/state-employment