Mike's Minute: Job numbers are the last economic domino to fall
The saving grace, they say, as we plummet towards who knows where economically, is that we all have jobs.
Growth might be slow or non-existent, the cost of living may well be going through the roof, the debt may be piling up, and the mood may be sour, but we all have jobs. It's a global phenomenon. As bad as it is, or might yet be, we are in work.
But you might have noticed Netflix laid some people off the other day. They got rid of 150 people. They have 11,000 workers, so not exactly a massive broom through the place, but nevertheless it is the start of something.
It is the night follows day…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.