After the Great Resignation, the Great Layoff Is Around the Corner

Layoffs are intensifying

Photo by Catalin Pop on Unsplash

The labor market is said to be stronger than ever.

The unemployment rate is at pandemic lows. And September was the 21st consecutive month in which the number of jobs increased. The U.S. added 263,000 jobs last, and the unemployment rate fell to 3.5 percent from 3.7 percent in August.