Great Trump Recession nears: Job layoffs surge 35% to highest level to start a year

Layoffs hit their highest level for a first quarter in 10 years as 2019's job market got off to a shaky start, according to a report Thursday from outplacement firm Challenger, Gary & Christmas.

Total announced cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a year ago. The level was worst period overall since the third quarter of 2015 and the highest level for a first-quarter since 2009 as the economy was still mired in the financial crisis.

"Companies appear to be streamlining and updating their processes, and workforce reductions are increasingly becoming a part of these decisions," Andrew Challenger, vice president at Challenger, Gray & Christmas, said in a statement. "Consumer behavior and advances in technology are driving many of these cuts."

Read more: https://www.cnbc.com/2019/04/04/job...ighest-level-to-start-a-year-in-a-decade.html


hope this helps your 2020 reelection plans Donnie, though campaigning from Cell Block D was always going to be challenging lol
 
Layoffs hit their highest level for a first quarter in 10 years as 2019's job market got off to a shaky start, according to a report Thursday from outplacement firm Challenger, Gary & Christmas.

Total announced cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a year ago. The level was worst period overall since the third quarter of 2015 and the highest level for a first-quarter since 2009 as the economy was still mired in the financial crisis.

"Companies appear to be streamlining and updating their processes, and workforce reductions are increasingly becoming a part of these decisions," Andrew Challenger, vice president at Challenger, Gray & Christmas, said in a statement. "Consumer behavior and advances in technology are driving many of these cuts."

Read more: https://www.cnbc.com/2019/04/04/job...ighest-level-to-start-a-year-in-a-decade.html


hope this helps your 2020 reelection plans Donnie, though campaigning from Cell Block D was always going to be challenging lol

I bet you're wetting yourself with glee, obnoxious twat!!
 
Layoffs hit their highest level for a first quarter in 10 years as 2019's job market got off to a shaky start, according to a report Thursday from outplacement firm Challenger, Gary & Christmas.

Total announced cuts hit 190,410, a 10.3 percent increase from the fourth quarter and 35.6 percent jump from the same period a year ago. The level was worst period overall since the third quarter of 2015 and the highest level for a first-quarter since 2009 as the economy was still mired in the financial crisis.

"Companies appear to be streamlining and updating their processes, and workforce reductions are increasingly becoming a part of these decisions," Andrew Challenger, vice president at Challenger, Gray & Christmas, said in a statement. "Consumer behavior and advances in technology are driving many of these cuts."

Read more: https://www.cnbc.com/2019/04/04/job...ighest-level-to-start-a-year-in-a-decade.html
hope this helps your 2020 reelection plans Donnie, though campaigning from Cell Block D was always going to be challenging lol

Silly moron:

Still, the unemployment rate is just 3.8 percent, near the lowest level in 50 years.

Economists expect Friday’s Labor Department report on payrolls to show growth of 175,000 and the unemployment rate to stay unchanged.
 
Great Trump Recession nears: Job layoffs surge 35% to highest level to start a year

Layoffs hit their highest level for a first quarter in 10 years
as 2019's job market got off to a shaky start, according to a report Thursday from outplacement firm Challenger, Gary & Christmas.

Read more: https://www.cnbc.com/2019/04/04/job...ighest-level-to-start-a-year-in-a-decade.html
Maybe we just need to stop electing Republicans.
“I’ve been around for a long time and it just seems that the economy does better under the Democrats than the Republicans.”

- Donald Trump, 2005
 
Silly moron:

Still, the unemployment rate is just 3.8 percent, near the lowest level in 50 years.

Economists expect Friday’s Labor Department report on payrolls to show growth of 175,000 and the unemployment rate to stay unchanged.

Trump's numbers are horrible, thank Obama for the economy, so far

you think layoffs spiking 35% is meaningless?

got GED?
 
yep, recession is a far better option than more Trump treason in office

did you know auto sales are plummeting by the way?

great timing for the Dems, so sad!

I'm not surprised people's suffering makes you happy just so you can score political points.

You're a sick individual. I hope other democrats condemn you, but I don't expect they will.
 
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