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Mohamed A. El-Erian
elerianm.bsky.social
did:plc:ejrscscvkhy7qapuowl7zfad
Sobering data from Challenger on the US labor market:
Announced job cuts in January more than doubled year-over-year, hitting their highest level since the 2009 Great Recession.
Most notably, these layoffs are occurring while GDP continues ...
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2026-02-05T12:56:25.751Z