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April 8, 2023
The March jobs report is out and it isn’t great.
Two key features of the report are that job cuts surged by 15 percent, and large scale layoffs are expected to continue.
Biden thinks he is doing a great job, of course.
The pace of job cuts by U.S. employers accelerated in March, with the number of layoffs climbing 15% from just one month ago, according to a report published on Thursday by Challenger, Gray & Christmas.
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