{"id":3926,"date":"2011-03-30T06:36:46","date_gmt":"2011-03-30T12:36:46","guid":{"rendered":"http:\/\/www.jasonapollovoss.local\/?p=3926"},"modified":"2018-09-21T02:07:46","modified_gmt":"2018-09-21T06:07:46","slug":"job-losses-down-tremendously","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2011\/03\/30\/job-losses-down-tremendously\/","title":{"rendered":"Job Losses Down Tremendously"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Independent survey firm, Challenger, Gray &amp; Christmas (CGC) of Chicago, announced that planned firings are down 39% from March of last year.\u00a0 This percentage figure represents translates into planned job losses of 41,528.\u00a0 Additionally, compared to just last month, planned firings are down 18%.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> Data from many sources are now demonstrating that job losses are down tremendously.\u00a0 The figure from CGC does not include jobs created, just job losses that are planned.\u00a0 Government workers around the country are losing their jobs in high numbers.\u00a0 In fact, in the data from above government accounted for almost all of the planned job losses.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Encouragingly, this means that the private sector of the U.S. economy is adding a net positive number of jobs.\u00a0 For me, despite the fact that gross domestic product GDP) has been growing for almost a year and a half, the recession cannot be considered fully over until the unemployment rate starts to decline more rapidly.\u00a0 Thankfully evidence of that decline is beginning to appear.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Lastly, the data from CGC represents &#8220;planned&#8221; firings.\u00a0 For a business to have firing plans in place (i.e. layoffs) it means that they are doing badly.\u00a0 That the numbers are declining means that businesses across the board are doing better; such that, they have no planned layoffs.\u00a0 Yea!<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 7; primarily I like that these data represent a stabilization of profit outlook for businesses as represented by low levels of planned layoffs.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Independent survey firm, Challenger, Gray &amp; Christmas (CGC) of Chicago, announced that planned firings are down 39% from March of last year.\u00a0 This percentage figure represents translates into planned job losses of 41,528.\u00a0 Additionally, compared to just last month, planned firings are down 18%. &nbsp; Analysis: Data from many sources are now demonstrating that job [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-3926","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=3926"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/3926\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=3926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=3926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=3926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}