Quote:
Originally Posted by troutman
"Job Numbers" - most of the job gains were temporarily laid off workers returning to work. Permanent unemployment numbers are increasing.
|
Not surprising. I work in consulting and the vast majority of our clients have freezed new spending for the time being. Inflight projects have mostly continued as it would cost more to stop and restart, but clients are hesitant right now to spend on new initiatives unless the budgets were already approved prior to covid.