The job market is making traders' heads explode

The labor market ballooned in January when the US economy added an astonishing 517,000 jobs, blowing past Wall Street's expectations. But at the same time, a slew of corporate layoff announcements have prompted questions about whether there could be a broad slowdown on the horizon.

source https://www.cnn.com/2023/02/15/investing/premarket-stocks-trading/index.html