American layoffs and firings are at a 20-year low

About 30,000 Toys R Us employees got pink slips last year. Media companies fired more than 2,400 workers in the past three months. And Elon Musk is planning to let go of 3,000 employees at Tesla.

Though mass layoffs always make headlines, they actually say very little about the US economy. Even recent stock market volatility and slowing economic growth don’t tell the entire story.

The surprising truth is, jobs are incredibly secure. Workers are less likely to get laid off today than at nearly any other time in modern US history.

In 2018, US businesses laid off 21.9 million …

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Democrats may take President Trump to court over his tax returns; the US pulls troops from Libya as the country edges to the brink of civil war.

The legal battle for Trump’s tax returns

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  • The fight over releasing President Trump’s tax returns will likely end up in court. The chair of the House Ways and Means Committee formally asked the