News Formal

Here's another sign employees remain in the driver's seat and interest rates are likely to keep rising - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Tech layoffs and rising interest rates have topped the headlines, but new data shows employees are still in the driver's seat in the job market.

, more hiring challenges and a stronger likelihood of further interest rate hikes — all factors that could increase costs for businesses.

“There have been a lot of fears about big tech layoffs in the sector and in Silicon Valley, but that's not playing out more widely at all,” O’Kane said. “It's a reminder that the tech sector is not just Silicon Valley.” He stressed the big headlines of layoffs might get lots of play online, but the heart of the economy is a lot more than just high-profile tech jobs.

“From the employee perspective, the economy is still very healthy so they are going to continue spending,” Taska said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 78. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ensemble Investments LLC seeks approval for Oyster Bay hotel in South San Francisco - San Francisco Business TimesSouth San Francisco's Design Review Board over the summer described the proposed project as 'beautiful,' noting that it is 'the best design of a hotel the city has seen in many years.'
Source: SFBusinessTimes - 🏆 78. / 68 Read more »