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Effective leadership aims to earn respect, build trust, and empower their team through humility.

Each month, the U.S. Bureau of Labor Statistics (BLS), which describes itself as “the principal fact-finding agency for the Federal Government in the broad field of labor economic and statistics,” releases their “Employment Situation Summary,” or what many of us in the industry refer to as the “Jobs Report.” It’s a detailed report which analyzes job growth or losses and other labor force statistics across many industries.And each month, largely to spare you from having to sift through the lengthy report to glean everything you need, we provide you with a high-level overview consisting of leading and lagging professional industries, geographic highlights, and more. We also provide you with some timely and relevant economic and workforce management news not included in the Jobs Report.

Editor’s Note: The following article is part one of a six-part series about the ins and outs of layoffs and outplacement services.

As hard as it is to imagine, business news outlets are rushing to at least ask the question about whether Musk – the billionaire who bought Twitter this fall, laid off half of its employees and pressed remaining staff to go “hardcore” or just go – had somehow become a role model for the modern CEO.