Thread regarding Bank of New York Mellon Corp. layoffs

Job market stats and inconsistency….

The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week amid low layoffs, ‘suggesting’ a modest pickup in job growth in October after September's underwhelming performance. However, the reality is, it is very difficult for many to switch jobs. Especially those of us looking to escape BNY. These labor department stats suggest that everyone is working. Thing is, what kind of ‘jobs’ are these? Govt jobs, part time jobs shouldn’t count. There is a huge difference between a professional career job versus working delivery at Amazon or Dominoes pizza. I’ve been actively looking to get a new position for 2 years now and have had 4 interviews.


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I call bullsh-t

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