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Meta and other tech companies have been hiring aggressively in recent years but have recently begun to let some of those workers go.
Growth in the number of people looking for work means the unemployment rate is rising for the right reasons, one economist says.
Theoretically, yes.
Many workers laid off from tech jobs are finding new ones fast.
Some platforms have laid off employees, citing the need for sustainable growth.
Lawsuits have been brought against companies accused of age discrimination.
The hospitality industry, for example, is on a hiring binge.
Because if people liked a “Frozen 2,” wouldn’t they like a “Frozen 3?”
A majority still think the country is headed for a recession. But the majority’s shrinking.
The job market is still tight, so many who’ve lost jobs rejoin the workforce fast. Others aren’t eager to deal with the unemployment insurance system.
