Blowout employment report doesn’t jibe with recent tech layoffs, but overall labor picture is a lot more buoyant
As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionals are getting the pink slip first. Illustration: Adele MorganEconomists keep saying that the labor market will start to really cool off any second now.
jdlahart Maybe the massive tech sector layoffs not on par with more jobs in hospitality or service industry?
jdlahart We are having to work 2-3 jobs to stay afloat
jdlahart Its so hot and actually it's melting the jobs that are exist
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