With all the layoffs occurring, will we eventually see the labor market cooling?
I’ve been seeing a lot of companies laying part of their workforce off, yet the labor market remains hot.
Is there usually a lag when it comes to the labor markets cooling? Or, would we expect to see those who were fired be hired elsewhere?
Additionally, do layoffs like these signal a recession is on the horizon? I know it’s like beating a dead horse and people are constantly predicting recessions… $S&P 500 Index(.SPX.US$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$
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