Layoffs crept higher in recent months, but the job market remained fundamentally steady since the summer, the Labor Department reported Tuesday
Pessimistic
-21.2
The Labor Department’s JOLTS survey shows rate of layoffs ticked up to 1.2% in October versus 1.1% in August.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.
