| ▲ | mapontosevenths 14 hours ago | |||||||||||||||||||||||||||||||||||||
I wonder if this is the evidence of the labor market decoupling from "the economy" in terms of economic productivity? Folks keep predicting it. Maybe it's starting? | ||||||||||||||||||||||||||||||||||||||
| ▲ | dehrmann 12 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||||||||
It's not. 23,000 jobs is 0.01% of the workforce, so it's negligible in terms of lost sales (probably hurts consumer confidence more). But it is a signal that the economy isn't running too hot, so the company's much larger borrowing costs aren't going up. | ||||||||||||||||||||||||||||||||||||||
| ▲ | MSFT_Edging 14 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||||||||
Maybe we can finally reach communism by first getting together and all agreeing "the economy" isn't a science and if we all just believe really hard, numbers can go up forever, then we won't even need money! | ||||||||||||||||||||||||||||||||||||||
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