roughly 1.7 open positions for each available worker.Some economists anticipated the jobless rate might have to spike in order to bring inflation down. At least so far, that is not the case — inflation is receding, data this week showed, even as the unemployment rate drifts lower.
Sure... But tech layoffs indicate the appetite for growth has slowed, and market-wide job loss is a lagging indicator. It isn't a bullish sign by any means, and the scale of employment loss in the tech sector has been significant.
Gee, if only y'all knew someone who wrote said scary headlines. 🤔
Pay them a decent wage and they will stay!!
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