Looming Layoffs
Trading Perspectives: An Economic Podcast
English - November 09, 2022 21:26 - 21 minutes - 29.5 MB - ★★★★★ - 71 ratingsInvesting Business News economics Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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Although the government keeps reporting strong jobs numbers, it seems layoffs are on the rise. This is especially true in the technology sector, where many household names have announced some form of job cuts, hiring freezes, and downsizings. So, which is it? Is the labor market strong? Are these job losses contained within the tech sector? Or are they the proverbial “canary in the coal mine, with bigger labor pains to come?
This week, Sam, Courtney and John discuss the recent spate of layoffs in the tech sector and what it might mean for the broader economy…if anything.