Lots of layoffs, few jobless claims

Illustration: Annelise Capossela / Axios. Article by Neil Irwin. Axios – January 5, 2023.

Two headlines over the last 24 hours sum up the labor market in a nutshell. Driving the news: Amazon announced Wednesday it will lay off more than 18,000 workers, the latest in a string of such announcements from major employers. Meanwhile, the Labor Department reported this morning that only 204,000 people filed new jobless claims, […]

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