US Layoffs Haven't Increased, and New Tech Industry Hiring Balances Firings (opens in new tab)

"The numbers show that layoffs in the U.S. are roughly at or below levels from before the pandemic," reports the Washington Post, "although they are higher than in 2022 when businesses snapped up workers as the economy roared back to life... "A different measure that accounts for the growing U.S. workforce shows that layoffs affected about 1.2% of employed people in March, a number that has been steady for years outside of the pandemic..." In the technology industry, where Meta and other comp...