Mass layoffs rise as job market shows signs of decline despite stock market gains
TL;DR Summary
Despite large announced layoffs at Amazon and UPS, recent data on U.S. jobless claims indicates the labor market remains soft but stable, with little evidence of a surge in layoffs overall.
- Still no sign of surging layoffs despite Amazon, UPS job cuts MarketWatch
- People Are Saying The Mass Layoffs Happening Across The Country Are Verrrrry Telling About The State Of America Right Now Yahoo
- The job market may be sinking. Why you should beware of buyouts. USA Today
- The job market is getting worse. So why are stocks booming? vox.com
- "No hire, no fire" job market may no longer be a thing as big companies announce mass layoffs CBS News
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