A wave of layoffs is sweeping the US.

ExpressLane said:
So since the Dems think COVID is Trump's fault the people cooking for themselves is Trump's fault!:thinking:
Click to expand...

Doesn't make any sense, dude. I like cooking. I eat out about twice a week now, I used to go out to lunch every day. It's cheaper and better to do your own lunches, plus I like having total control over what goes in me.
 
Hawkeye10 said:
The days of pushing gobs of money at start-ups is over, it is not the real economy that is getting clobbered, not yet.

Buckle Up.
Click to expand...

Your predictions really suck. I cant count the number of times, you told us how the Obama economy was going to come crashing down, how the bond market would be trashed. In reality my dear, you know nothing, possibly even less.
 
zymurgy said:
His war on bots is gonna be hard to win - he needs smart tech workers - which rules out pretty much all of the woke bleeding heart types.

View attachment 22448
Click to expand...

No, there are no Republican smart tech workers. There are no good Republican comedians. Republicans cant lead, can't govern. You need to start facing facts, my friend.
 
Well, the DOW was just barely able to close above a 52 week low. My brother is running scared now, he is so exposed to the markets, he has lost over $180k so far this year.
 
LurchAddams said:
No, there are no Republican smart tech workers. There are no good Republican comedians. Republicans cant lead, can't govern. You need to start facing facts, my friend.
Click to expand...
But you are hysterical!


Larry the Cable Guy, Bill Engvall , Tim Allen and Ron White.
 
Last edited:
Hawkeye10 said:
They dont exist, you are lying.
Click to expand...

Say what you want my dear, but you know I am right. The only problem is that a person like you, who lies for a living, may have some issues dealing with the truth. Possibly you have lied so much that you cant differentiate fact from fiction.
 
floridafan said:
Say what you want my dear, but you know I am right. The only problem is that a person like you, who lies for a living, may have some issues dealing with the truth. Possibly you have lied so much that you cant differentiate fact from fiction.
Click to expand...

I say that I understood years ago that you routinely flat out lie.
 
LurchAddams said:
Doesn't make any sense, dude. I like cooking. I eat out about twice a week now, I used to go out to lunch every day. It's cheaper and better to do your own lunches, plus I like having total control over what goes in me.
Click to expand...
;) I have gotten out of the going out to eat habit now that I have retired.
 
volsrock said:
Layoffs are sweeping across American businesses in the first few months of 2022.

Recent startups like Peloton have already laid off thousands of employees this year. Even traditionally layoff-resistant companies like Netflix are making cuts. Now, online car dealer Carvana plans to slash 12% of its workforce.

The reason, broadly, is twofold: Business growth is slowing, while labor costs are increasing. The combination is causing American companies across a variety of industries to slash headcount.

https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5



View attachment 22447
Click to expand...

The interesting thing is that, notwithstanding layoffs in a handful of overextended businesses, the trend in 2022 has been falling unemployment rates and higher employment-population ratios, even relative to the extreme levels we'd reached by the end of 2021. Unemployment rates were already under 4% at the end of 2021, which is extremely rare historically, yet have fallen another three-tenths of a point from there. Meanwhile, the employment-population ratio, which ended last year at 59.5%, is now at 60.0%. That's still short of the all-time highs we were setting back in the Clinton years, but is above anything we had in this country before the late Carter era.
 
volsrock said:
Layoffs are sweeping across American businesses in the first few months of 2022.

Recent startups like Peloton have already laid off thousands of employees this year. Even traditionally layoff-resistant companies like Netflix are making cuts. Now, online car dealer Carvana plans to slash 12% of its workforce.

The reason, broadly, is twofold: Business growth is slowing, while labor costs are increasing. The combination is causing American companies across a variety of industries to slash headcount.

https://www.businessinsider.com/layoffs-sweeping-the-us-these-are-the-companies-making-cuts-2022-5



View attachment 22447
Click to expand...
Because our corporations put profits over stability, we don't manufacture the necessary components that go into every new car's computers. There are no new cars for sale, which is why current inventory is going for MSRP + $2000 instead of about $1000 below MSRP.

How can Carvana stay in business when it has nothing to sell?

I guess you don't follow the Market. Netflix is shedding subscribers.
 
Mina said:
The interesting thing is that, notwithstanding layoffs in a handful of overextended businesses, the trend in 2022 has been falling unemployment rates and higher employment-population ratios, even relative to the extreme levels we'd reached by the end of 2021. Unemployment rates were already under 4% at the end of 2021, which is extremely rare historically, yet have fallen another three-tenths of a point from there. Meanwhile, the employment-population ratio, which ended last year at 59.5%, is now at 60.0%. That's still short of the all-time highs we were setting back in the Clinton years, but is above anything we had in this country before the late Carter era.
Click to expand...
He had to dig rather deeply to find two sectors that have less need for labor. These employees, none of which do in person labor, will easily find employment elsewhere in this market.
 
Althea said:
He had to dig rather deeply to find two sectors that have less need for labor. These employees, none of which do in person labor, will easily find employment elsewhere in this market.
Click to expand...

I'm sure it sucks for those who happen to be among those laid off... but it sucks a whole lot less than it would if we had high unemployment rates (like the 6.7% we had at the end of 2020). Most will be able to line up good work pretty quickly. Many could come out ahead, if they get any kind of severance and then line something up immediately.
 
ExpressLane said:
But you are hysterical!


Larry the Cable Guy, Bill Engvall , Tim Allen and Ron White.
Click to expand...

Yeah. Where have all those guys been lately? Hmmmmm.... which one of them have a nightly talk show? None of them? Hmmm... again.



You left out Gutfeld! Have you seen that supercilious douche? He tried to be a comedian but he's a failure every night. I give him another month.
 
Althea said:
We go out to eat on rare occassions, typically to get my elderly inlaws out of the house.

My cooking is far superior to many restaurants.
Click to expand...
Probably healthier too. My wife is a vegetarian and likes her vegies. Its hard to get good fresh veggies without large amount of fat or salt in them.
 
You must log in or register to reply here.
Back
Top