Mike: Best of Friday to you all and thanks for visiting The Layoff List. Today’s monthly jobs report came in better than expected at 539,000 for job losses, but the unemployment rate still increased to 8.9%, which is the highest recorded since September 1983. The article below has a number of points that factored […]
Mike: Thursday’s much anticipated Jobless Claims report shows that fewer layoffs occurred last week. My 602,000 jobless claims estimate from yesterday’s post was fairly close to the reported number. Since I work on this quite a bit each day, I start to see some trends on occasion. As a cautionary note to this week’s improved number is […]
Mike: A relatively busy day for layoffs and economic reports that seemed to be taken as a positive for the day. What was bad news last monthis taken as good news this onth, as far as the market is concerned. I hope you are all making money during this time of positive news, but don’t get complacent. Till tomorrow and […]