This is all very counterintuitive

[Silver Ridge Market Report Logo] Dear Reader, Just because a story gets a lot of news coverage doesn't necessarily mean it's representative of what's happening worldwide. This is the issue with news, a business incentivized to address its audience's interests and not necessarily its needs. Consider news coverage of layoffs. If you've been following the news, then you've probably seen multiple stories about companies announcing what appear to be significant layoffs. You might even think the economy is in the throes of mass layoffs across industries. According to Bloomberg data cited by BofA, the weekly news stories mentioning layoffs spiked to record levels recently. Many of these announcements have been concentrated in the tech sector, which is responsible for less than 3% of total employment in the U.S. According to Bureau of Labor Statistics data released Wednesday, the tech-job-heavy information sector is the only industry group experiencing layoff activity above pre-pandemic levels. According to Bureau of Labor Statistics data from the Federal Reserve Economic Data, layoff activity in the U.S. remains very low. I don't blame you if you're having trouble wrapping your head around this. It's all very counterintuitive. Tens of thousands of layoffs have been reported prominently in the news. These are big, visceral numbers. However, Bureau of Labor Statistics data shows there were 1.4 million layoffs in October. In fact, employers have been laying off more than 1.2 million employees a month for the past two and a half years. So those stories of layoffs you read about are pretty small relative to the ongoing pace of layoffs, which by the way are very small relative to the 158.9 million people employed. That said, there is a danger that excess coverage of the negatives in the economy becomes a self-fulling prophecy. Let's hope we avoid that. Editor, Silver Ridge Market Report Andrew Graham [A Graham Signature] Sponsored P.S. [Get These Great Stocks At A Discount Right Now]( Every day the news says to invest somewhere different. We’ve been saying to make this same investment every day this year and we haven’t changed our tune. These growth stocks could grow 10X over the next decade. [Go HERE to Get Their Names And Ticker Symbols]( By clicking the link you are subscribing to the Summa Money Newsletter and may receive up to 2 additional free bonus subscriptions. Unsubscribing is easy [Privacy Policy/Disclosures](   406 Media and Silver Ridge Market Report, is not giving individualized financial advice. Never invest more than you are willing to lose. 406 Media or Silver Ridge Market Report is not giving financial, investment, or stock advice. Our content is designed for generalized informational purposes only. If you have specific questions about investments or stocks you should consult a financial advisor. Articles, News, Or Other published materials are not always the views of 406 Media and/or Silver Ridge Market Report. If you feel you are receiving these emails in error please email Support@e1.profitraven.com or click the unsubscribe button below. Silver Ridge Market Report is now brought to you by ProfitRaven.com a thought leader in the financial publishing and alternative investment idea space. All rights reserved. Republishing Prohibited without expressed written consent of 406 Media, or their designated agent. 30 N Gould St, STE R, Sheridan WY 82801 This e-mail has been sent to {EMAIL}, [click here to unsubscribe](.