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Weekend Reads | What Layoffs Tell Us About the U.S. Economy

by Kevin Schofield


These days, there seems to be a tremendous amount of disagreement about how the U.S. economy is doing. On one hand, the Federal Reserve Bank seems intent on keeping interest rates high to prevent “overheated” economic growth and the high inflation that accompanies it. On the other hand, we hear about layoffs, particularly in the tech industry, as some companies try to tighten their belts in preparation for an upcoming recession. So which is it: a booming economy that needs to be capped, or a sluggish economy where jobs are on the line?

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