US Job Market Faces Uncertainty Amid Rising Layoffs and Stock Market Resilience
Originally Published 2 months ago — by Bloomberg.com
The US economy appears to be shifting from a 'low hire, low fire' environment to one with increasing layoffs, driven by companies like Starbucks, Target, and Amazon, amid concerns that this trend signals economic deterioration, with layoffs influenced by AI and automation, and a potential warning sign for future economic health.
