Tag: unemployment
Layoffs on the Rise but Unemployment Rate Holds Steady
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Despite significant job cuts across various industries in 2023 and early 2024, the unemployment rate has only increased slightly. This apparent disconnect between rising layoffs and a slow rise in unemployment has puzzled economists and job seekers alike. A survey by ResumeBuilder found that nearly 40% of business leaders anticipate…
Tech Takent in Flux: Beyond Layoffs, New Horizon in 2024
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Where Did They Go? Navigating the Shifting Landscape of Tech Layoffs in 2024 The tech industry, once a beacon of stability and growth, has experienced a wave of layoffs in 2024, leaving many wondering about the fate of displaced workers and the potential impact on household income. While the initial…