Lots of layoffs but also lots of job openings. What’s really going on in the job market

Amazon, Salesforce, Meta, Twitter. It seems like everyday, more layoffs are announced, especially in tech. At the same time, there are more than 10 million job openings in the United States and hiring remains robust. Christine Romans explains why the layoff headlines don’t reflect a weak job market—at least not yet.

https://www.cnn.com/videos/business/2023/01/12/layoff-headlines-job-market-explainer-romans-contd-orig-ht.cnn-business