by TonyLiberty

The variety of S&P 500 corporations discussing layoffs has increased in April, reaching the very best level in two years:

It shows that the variety of corporations mentioning layoffs of their earnings reports has increased dramatically since 2006. In 2009, the yr of the financial crisis, there was an enormous spike within the variety of corporations mentioning layoffs, with nearly 1,000% growth in comparison with the previous yr. The trend has continued upwards in recent times, although at a slower pace. This may very well be resulting from many aspects corresponding to automation and globalization resulting in fewer jobs overall, or it could simply be that more corporations are being honest about their layoff plans to be able to avoid negative publicity. Either way, it is evident that layoffs have gotten increasingly common across all industries