• w3dd1e@lemmy.zipOP
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      1 month ago

      You might need to explain it to me because I don’t understand how can layoffs be low, but also be at the highest point since the pandemic.

      • Numuruzero@lemmy.dbzer0.com
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        1 month ago

        Numbers-wise, one says we have more layoffs this year total than we did five years ago, and the other says that we are at the lowest rate in 7 months.

        It’s kind of two different measurements, like measuring speed vs acceleration.

        • w3dd1e@lemmy.zipOP
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          1 month ago

          Oh yes, I thought that might be what u/LibertyLizard meant. To be honest, I got kinda of defensive bc of how that comment was written.

          Anyway, I was trying to point out how this stuff is framed. One person says we’re doing great and another says everything is on fire.

          That’s what I meant by the title.

        • BremboTheFourth@piefed.ca
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          1 month ago

          Uh, also, they’re not “kind of” two different measurements, they are entirely different stats, far more distinct than speed and acceleration. The top one is people filing for unemployment benefits, and the bottom is the number of layoffs some company measured. People can file for unemployment months after losing a job, or not file at all, and there are all kinds of ways to lose a job that don’t involve getting laid off.

          There’s probably a correlation between the two, but having the two show vastly different stories isn’t surprising either.