NYT says "Economy Lost 63,000 Jobs in February"
Economy has been treated as a naughty creature that acts on its own. It gains, it loses. The reality is, there is no such thing as THE economy. It is all human running around making bets on the next profit growth point. They are driven by greediness and couldn't care less about "THE economy".
Those "lost" jobs, translate to saving on payroll cost on their cash flow statement. They were never on the asset column of their balance sheet, so it's not a loss at all. They will stay happy and even more profitable, as long as the White house keeps denying that we are in a recession and Fed keep pumping cash into the income statement of those large corporations (Fannie Mae, Freddie Mac, etc) by borrowing from future generations and/or printing more notes to drive inflation higher.
Let's see what all this craziness will drive the earth and human kind into. A sustainable future? I don't think so.
"lost" jobs= saving on payroll cost on their cashflow statement=improved employee efficiency
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