What vast number of layoffs? The national layoff rate is currently 1.1%, which is lower than the the pre-pandemic average [0]. The NYS layoff rate is 0.5% which

What vast number of layoffs? The national layoff rate is currently 1.1%, which is lower than the the pre-pandemic average [0]. The NYS layoff rate is 0.5% which is one of the lowest in the country. [0] https://fred.stlouisfed.org/series/JTSLDR https://fred.stlouisfed.org/series/JTSLDR [1] https://www.bls.gov/charts/state-job-openings-and-labor-turnover/state-layoffs-and-discharges-rates.htm https://www.bls.gov/charts/state-job-openings-and-labor-turn...