The Week Ahead: Employment anxiety may not match June jobs data

Two recent economic news headlines did their job on me. They raised my economic anxiety level, which already is on edge. About 10 days ago the Wall Street Journal published an article declaring “More companies start to rescind job offers.” It detailed how several companies have called back new hires to tell them their new jobs have been eliminated even before their first day. Several of the firms cited experienced huge growth during the pandemic lockdowns, such as real estate firm Redfin and cryptocurrency exchange Coinbase Global. Experiences of the fired-before-even-starting employees focuse…

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