Layoffs 2024 Statistics Meaning. Among the unemployed, 1.1 million were job losers on a temporary layoff in july 2024, an increase of 249,000 compared with the prior month. Jolts estimates reflected a vastly different labor market in 2021 compared with the 2020 labor market.
Last year, we tallied 187 total layoffs among biotech companies, a 57% jump compared to 119 in 2022. Executives justified the mass layoffs by citing a pandemic hiring binge, high inflation and weak consumer demand.
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