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108K Layoffs: What They're Not Telling You
The Federal Reserve says the labor market is “stable.”January’s layoff data tells a very different story.In this episode, we break down why the illusion of stability may be far more dangerous than outright weakness. While policymakers lean on backward-looking data from the Bureau of Labor Statistics, real-time indicators are flashing yellow—and in some cases, red.The Challenger, Gray & Christmas January report showed 108,435 announced job cuts, the highest January total since 2009 and up 118% year over year. Hiring intentions fell to the weakest January reading on record. Meanwhile…
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