Jobless claims, which represent layoffs, fell by 6,000 last week to a total of 186,000. In December, for example, we had the lowest rate of job growth in over two years. This latest batch of economic data comes as a growing number of tech companies announced massive layoffs.
As the Fed continues trying to tame inflation, tech companies are laying off workers, The Biden administration is reviving an Obama-era policy, and whistleblower levels new claims against the FBI and its director. Get the facts first on Morning Wire.
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