Gerald Cohen Chief Economist at the Kenan Institute of Private Enterprise at UNC-Chapel Hill

More job cuts are coming to Research Triangle Park. Lenovo officials have confirmed they are laying off 3% of its U.S. workforce, including an unspecified number of employees at its campus in Morrisville. Also this week, the National Institutes of Health confirmed that RTP employees are part of their latest round of layoffs. Economists say the Lenovo layoffs are not indicative of a larger issue at RTP. Gerald Cohen of the Kenan-Flagler Business School at UNC-Chapel Hill joined Jeff Hamlin to discuss what the layoffs mean for the overall job market.