Want to create an interactive transcript for this episode?
Podcast: The Daily
Episode: How Layoff News Is Hiding a Hot Job Market
Description: Â Companies like Meta and Twitter have said that they will be cutting jobs. Google and Amazon have announced that they are putting a freeze on any new hiring.Are tech layoffs a sign of things to come across other sectors? Is this the opening bell for the bad news on the economy that many have been bracing for?Guest: Jeanna Smialek, a correspondent covering the Federal Reserve and economy for The New York Times.Background reading:Â President Biden is celebrating a jobs engine that is running hot; Federal Reserve officials want to se...