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What’s Actually Happening in the U.S. Jobs Market?
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The U.S. job market is a study in contradictions. While a new report shows January saw the highest level of layoffs since 2009—driven by corporate downsizing and AI integration—the Bureau of Labor Statistics reported a surprising gain of 130,000 jobs. Meanwhile, recent data revisions suggest that hiring over the past two years was significantly weaker than previously thought, with workers and employers starting to question the reliability of official figures. WSJ reporters Justin Lahart and Lindsay Ellis discuss listener questions on the state of hiring, and whether the labor market is better or worse than the official data suggests. Further Reading: What Sweeping Revisions and a Blowout…