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.

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/

The Ledger Nano X: My favorite Hardware Wallet for Cold Storage of Crypto Assets: https://shop.ledger.com/?r=23974ce6def9

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#Layoffs #Unemployment #jobs #MelonHead