Last month, the U.S. economy seemed to be in trouble.

Some economists were forecasting a recession, and major companies started laying off thousands

of workers.

It's been a rough start to the year for Silicon Valley, Microsoft announced Wednesday,

it would lay off 10,000 employees.

Google is laying off 12,000 of its employees worldwide.

Amazon has delivered the job cuts it warned about, and then some.

Job cuts are expanding beyond tech, Dowing is the latest to announce layoffs,

shedding 2,000 workers globally.

Our colleague, Ray Smith, covers the labor market.

And it seemed like almost every day we were hearing of a major company announcing thousands

of layoffs, and those really, really scary headlines.

And it made it sound like we were basically in a recession.

Then February came along, and a new government jobs report came out.

And I remember I was working from home that day, and I had CMPC playing in the background.

I was, you know, anticipating the jobs report, and I thought it was going to be ho-hum or

whatever.

Numbers would be coming out shortly.

We're expecting one evening.

And then when they came out, the CMPC people were so excited.

Wow, wow, whoever took the over, congratulations.

517,517,000 non-farm payrolls, a blast off of a number.

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