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Labor Market/Economy Weaker Than Headline Jobs Number Suggests

Por: Forbes Business January 08, 2023

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Estimated number of tech layoffs (monthly)WSJ, Layoffs.fyi The big story of the first week of the new year was always going to be about the December jobs number. The Wall Street consensus was +203K for Non-Farm Payrolls, but the headline number, at +223K, handily beat that consensus. As a result, the “soft-landing” narrative is back on the table. The cherry on top was the unexpected low growth in wages (+0.27% to the second decimal).... + full article



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