Company layoffs are reaching historic highs—here’s what HR should know
Economists share how hiring slowdowns and layoffs impact the labor market.
Economists share how hiring slowdowns and layoffs impact the labor market.
Less than half of employees (45.2%) are confident in the business health of their employers, according to Glassdoor.
The layoffs fell just behind the early pandemic’s record losses.
As uncertainty over tariffs and other economic challenges looms, businesses are becoming more cautious about hiring.
Employers added 151,000 jobs in February, but the federal workforce cuts and tariffs could rain on growth.
“The top line number of payroll gains actually isn’t what one should focus on, because how many jobs you need depends so heavily on how many people there are.”
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