Is the job market, the last pillar of the U.S. economy, unstable? Here is a list of companies that have recently announced layoffs
Recent surveys have shown that companies are now more cautious about spending after big pay increases over the past year, fearing that further big pay increases will eat into profits. Economists expect the U.S. average hourly wage rate, due next Friday, to fall to an annualized 5.2% in May, down from 5.5% in April. This […]