Jobs Market Parties Like It’s 1969

  • 📰 WSJ
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Job numbers this month were great. jdlahart explains why not everyone is excited about them. WSJWhatsNow

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

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:

 /  🏆 98. 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.

Bitcoin Market Sentiment Is Most Bullish in 14 Months With U.S. Jobs Report DueThe cost of holding a bullish long position in perpetual futures tied to bitcoin has jumped to the highest since the dizzy bull market days of late 2021. godbole17 👀 godbole17 Nice to have Bitcoin jump to the highway, a bullish sign while it’s dull early godbole17 Dump incomming
Source: CoinDesk - 🏆 291. / 63 Read more »

Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%Despite waves of layoffs hitting some of the nation’s largest employers, the labor market overall is still faring much better than expected. This is not job growth, it’s job RECOVERY.
Source: Forbes - 🏆 394. / 53 Read more »

Stock market news today: Blockbuster jobs report suggests hawkish FedUS stocks fall after blockbuster January jobs report suggests more hawkish Fed moves ahead This mfer said “fall” 🤡
Source: BusinessInsider - 🏆 729. / 51 Read more »

Blockbuster jobs data reflects a mind-blowing labor marketThis is a rip-roaring labor market, in stark defiance of months of recession chatter — and the Federal Reserve's efforts to slow things down. Calm before the storm.
Source: axios - 🏆 302. / 63 Read more »