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Sticky Inflation To Remain A Bigger Problem Than Markets Are Ready For | Wolf Richter

Wealthion - Be Financially Resilient

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The Effect of Layoffs on Jobs

Some of this switch from tech and social media to industrial companies, they've been really trying hard to get tech talent. And so in the overall numbers, that's what we've seen. The laid off employees aren't laid off very long. You know, they get new jobs. All right. For the labor market to loosen up, for the number of unemployed to go up, what has to happen is that the companies across the board slow the hiring. But I mean, that's in the future, I'm not seeing that, you know. I just don't see any data on that."

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