Boeing cutting more than 12,000 U.S. jobs with thousands more planned

Re:Boeing cutting more than 12,000 U.S. jobs with thousands ... by lfrmgnd on Wednesday May 27, 2020 @12:24PM (#23325640)

If markets continue to behave as they have, this job cut is a signal that BA is going to soar in the next few days.

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Re:Boeing cutting more than 12,000 U.S. jobs with thousands ... by Frost1x on Wednesday May 27, 2020 @02:23PM (#23327598)

I suspect you're, unfortunately, going to be correct.

https://www.nasdaq.com/market-activity/stocks/ba

It's interesting how the common narrative uses metrics like low unemployment rates during certain touted "economic highs" and claim correlates, yet the popular narrative casts aside the correlation during times like this and jump into ambiguities and positive outlook for justification during certain "economic downturns."

It really, IMHO, helps illustrate just how disconnected many of these metrics are from economic prosperity for the vast majority of Americans.

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