6 ms·
Comparing to previous Januarys seems dishonest given the vast number of layoffs that have occurred over the past year. Doesn't appear as though they're controll
by shipscode 2y ago
Comparing to previous Januarys seems dishonest given the vast number of layoffs that have occurred over the past year. Doesn't appear as though they're controlling for this number at all..
- necubi 2y agoWhat vast number of layoffs? The national layoff rate is currently 1.1%, which is lower than the the pre-pandemic average [0]. The NYS layoff rate is 0.5% which is one of the lowest in the country. [0] https://fred.stlouisfed.org/series/JTSLDR https://fred.stlouisfed.org/series/JTSLDR [1] https://www.bls.gov/charts/state-job-openings-and-labor-turnover/state-layoffs-and-discharges-rates.htm https://www.bls.gov/charts/state-job-openings-and-labor-turn...
- jeffbee 2y ago"Private sector jobs in New York City rose by 79,800 over-the-year to 4,236,900 in November 2024." Amazing what people believe.
- bberenberg 2y agoNumber of employed people rose in NYC over the last year[0] if I’m reading the stats correctly. [0] - https://dol.ny.gov/system/files/documents/2024/12/nychist.xlsx https://dol.ny.gov/system/files/documents/2024/12/nychist.xl...
- jeffbee 2y agoYou are reading it correctly. There have never been more jobs in NY than there are right now. The unfortunately problem is that it appears all of the extra people are employed in making shit up and posting it on the Internet. "Vice President in Charge of Charlie Brown's Hoes" or similar roles.