- cross-posted to:
- usa@lemmy.ml
Private sector jobs surged by 497,000 for the month, well ahead of the downwardly revised 267,000 gain in May and much better than the 220,000 Dow Jones consensus estimate. The increase resulted in the biggest monthly rise since July 2022.
Lost_Wanderer ( @Lost_Wanderer@beehaw.org ) English5•1 year agoThis is a big damn deal yet the media is of course being it’s corporate self. CNN’s headline is “US job openings dropped below 10 million in May”
rambaroo ( @rambaroo@beehaw.org ) English3•1 year agoThe fake recession strikes again.
Pete Hahnloser ( @Powderhorn@beehaw.org ) English3•1 year agoOh, no! People are still managing to afford housing! This cannot be allowed to stand.
TheTrueLinuxDev ( @TheTrueLinuxDev@beehaw.org ) English3•1 year agoWhat I want to know is how much of those are fake jobs that were posted online? And how much on average are those jobs paying? Number of jobs are pointless without other facts to accompany it… :/
Lost_Wanderer ( @Lost_Wanderer@beehaw.org ) English7•1 year agoThe 400k number isnt new vacant jobs. It’s filled jobs.
TheTrueLinuxDev ( @TheTrueLinuxDev@beehaw.org ) English2•1 year agoAh ok, got it.
coldredlight ( @coldredlight@beehaw.org ) English2•1 year agoIf anyone is wondering why stocks are tanking so hard today, this is a major factor.
BlueNine ( @BlueNine@beehaw.org ) English3•1 year agoCapital thinks it loses when labor wins. It’s not completely zero sum but they are too dumb to see that. Labor is winning right now.
Many of the companies that have done layoffs in the last year are desperately hiring to fill the gaps they made for no reason. They (corporate leaders) want recession and high unemployment so bad they are flailing.