As inflation batters the economy, a surge in unemployment won’t likely be terrible news for people. Perhaps employees who have been laid off might have an edge in an industry where demand is still outrunning supply. In August, the unemployment rate was 3.7%, one of the lowest levels in twenty years. Although some major businesses like Goldman Sachs are believed to lay off hundreds of employees, sectors like healthcare and durable goods manufacturing are having a hard time finding and retaining skilled and competent workers.Read more
Published Date: Sep 19, 2022
Source: Forbes Advisor
