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Tech Job Cuts Don’t Threaten US Labor Market

Bloomberg Businessweek

00:00

The Job Market Has Not Turned, Is There Still Plenty of Opportunity Out There?

Goldman Sachs says there's not an abundance of evidence here, but they're picking up on signs that people are able to turn around and get a new job pretty quickly. We had the job opening numbers for December just a few days ago, and across the economy, there are still 11 million job openings, unfilled jobs. And for now, as we heard from Jay Powell earlier today, the job market has not turned.

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