“The number of federal employees to cut should be at least proportionate to the number of federal regulations that are nullified,” Musk and Ramaswamy said in a recent Wall Street Journal op-ed. Trump has also vowed to abolish the Department of Education, which could result in layoffs as ...
Job Layoffs and Discharges Job Openings Job Quits Rate Jobless Claims 4-week Average JOLTs Job Openings JOLTs Job Quits Labour Costs Long Term Unemployment Rate Manufacturing Payrolls Minimum Wages Non Farm Payrolls Nonfarm Payrolls Private Nonfarm Productivity Part Time Employment Participation Rate Populat...
The pace of layoffs is slowing down The latest layoff report from outplacement firm Challenger, Gray & Christmas showed that far fewer job cuts were announced in April than any month so far this year. Challenger reported Thursday that US employers announced 64,789 job cuts last month, down ...
While the jump in the unemployment rate triggered the Sahm rule on recessions, economists pushed back against concerns that a downturn could already be underway. They argued that the rise in the jobless rate was not because of layoffs, but rather an immigration induced jump in labor supply....
The slowdown in job growth last month reflected mainly the impact of hurricanes and a strike at Boeing. Related Stories US job openings fall to 7.6 million in December, suggesting the job market is slowing but healthy More Americans file for unemployment benefits last week, but layo...
15 Best Jobs to Consider for a Career Change in 2025 The Company You Work for Is Not Flourishing If your company is experiencing a wave oflayoffs or furloughs, this can be a red flag that it is in trouble financially. After making discreet inquiries and doing some research, you may find...
Should anything like layoffs happen, you’ve hopefully helped to build skills. In doing so, they may be better prepared to weather a tough job market. 2. Be a future-minded leader One of the key tenants of future-mindedness is preparing for the road ahead. Future-minded leadership is ...
Layoffs are low. People have jobs, and they are spending, and that continues to bolster the economy and the labor market.” The US has now added jobs for 48 months in a row, tying the second-longest period of employment expansion on record. ...
US Job Openings Rise More Than Expected The number of job openings increased by 259,000 to 8.098 million in November 2024, from an upwardly revised 7.839 million in October and above market expectations of 7.70 million. The number of job openings increased in professional and business services (...
They were down from 8.9 million a year earlier and a peak of 12.2 million in March 2022 when the economy was rebounding from COVID-19 lockdowns. The openings fell short of the 7.9 million that economists had expected. The number of layoffs fell, suggesting that Americans enjoy unusual j...