The job market remains “remarkably resilient” even as layoffs, inflation and recession concerns make their rounds
or freezes, while other companies like Netflix, Peloton and Carvana pointed to lackluster consumer demand and high inflation to justify fresh layoffs.
Recent tech layoffs are notable but don't capture the bigger picture of consumer demand recovering from pandemic lows, Pollak adds. Job-switchers generally see the highest wage growth, though Pollak says more people are getting raises in today's market, including job-stayers, public-sector workers and unionized workers renegotiating their contracts.measuring job-seekers' confidence, half of all employed job-seekers say if they resign, they're confident their current employer will make a counter offer with more money to get them to stay.
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