Lowered Seasonal Hiring Demand from a Big Box

Best Buy will hire 25-30% less seasonal workers than it had in the past, when American clownsumers were in heat and out in full force. The good news on this one is that many of the displaced workers in the sector may be able to find employment. The bad news is that the 16-20k seasonal jobs are just for the holiday shopping season and will retract come January before or after the inventory exercise has completed. These seasonal hirings may be like a person blowing against the CAT-5 hurricane winds of the rest of the layoffs occurring in the country. Surely these seasonal jobs will not carry the salary or perks of some of the tech sector jobs being destroyed.

An exercise, if 1,500 employees making 80,000$ are laid off you will have destruction of personal earnings and government rake of about 120,000,000$. If 20,000 jobs are created by best buy at 8-10$/hr for 40 hours over 10 weeks, you can only recover 80,000,000$. It looks pretty decent, but this is one example of non-offsetting companies and skewed conservatively in favor of the positive impact of the seasonal retail jobs. Reality would differ. Also, the next season's job impact is unpredictable, but a safe prediction is that the clownsumers won't be putting on their squeeky nose and face-paint in a manic race to have stuff they don't need.