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WillPostForFood
252 days ago
Yes there have been post-Covid layoffs, but unemployment is 4.3%, roughly at the "full employment" level, and only up 1 point from the post-Covid low.
https://fred.stlouisfed.org/series/UNRATE
1 comments
eru
252 days ago
And we are only talking about 'the' layoffs here because a bunch of tech people got laid off. It wasn't anything special for the overall economy. Some industry or other is always laying people off, and others are hiring.
link