Retail chain .99 Cents closes all 370 stores across California, Nevada, and Texas. CEO cites inflation and lockdown as decisive factors.

Question: If I lose my full-time job, and instead take two part-time jobs, does this count as “creating one job”? In fact one full-time job was lost, and nothing was created. I’ll bet this will be the case for many of the workers at the 370 closed stores. No twisting of the facts can conceal the reality that 370 closed stores are not a positive development.

https://www.dailywire.com/news/california-retail-chain-closing-all-37stores-after-persistent-inflation-and-economic-headwinds?utm_medium=eml&utm_source=cnemail&seyid=128545