Job Market Remains Strong Despite Some Big Tech, Finance Layoffs
• The job market remains strong overall despite some high-profile layoffs, with solid job growth and low unemployment • Layoffs recently announced in tech and finance sectors stand out but don't reflect most workplaces • Overhiring during the pandemic and recalibration of growth forecasts help explain cuts at some tech firms • For now, concerns about soaring inflation and unemployment triggering mass layoffs haven't transpired • Job seekers should research which industries and companies in their area are still hiring amid shifts