Mass Layoffs or Hiring Boom? What's Actually Happening in the Jobs Market

Restaurants, hotels and hospitals are finally staffing up, more than making up for losses in tech and other sectors. “Knock on wood, things are running like they were before the pandemic,” said one restaurant executive.

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Economic Report: Jobless claims edge up 2,000 to 205,000, but there’s still no sign of widespread layoffs

The number of Americans who applied for unemployment benefits in early February rose slightly, but there’s still no sign of widespread layoffs in an economy that has been expanding for a record 10 and a half years. Initial jobless claims edged up by 2,000 to 205,000.

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