Why so many layoffs in a hot labor market?
Marketplace
Marketplace
4.6 • 8.5K Ratings
🗓️ 15 February 2024
⏱️ 30 minutes
🧾️ Download transcript
Summary
Cisco, the communications infrastructure giant, is planning to cut lots of jobs. It’s the latest high-profile company to do so. Meanwhile, we keep getting positive indicators about the labor market, like today’s data on falling jobless claims. We’ll explain the disconnect on today’s show. Also: What rising import prices mean, tracking shipments on freight trains and why a bank created to integrate emancipated Black Americans into the economy matters today.
Transcript
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