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0.00037780656303984 0.000215889464594238 0.000110103626942979 0.000755613126079527 -0.00248272884283236 -0.00248272884283236 -0.00248272884283236 -0.00248272884283236
Stock impact report

Should recent layoffs at major companies worry you? Experts weigh in [Yahoo! Finance]

United Parcel Service, Inc. (UPS) 
Last united parcel service, inc. earnings: 4/28 07:00 am Check Earnings Report
US:NYSE Investor Relations: investors.ups.com
Company Research Source: Yahoo! Finance
The high-profile cuts have coincided with stubborn inflation and wobbly economic performance, threatening to worsen a cost-of-living crunch if paychecks dry up. It is likely too early to panic, however, some economists told ABC News. While the layoffs reflect a weakened labor market and AI adoption in some corners of the tech industry, they added, the prospect of wider job losses remains highly uncertain. Why are stocks falling and what should investors do? Experts explain A thick fog clouds the outlook due to a weeks-long delay in the government's release of gold-standard monthly hiring data. A clearer picture will emerge on Thursday with the release of jobs data for September, though the Trump administration has indicated October figures may never be published. For now, the unemployment rate has continued to hover at historically low levels and the economy has suffered only minor job losses, even if years of uninterrupted job gains appear to have passed. "Unemployment is Show less Read more
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