Job Losses, April 1st Edition

Newest Job Losses:

We are that brown one, if you don’t see it right away. I have heard from several people that the normal layoffs and closing information that would go out on the first of the month went out on the second, Thursday, so they wouldn’t be confused with April Fool’s Day messages. If you didn’t make it through the past week, my heart goes out to you. From both the sharpness of the curve, and from the increase in duration of the curve from the past recessions, this looks like it is going to get a lot worse before it gets better.

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