Thread regarding AT&T layoffs

Private sector companies added 497,000 jobs in June, more than double expectations, ADP says

Twice as many jobs added than projected.

You’re going to be fine.

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Post ID: @OP+1ntiMUeR

13 replies (most recent on top)

A lot of those jobs are return to work after COVID lockdowns. And they even call them NEW jobs. Compare stuff to get a real picture. And also consider employment vs underemployment. People are getting jobs because they MUST but they are not making any real money.

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Post ID: @1ndz+1ntiMUeR

There are a lot of entry level jobs. I’ve been searching since Stanley’s email came out and very few pay a living wage. Minimum wage is $31,200/year. AT&T customer care WFM in the NE is paying $40,000. Horrible.

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Post ID: @1zvm+1ntiMUeR

The numbers "appear positive" , but look a little.deeper and you'll realize the vast majority are sh---y retail and hospitality jobs... corporate isn't hiring..

This is actually seen this as a bad omen. In my opinion, this means folks on the sidelines are now forced to work at low paying wage slave jobs due to inflationary pressures...

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Post ID: @uzc+1ntiMUeR

These numbers are suspect, ever since they changed what 'unemployed' means.

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Post ID: @bxb+1ntiMUeR

do you want fries with that?

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Post ID: @twu+1ntiMUeR

“ leisure and hospitality led with 232,000 new hires”

So yes there are plenty of jobs that pay way less than what you currently make and it will be (5 days a week) maybe a rotating shift with forced OT and in person at your work location.

See it could be worse!

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Post ID: @kwz+1ntiMUeR

STINKI is optimistic about your future! Priceless

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Post ID: @rao+1ntiMUeR

Yep.. Lots of dashdoor jobs type out there..

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Post ID: @zou+1ntiMUeR

tons of "Remote" jobs for tech on Kimble.com, set your profile to receive notifications of remote work job offers.

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Post ID: @qxt+1ntiMUeR

Lots of jobs being added, not so many well paying ones. Summer jobs mainly. Dig into the numbers and skip the headlines. The headlines are there to push a narrative, do your own research.

Same story with inflation subsiding, well, anyone that’s bought anything knows that’s not true. Prices are way up and even higher than 6 months ago, but headline said decline. Reality was it was a decline in the delta YoY as you rolled back to the previous huge spike. This is what you call a statistical lie.

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Post ID: @cqp+1ntiMUeR

If you are Employed here..you should be worried, Unfortunately, you can't pretend that you not, as for AT&T ... They bought assets they couldn't afford, and that will be their downfall, a M&A graveyard

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Post ID: @ejq+1ntiMUeR

Some people always see the glass half empty.

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Post ID: @lzh+1ntiMUeR

Does time on the job and my pension bridge over? Didn't think so.

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Post ID: @ydj+1ntiMUeR

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