The U.S. Labor Market Confounds With Its Countercurrents; It May Be The New Normal Labor Market
Source: SeekingAlpha
2026-03-26 16:15:00 ET
On one side, there are the tech layoff announcements, often to clean up what tech CEOs widely called “over-hiring” to describe what they’d done in 2020-2022, when their payrolls exploded; Block CEO Jack Dorsey was the latest on X , “yes we over-hired during covid…,” after Block announced that it would lay off nearly half its staff, which had more than tripled in 2020-2022 (from 3,900 to 12,500)....
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The U.S. Labor Market Confounds With Its Countercurrents; It May Be The New Normal Labor Market
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