Скачать или смотреть 172,000 Jobs Cut in February—What’s Going On?

172,000 Jobs Cut in February—What’s Going On?
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February saw 172,000 job cuts—the worst since 2020! That’s a staggering 245% increase from January, with over 62,000 cuts from federal agencies due to downsizing.
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Retail giants like Macy’s and Forever 21 are also cutting jobs, alongside tech companies. Yet, hiring is up 159% from last year. Is this a sign of economic collapse or just a major shake-up?
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All eyes are on this Friday’s job report. Strong hiring could keep rate cuts off the table, but ongoing layoffs may force the Fed to act.
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This jobs report could impact mortgage rates—let’s discuss your best options now!
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