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   Message 26,522 of 27,547   
   Leroy N. Soetoro to All   
   Unemployment Spikes to Highest Levels Si   
   26 Mar 23 17:55:42   
   
   XPost: talk.politics.guns, ba.politics, sac.politics   
   XPost: alt.politics.democrats   
   From: democrat-criminals@mail.house.gov   
      
      
      
   News of tech layoffs keeps rolling in, and it’s showing no sign of   
   stopping. On Monday morning, Amazon let go of another 9,000 employees,   
   after laying off 18,000 workers in January due to poor end-of-year   
   profits.   
      
   Though the majority of laid-off workers were not based in San Francisco,   
   experts say the ongoing tech bloodbath is starting to impact the local   
   economy.   
      
      
   San Francisco’s unemployment rate jumped from 2.0% to 2.8% in January,   
   according to the Bureau of Labor Statistics. Though some of that spike   
   might be due to expected seasonal turnover, city economist Ted Egan said   
   the spike could be a major cause for concern.   
      
   “The number of unemployed residents of San Francisco jumped by 4,500 in   
   January, according to the BLS,” Egan said. “This was the largest jump   
   since the start of the pandemic.”   
      
   Unemployment rates increased in both the San Francisco-Oakland-Hayward and   
   San Jose-Sunnyvale-Santa Clara metropolitan regions between December and   
   January: The SF metro region jumped from 2.6% unemployment to 3.3%, while   
   the San Jose metro area saw a similar uptick, rising from 2.4% to 3.1%   
   unemployment, according to the bureau's data.   
      
      
   Some of these preliminary unemployment numbers might change as the state's   
   Employment Development Department releases new data for February and   
   March, Egan says.   
      
   It’s not just tech workers getting laid off; Egan also added that the   
   number of job listings in San Francisco has declined precipitously since   
   the middle of 2022, indicating that new jobs may be harder and harder to   
   come by.   
      
   Still, the region’s unemployment rate is still well below the 13% high it   
   reached at the height of the pandemic in 2020.   
      
   The Standard has tracked more than 20,000 layoffs in the city or by SF   
   companies since the beginning of 2023.   
      
      
   Liz Lindqwister can be reached at elindqwister@sfstandard.com   
      
      
   --   
   "LOCKDOWN", left-wing COVID fearmongering.  95% of COVID infections   
   recover with no after effects.   
      
   No collusion - Special Counsel Robert Swan Mueller III, March 2019.   
   Officially made Nancy Pelosi a two-time impeachment loser.   
      
   Donald J. Trump, cheated out of a second term by fraudulent "mail-in"   
   ballots.  Report voter fraud: sf.nancy@mail.house.gov   
      
   Thank you for cleaning up the disaster of the 2008-2017 Obama / Biden   
   fiasco, President Trump.   
      
   Under Barack Obama's leadership, the United States of America became the   
   The World According To Garp.  Obama sold out heterosexuals for Hollywood   
   queer liberal democrat donors.   
      
   President Trump boosted the economy, reduced illegal invasions, appointed   
   dozens of judges and three SCOTUS justices.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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