Gainers & Losers in Tech Sector This Week

Gainers & losers in tech sector this week

Markets ended the week mixed as investors digested a weaker-than-expected August U.S. jobs report and re-evaluated exposure to high-growth tech names, particula

Tech Tanks in Latest Jobs Report As Most States Struggle to Keep Them

The slower hiring rate and outright layoffs suggest that firms are reassessing their workforce strategies.

Tech Tanks in Latest Jobs Report As Most States Struggle to Keep Them - WorldNL Magazine

Last week’s disappointing jobs report showed U.S. job growth stalled significantly in August, with just 22,000 new jobs added, and an unemployment rate that has risen to 4.3%. It was the worst August report since the pandemic and the market treated it accordingly, welcoming it for the potential rate cuts it may herald but wary of the slower growth it may portend. “The labor market is showing signs of cracking,” Heather Long, Navy Federal Credit …