- Thread starter
- #81
Business cycles. You get that the number of people working is at a historical high and that any layoffs are included in that? Right? Some hire, some layoff, but the net is up.How do you explain massive layoffs in the last month?
Lower wage earners being laid off leaves the average wage being a result of much higher wage workers.
That is like looking at a stock market at its high and yelling that bed bath and beyond stock sucks. Well no shit. There are winners and losers in every up cycle.