The US labor market is not collapsing despite recent layoffs, an economist says | Markets Insider

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The US labor market is not collapsing despite recent layoffs, an economist says

workers, after Congress failed to reach a deal on a fiscal COVID-stimulus plan Thursday.

Darda, who is chief economist and market strategist at MKM Partners, said:"Keep in mind those numbers sound terrible, but they're not enormous in the context of the size of the total US labor market."

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