Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, Read more
Tag: layoff
Shopify stock sinks amid layoff plan as CEO admits, ‘I got this wrong’
At the height of the COVID-19 crisis, many companies tethered to online spending predicted that the pandemic would permanently alter the trajectory of e-commerce growth for the better as people Read more
‘Everybody thinks we’re in a recession, except the labor market’: Economists don’t see signs of downturn in jobs data
“Everybody thinks we’re in a recession, except the labor market. We’re seeing signs of cooling off in the stock market and the housing market. But so far it has been Read more