There’s never a bad time to have an emergency fund, but this might be a particularly good time to boost your reserves. While the American economy keeps chugging along, there are some cracks showing amid all the good news — particularly when it comes to jobs. Although the September jobs report did show a higher increase in jobs than expected, for the year, employers in the U.S. have announced the most job cuts since the pandemic year of 2020, per a report from Challenger, Gray & Christmas.
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