US weekly jobless claims decline further https://ift.tt/Kgezlxr is still no sign that high-profile layoffs, mostly in the technology sector, have had a material impact on the labor market, with economists and policymakers saying these companies over-hired during the pandemic and were not representative of the overall economy. Economists also speculate that severance packages were keeping some laid off workers from filing claims.
Thursday, March 2, 2023
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