APPLETON (WLUK) — Amazon, Target and Paramount Skydance all announced major layoffs in recent days, but the Appleton area hasn’t seen the same effect.
“A good part of the slowing likely reflects a decline in the growth of the labor force, due to lower immigration and lower workforce participation,” said Jerome Powell, chair of the Federal Reserve in a press conference Wednesday. “Though labor demand has certainly softened as well.”
Powell didn’t paint a promising picture of the job market…