U.S. Job Market Faces Turmoil Amid Mass Layoffs and Economic Uncertainty

Despite recent high-profile layoffs at Amazon, UPS, and others, the US job market remains in a low-hire, low-fire state, with the current layoffs being relatively small compared to historical levels. Experts suggest that a significant increase in layoffs would be needed to signal a serious downturn, and many industries continue to face labor shortages, especially in healthcare. The overall labor market is stable for now, but ongoing company decisions and economic factors are being closely monitored.