Job Cuts SOAR 396% As Biden’s Economy Spirals Out Of Control
ByAdminPublished on April 6, 2023
In March, companies declared a significant rise in layoffs, with almost 90,000 job cuts reported. This represents a notable increase from the previous month and a substantial acceleration compared to a year ago. The news highlights the continuing economic challenges faced by companies under President Biden’s administration.
The total number of planned layoffs for the month reached 89,703, which is 15% higher than the figures for February. So far this year, job cuts have surged to 270,416, indicating a whopping 396% increase from the corresponding period in the previous year.
The tech industry has been particularly hard hit, with 102,391 job cuts announced so far in 2023. This figure represents a staggering increase of 38,487% compared to the same period in the previous year.
https://patriotalerts.com/2023/04/job-cuts-soar-396-as-bidens-economy-spirals-out-of-control/
