Layoff alert sounded? Wall Street economists predict that unemployment is about to rise! The Federal Reserve launched a radical interest rate hike in March last year, and now it has finally sensed signs of large-scale layoffs finally beginning! Investors have always been paying attention to when the labor market will experience weakness, and now, this data may soon be reflected in key economic data closely monitored by the market. According to the data collected under the Workers' Adjustment and Retraining Notice Act (WARN), an increasing number of companies are notifying employees in advance of impending factory closures or layoffs. According to the WARN Act introduced in the late 1980s, many large employers must notify employees and state governments 60 to 90 days in advance when large-scale layoffs are about to occur. The data cited by economist Torsten Slok is based on this estimate by the Cleveland Federal Reserve Bank. He said, "The unemployment rate regression prediction using WARN notifications shows that the number of first time applicants for unemployment benefits in October will rise to levels between 250000 and 300000 in the coming weeks." If there is a significant increase predicted by Slok, it will be a very important data. The latest data shows that the number of Americans applying for unemployment benefits slightly increased to 207000 in the previous week, but it is still close to the low point during the pandemic. Although this data does not necessarily indicate that layoffs have occurred, it does indicate that the tension in the job market is gradually increasing. So, what impact will this wave of layoffs bring? In the process of economic recovery, this will be a very important and crucial factor. Will affect the employment opportunities and salary levels of Americans; On the other hand, it will affect the profitability of enterprises and stock prices. Therefore, this is a topic that deserves our close attention. So what impact do you think this wave of layoffs will bring? Welcome to leave a comment in the comments section to share your thoughts!