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Daily RedAlert - 1/6/23

Relevant Press

Labor Market Defies Fed as Unemployment Falls to 3.5% and Economy Adds 223,000 Jobs - Breitbart

“Economists had expected the economy to add 200,000 jobs and the unemployment rate to remain unchanged at 3.7 percent. The range of forecasts by economists surveyed by Econoday was between a gain on payrolls of 150,000 to 230,000. On unemployment, the range of forecasts was 3.7 percent to 3.8 percent.”

What the job market could look like in 2023, based on a surprisingly strong end to 2022 - CNBC

“2022 may have ended in a sea of overwhelmingly negative layoff news, but new data shows promise that the damage was minimal. It could be a sign the 2023 job market will launch on strong footing, economists say, even with fresh staffing cuts announced this week.”

Stitch Fix plans 20% job cuts as CEO steps down, founder Katrina Lake to reassume post - CNBC

Stitch Fix founder Katrina Lake on Thursday told employees the company will be cutting 20% of its salaried workforce and she will reassume her post as CEO as the fledgling apparel company continues to grapple with low sales, a dwindling customer base and a reduced market cap.”

California forces companies to show pay on job listings, revealing big tech salaries - CNBC

“However, the new law doesn’t require employers to post total compensation, or a measure of pay that includes equity, stock options, benefits and bonuses in addition to salary.”

RedBalloon in the News

Conservatives, Stop Giving Money to People Who Hate You | Opinion - NewsWeek

“A surprising number of people across the professional spectrum are fed up with the woke rat race; indeed, people have been signing up in droves since day one. We represent the cutting edge of a trend: Red Balloon is another such service, serving an even broader range of employment.”

Andrew Crapuchettes on The Bryan McClain Show - 6 January 2023 - The Bryan McClain Show

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