The job market remains one of the U.S. economy's main engines, with the nation's unemployment rate near a 50-year low and wages finally pulling ahead of inflation. At the same time, major companies in technology, finance, media and other key sectors have all recently announced sizable job cuts.

Rep. Ayanna Pressley (D-Mass.) has accused pharmaceutical conglomerate Walgreens of “divesting from Black and brown communities” after the company announced another store closure in a predominantly Black and Latino neighborhood in Massachusetts.