Over the past few months, there’s been a steady stream of large, high-profile layoffs—while unemployment claims remain at rock-bottom levels, Axios reports. The apparent discrepancy is stark enough that some people have started asking if generous severance packages are keeping this key measure of the labor market artificially low. JPMorgan analysts decided to tackle the
Ultra-low US jobless claims may be misleading due to severance packages
Sign up for the free Daily Report email – local news about the people, companies and issues that impact business impact business in Baton Rouge and beyond.
