Part 3/9:
Betsy Stephenson from the University of Michigan expands on this insight, emphasizing that the timing of these layoffs occurs strategically, avoiding reference weeks used for employment reports. This tactic may further obscure the immediate impact of layoffs in forthcoming employment statistics. While a few workers may be unemployed temporarily, many could potentially secure new positions before the data is compiled. This structure suggests that while job losses are significant, they may not reflect in the aggregate employment numbers used for broad economic assessments.