‘Anxiety-inducing’ layoffs are scaring U.S. workers. How worried should they be?

From Dow Jones & Company:

American workers are increasingly anxious about the possibility of layoffs, with employee confidence dipping. Despite the fear, the U.S. economy showed strong job gains in January, adding 353,000 new jobs. Some companies like PayPal and UPS have seen layoffs, but experts say that so far there is little evidence of widespread job cuts. Employees in certain sectors, like tech and media, are most concerned about layoffs. Those worried about being laid off should be on the lookout for potential early indicators such as hiring freezes and reorganizations. And job seekers may find fewer opportunities.



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