Thursday Humor: Jobless Claims

Thursday Humor: Jobless Claims With WARNs high, JOLTS data tumbling - led construction jobs collapsing, and Challenger-Grey layoffs remarkably elevated, why would anyone question the government's official data on jobless claims - that continues to languish (in a good way) near record lows. Last week saw 208,000 Americans file for jobless benefits for the first time (the same as the prior week), basically flat for the last three years… Source: Bloomberg In the real world labor market, 2024 has been a shitshow of layoffs... 1. Everybuddy: 100% of workforce 2. Wisense: 100% of workforce 3. CodeSee: 100% of workforce 4. Twig: 100% of workforce 5. Twitch: 35% of workforce 6. Roomba: 31% of workforce 7. Bumble: 30% of workforce 8. Farfetch: 25% of workforce 9. Away: 25% of workforce 10. Hasbro: 20% of workforce 11. LA Times: 20% of workforce 12. Wint Wealth: 20% of workforce 13. Finder: 17% of workforce 14. Spotify: 17% of workforce 15. Buzzfeed: 16% of workforce 16. Levi's: 15% of workforce 17....

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