4Q22 Growth 2.9% annualized, economists say possibly no recession in 2023

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On the noon news today:

https://www.bloomberg.com/news/articles/2023-01-26/dow-plans-2-000-job-cuts-under-plan-to-save-1-billion-in-costs

Is it really saving money? Or did they have a plant that was losing money and they are closing it?

Every little sneeze is getting headlines to put a thumb on the scale against labor. It wont work. This part of the cycle wont stop labor pressures.

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