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If the jobs market is so good, why so much talk of layoffs and rising unemployment?

Por: MarketWatch Politics October 07, 2022

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Why is demand for labor so strong? The economy recovered a lot faster from the pandemic than expected, fueled by trillions of dollars in government stimulus payments to households and businesses. Americans bought a lot of goods early in the recovery such as new cars, appliances, computers and so forth. Now they are spending more on services such as travel and entertainment. That means businesses have to hire more workers to keep up with demand.... + full article



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