From:
Columbia Business School Professor Daniel Keum spoke with Marketplace host Mitchell Hartman about expectations surrounding the December jobs report and signs that layoffs may be slowing. Keum explained that while hiring has cooled in some sectors, companies appear to be more cautious about cutting staff outright, reflecting lessons learned from recent labor shortages. He noted that firms are balancing cost pressures with concerns about retaining talent, suggesting a labor market that is normalizing rather than sharply deteriorating.
