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October 14, 2024 17,000 jobs will be cut at Boeing as monthslong strike continues The layoffs will affect 10% of Boeing’s global workforce. BY Reuters Boeing will cut 17,000 jobs—10% of its global workforce—delay first deliveries of its 777X jet by a year and record $5 billion in losses in the third quarter, as the U.S. … Continue reading 17,000 jobs will be cut at Boeing as monthslong strike continues
October 04, 2024 U.S. jobs report expected to show hiring gains in September The Labor Department is expected to report Friday that employers added 140,000 jobs in September. BY Associated Press The U.S. labor market is still reliably cranking out jobs each month, enough to give Americans the confidence and paychecks to keep spending and sustaining … Continue reading U.S. jobs report expected to show hiring gains in September
September 04, 2024 U.S. job openings slump to lowest level since January 2021 In July, job openings fell sharply in healthcare and state and local government and also dropped in warehousing and transportation. BY Associated Press America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could further … Continue reading U.S. job openings slump to lowest level since January 2021
August 01, 2024 The number of Americans filing for unemployment is at an 11-month high Unemployment claims have been rising since June, partly due to motor vehicle plant shutdowns and disruptions caused by Hurricane Beryl. BY Reuters The number of Americans filing new applications for unemployment benefits increased to an 11-month high last week, suggesting some … Continue reading The number of Americans filing for unemployment is at an 11-month high
July 11, 2024 Fewer Americans filed for unemployment benefits last week than expected Initial claims for state unemployment benefits fell 17,000 to a seasonally adjusted 222,000 for the week ended July 6, the lowest level since late May, the Labor Department said on Thursday. BY Reuters The number of Americans filing new applications for unemployment benefits … Continue reading Fewer Americans filed for unemployment benefits last week than expected
July 05, 2024 The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1% Last month’s job growth did mark a pullback from 218,000 in May. BY Associated Press America’s employers delivered another healthy month of hiring in June, adding 206,000 jobs and once again displaying the U.S. economy’s ability to withstand … Continue reading The U.S. economy added 206,000 jobs in June while the unemployment rate rises to 4.1%
May 09, 2024 Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates The Labor Department’s report confirms a cooling job market. BY Reuters The number of Americans filing new claims for unemployment benefits rose last week to the highest level in more than eight months, further evidence … Continue reading Unemployment claims are at their highest in 8 months, but the Fed has yet to cut interest rates
May 03, 2024 Jobs report shows falling unemployment rate for Black workers Unemployment rates were low in April, and the unemployment gap between white and Black workers is narrowing. BY Pavithra Mohan One of the most notable findings from the jobs report released this morning is that job creation has finally slowed down, with employers adding … Continue reading Jobs report shows falling unemployment rate for Black workers
By Pavithra Mohan January 09, 2024 When the last jobs report of 2023 was released on Friday, it confirmed that the labor market is still going strong, with 216,000 jobs added in December and the unemployment rate holding steady at 3.7%. That brought the total number of jobs added over 2023 to about 2.7 … Continue reading The unemployment rate for disabled workers is increasing
By Mita Mallick November 27, 2022 As we scroll through our social media feeds, news of layoffs continue to dominate the headlines: “Thousands at Meta, Twitter, Salesforce lost jobs this week—the shock could ripple through the economy for months” and “Mass Layoffs Are Happening at Amazon” and “Disney Plans Layoffs, Rigorous Review Of Spending … Continue reading How to support a friend who has been laid off
