US: No layoffs, but the job market is in crisis; the current unemployment rate is the highest since 2012, excluding pandemic
US: The unemployment rate in the US may formally appear low, but finding a job has become a challenge, especially for new college graduates. The unemployment rate for youth aged 22–27 reached 5.8% in March. According to experts, this rate is the highest since 2012 (excluding the pandemic). At the same time, American job seekers on H-1B visas are also now facing a tougher environment than before.
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