Layoffs beyond Hype: No, Layoffs.fyi Does Not Track Actual Layoffs in the US, but Media Stories of Plans of Global Layoffs. See Salesforce Today. Actual Layoffs & Discharges in the US Are Still Historically Low by Wolf Richter • Jan 4, 2023 • 143 Comments Many of these announced layoffs are in the future and won’t be in the US and won’t impact the US labor market. But we got data on actual layoffs and discharges in the US today.
Keeping an Eye on the Labor Market to See if the Fed’s Anti-Inflation Drug Started Working by Wolf Richter • Dec 29, 2022 • 103 Comments Maybe just a little. But not seeing the Great Loosening of the job market yet. Laid-off H-1B visa holders complicate the picture.
When Will the Waves of Layoffs Loosen this Crazy Labor Market? by Wolf Richter • Dec 8, 2022 • 239 Comments Now starting to (but just a little).
The Jobs Report in Light of what Powell Said: The Fed Cannot Create Supply of Labor, But it Can Slow the Demand for Labor by Wolf Richter • Dec 2, 2022 • 244 Comments Higher interest rates, for longer.
Layoffs, Quits, Job Openings, Hires, Wages: No “Landing” Yet for Job Market, Eager Employers Quickly Hire Laid-off Workers by Wolf Richter • Nov 30, 2022 • 50 Comments Workers still leveraging this historically tight labor market, but a little more cautiously?
Five-Digit Layoffs Are Here, the Big Ones We’ve Been Waiting for. But the Laid-Off People Are Scattered around the Globe by Wolf Richter • Nov 15, 2022 • 172 Comments Other companies are licking their chops at finally being able to hire tech workers.
Has this Contorted Labor Market Forced Companies to Change their Thinking about Layoffs? by Wolf Richter • Nov 4, 2022 • 149 Comments Looking at the supply-and-demand imbalances and structural changes in the labor market, and what it means for employers.
Wages Soar by 7.7%. But Job Hoppers Boost their Pay by 15.2%, Leveraging this Historically Tight Labor Market by Wolf Richter • Nov 2, 2022 • 109 Comments An indication underlying inflation won’t drop significantly just on its own.
Job Market Refuses to Soften, Fed Gets More Stuffing for Rate Hikes: Layoffs, Quits, Job Openings, Hires by Wolf Richter • Nov 1, 2022 • 108 Comments Still a contorted labor market with massive churn and job hopping, but slightly less than in early 2022. Only retail is back to the old normal.
Most Contorted Job Market Ever Struggling to Revert to Normalcy? by Wolf Richter • Oct 7, 2022 • 154 Comments Last jobs report before next Fed meeting. Not giving the Fed any material for second thoughts about ratcheting up its rates.
