US companies unexpectedly slash jobs in January as omicron surge batters economy

Fox Business ^ | Feb. 2, 2022 | Megan Henney

[ConservativeInPA]

Companies shed 301,000 jobs last month, sharply missing the 207,000-job gain that economists surveyed by Refinitiv had predicted and a major drop from the downwardly revised gain of 776,000 in December. It marked the first time that ADP reported negative growth since December 2020, when companies shed 123,000 jobs before the vaccines were available.

[ConservativeInPA]

Welcome to stagflation. A delta of 1/2 million jobs. Biden and every Democrat needs to go. They are incompetent. Ship every single last one of them to China. There is zero room in this country for these leftists.

[PGR88]

Companies are cutting workers, because of Omicrom. Does that headline make sense at all?

[TexasFreeper2009]

way to go brandon!

[Fai Mao]

China works. The democrats wouldn’t like it there.

[TexasFreeper2009]

many companies followed Biden unconstitutional order to fire those who refused to be vaccinated.

100% Brandons fault, like everything else that has gone wrong recently.

[PeterPrinciple]

The job losses were concentrated heavily in the leisure and hospitality industry, one of the sectors hit hardest by the pandemic.

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A lot of museums and related industries will close too.

[nascarnation]

unexpectedly was a common financial headline term during the reign of Caliph Baraq. I see it's back again....

[max americana]

BS. Smart companies adapt to china virus and life goes on. Putting blame and making excuses about a made-up “variant” is nonsense.

[PeterPrinciple]

How many govt jobs lost?

[skeeter]

Omnicron has nothing to do with companies cutting workers. Government pandemic policy does.

[Raycpa]

Out of my full time staff of 6 , 3 of us are currently home recovering from covid. Although initial symptoms like flu, fatigue and brain fog persists and our work is mostly mental not physical.

[LesbianThespianGymnasticMidget]

pssst... It isn’t Omicron.

[AU72]

You don’t lose a quarter of a million jobs because of a bad cold.

[Cboldt]

According to the Biden administration, we are in the strongest economy ever.

If you disagree, you will charged with insurrection.

[Jim Robinson]

Let’s go, Brandon!

[silent majority rising]

I have had brain “fog” since I turned 60. It might be “brain cloud”, as described in the movie “Joe vs. the Volcano”.

[EBH]

Companies are cutting jobs due to innovation.

[fireman15]

The fire department that I retired from has had twice the number of people out “sick” for a record amount of time. Many of the people who are being forced to work mandatory overtime are the unvaccinated who our genius Governor ordered to be fired... almost none of them tested positive probably because their natural immunity protected them better than the jabs. Their jobs were saved temporarily by Omicron.

None of the people off sick that I know of have had symptoms that were serious enough to put them in the hospital. Most have nothing more serious than a runny nose if anything at all.

[Texas Fossil]

BS.

The Xi-O’Biden unconstitutional experimental Covid (so called) vaccine mandate did this. Fired good employees in a number of industries. All done for a political agenda. Makes Zero sense.

Fascism at it’s worst.

[Myrddin]

2 weeks ago, my wife was trading 12 hours on/12 hours off with another dispatcher to keep the police/fire/EMS dispatch covered. There are 6 dispatchers. One of them (vaxxed) came to work sick because she didn't want to use PTO. She infected my wife, then she was sent home because her son tested positive. My wife shared it with me. Dispatch has 2 people not sick and 4 at home with COVID. I work from home. Software engineering. A 1 Gbps fiber and a healthy Windows laptop. The sore throat, malaise, fatigue, sniffles and slight 99.2 fever were an annoyance. My senior poodle caught it and died late Saturday night.

Amazon home COVID tests will arrive in the mail today. I'll see if I'm clear. Ditto for my wife.