Layoffs mount as job market gets murky

FHN Financial chief economist takes a closer look at consumer confidence falling for the second straight month on 'Making Money.'

Amazon, Apple, Meta, Lyft and Twitter are among the companies either implementing hiring freezes or letting workers go as themoves to raise interest rates at the fastest pace in decades in order to combat inflation. Economists widely expect the Fed to trigger a recession with higher interest rates, which could force consumers and ultimately businesses to pull back on spending.

People seeking employment attend the 25th annual Central Florida Employment Council Job Fair at the Central Florida Fairgrounds.

News says the lay offs growling a cross the nation. Guess buckling down for two more years of Biden spending.

Murky? Dimms have their boot on the neck of most Americans!

Maybe stop supporting able bodied ppl with welfare, etc.

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Tech Industry Layoffs Continue to MountThe tech industry usually leads the way up when it comes to growth. Lately, though, it has been laying people off at a much higher rate than the rest of the economy. HR giant Challenger, Gray and Christmas said while the overall economy has seen a 6% rise in layoffs since this time last year, the tech industry has seen…
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