Making Sense of the Job Market Amid Massive Tech Layoffs
Major Bay Area employers including Salesforce, Amazon, Google parent company Alphabet and Facebook parent company Meta have all cut thousands of workers in the last few months. The headlines are startling, but economists say the job market remains in relatively good shape. Unemployment in California hovers near 4 percent down from 16 percent in April 2020, and many industries are still experiencing a worker shortage. Forum talks about layoffs, the job market and what could happen next. Guests: Jennie Brand, professor of sociology and statistics, director of the California Center for…
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