As Layoffs & Job Cuts Pile Up, Unemployment Data Lags
Recently there has been a myriad of headlines about job losses at JP Morgan, Coinbase, Netflix, Wells Fargo, and most recently Century Aluminum. But it may take time for these stories to show up in the unemployment numbers. We dive into how these figures are calculted to estimate when we could actually start to see a spike in the unemployment rate.
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#Layoffs #Unemployment #jobs #MelonHead
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