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© Thomson Reuters 2023.U.S. layoffs hit two-year high in January after tech firms slashed thousands of jobs
By Samrhitha Arunasalam NEW YORK©2024 GPlusMedia Inc.
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JeffLee
This is what the Japanese economy needs: workers who leave one employer and then are hired by rival employers, where cross-pollination of skills and knowledge take place and better opportunities exist.
In Japan, workers stagnate at the same place for several decades, accepting lower and lower real wages.
Desert Tortoise
And yet overall hiring is strong and the unemployment rate remains low.
https://www.aljazeera.com/economy/2023/2/3/us-adds-a-surprisingly-strong-517000-jobs-despite-fed-hikes
theFu
Anyone in tech in the USA who isn't a paperweight can get a job in 2 weeks. Takes about 2 months to find a great job.
They were all hired due to fear that none would be available. Many tech companies flush with cash over-hired.