The Covid-19 pandemic will trigger an unmatched drop in one measurement, the Typical Wage Index, …
Read More »Job Cuts by U.S. Companies Surged in July, Complicating Pandemic Recovery
U.S. employers announced another 262,649 task cuts in July as the COVID-19 pandemic continued to weigh on need, the latest indicator that the labor market healing is losing steam. The layoffs reported by global outplacement firm Challenger, Gray & & Christmas on Thursday were up 54% from June. The job …
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