Just How Cooked Is The Official Jobs Data: PwC Finds More Than Half Of US Companies Are Laying Off Workers

Nearly three months ago, when tabulating real-time mass layoffs data… … Piper Sandler chief economist Nancy Lazar concluded that “post-covid rightsizing means that lots more layoffs are coming” and added that “many companies overhired and overpaid during the Covid crisis.” Since then, it’s only gotten worse for those who track corporate layoff announcements, such as the following: #1 Ultratec Inc. […]

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