Bad luck 4 us.... No layoffs, no hiring. The job market is frozen.

Initial unemployment claims just hit 194,000, near a 57-year low, but employers added only 29,000 jobs in Sept. Companies aren't laying people off in large numbers, but they're barely hiring either. Only two states showed meaningful job growth last month. If you have a job, you're probably staying put. If you're unemployed or trying to switch companies, good luck finding anything decent. This might actually be worse than a traditional downturn for job seekers because there are so few openings and nobody knows when hiring will pick up.

https://finance.yahoo.com/economy/articles/layoffs-near-57-low-why-132710835.html

#JobSearch #JobSecurity #Layoffs #Unemployment

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@aj did you even read the linked article? Yes the initial unemployment claims are at a multi-decade low, but as it is reported on a weekly basis the number is highly volatile, it may or may not align with anecdotal evidence you see in your neck of woods, but that doesn’t mean the statistics are lying. The article also points out that job insecurity is at its highest level in more than a decade, and it is very challenging for new college grads as well as workers who lost their jobs, despite the relatively benign stats.

Lol Okay Buddy. Companies are laying off is mass numbers where have you been. And it is going to get bad.

Thread regarding Comcast layoffs

Bad luck 4 us.... No layoffs, no hiring. The job market is frozen.

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