Hacker News
US Layoffs Skyrocket to Highest Level Since Pandemic AI Blamed for 40% of Cuts
14 points by yogthos
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2 comments
throwaway202528
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The last actual report, June 5th:
> Nonfarm payrolls jumped a seasonally adjusted 172,000 for the period, down slightly from the upwardly revised 179,000 in April and far above the Dow Jones consensus estimate for 80,000.
> The unemployment rate held steady at 4.3%, as expected.
> Average hourly earnings rose 0.3% for the month and were up 3.4% over the past year..
More jobs, more jobs than expected, and higher wages.