Rachel Sederberg, senior economist at workforce data firm Lightcast, said the recent wave of layoffs in the big tech world are partially a course correction after many companies overextended themselves during the pandemic.
Overall, there were about 10.45 million job openings at the end of November, according to preliminary numbers from the Bureau of Labor Statistics. By contrast, there were 5.7 million unemployed Americans, according to the latest data from BLS. Meanwhile, the quit rate remains at 2.7% — down from recent highs but still well above pre-Covid levels.
“As far as I can tell, the story here is that tech was on a hiring spree during the pandemic and now they’re scaling back due to less demand,” Ryan said. “Another factor may be this: businesses often use a 'slow economy' as a reason to eliminate nonessential or excess employees.” While Reynolds said December's job report confirmed the job market remains relatively tight, he said slowing gains in nonfarm payrolls suggest a loss of momentum.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Google, Amazon, Facebook layoffs come after Covid-19 pandemic overhiring - Jacksonville Business JournalTech giants Amazon, Microsoft and Facebook have been laying off tens of thousands of workers. But economists are not sounding the alarm just yet.
Fonte: JaxBizJournal - 🏆 599. / 51 Consulte Mais informação »
U.S. Sues Google for Alleged Antitrust Violations in Its Ad-Tech BusinessBreaking: The Justice Department sued Google, alleging antitrust violations in its ad-tech business. It's a major expansion of the legal challenges facing the company. Meh Please leave Google alone. Breaking: Apple laughing while they go after google… hmmmmm
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »
U.S. targets Google's online ad business monopoly in latest Big Tech lawsuitThe U.S. Justice Department sued Alphabet's Google on Tuesday, accusing the company of abusing its dominance of the digital advertising business and saying it should be forced to sell its ad manager suite, in the government's latest jab at thwarting Big Tech's market power. 'Evolution through Competition' who deserves deserves😉 and simply applyng the best Google's slogan✌️ we could learn to admire the better and the best🤩 in saint PEACE✌️❤️✌️ (And then none, neither Bing by Microsoft, has still superated the incredible potence of the AI of Google✌️Search✌️ Repeat: who deserves deserves🤩😉🤩) I need an app
Fonte: Reuters - 🏆 2. / 97 Consulte Mais informação »