WASHINGTON (AP) — Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of other economic pressures.
Applications for jobless aid for the week ending June 18 fell to 229,000, a decline of 2,000 from the previous week, the Labor Department reported Thursday.
BELGRADE, Serbia (AP) — Dozens of Serbian car factory workers on Wednesday blocked a key motorway in the capital Belgrade to protest layoff and relocation plans.
The workers traveled from the central town of Kragujevac, where the plant is located, to Belgrade, saying they wanted better severance deals for employees who are to lose their jobs or get transferred to other factories in Europe.
WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve has just made borrowing even costlier. And the economy actually shrank in the first three months of this year.
SEATTLE (AP) — Redfin, the Seattle-based real estate brokerage, says it will lay off 8% of its employees as the housing market cools off.
DETROIT (AP) — Online automotive retailer Carvana Co. says it's letting go about 2,500 workers, roughly 12% of its workforce, as it tries to bring staffing and expenses in line with sales.
The Phoenix company said in a regulatory filing Tuesday that its executive team is giving up salaries for the rest of the year to help fund severance pay for the workers.
WASHINGTON (AP) — Inflation is at a 40-year high. Stock prices are sinking. The Federal Reserve is making borrowing much costlier. And the economy actually shrank in the first three months of this year.
WASHINGTON (AP) — Chair Jerome Powell isn't as pleased with the robust U.S. job market as you might think he'd be, and he and the Federal Reserve plan to do something about it: Take it down a notch.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week despite signs that the U.S. labor market is rebounding from last year's coronavirus recession.
Jobless claims rose by 18,000 to a 206,000, still low by historical standards.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits fell last week to a new low point since the pandemic erupted, evidence that layoffs are declining as companies hold onto workers.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits moved up last week to 332,000 from a pandemic low, a sign that the spread of the delta variant may have slightly increased layoffs.
MOSCOW (AP) — The United States said Friday it has laid off nearly 200 local staffers working for its diplomatic missions in Russia ahead of an Aug. 1 deadline set by the Kremlin for their dismissal.
WASHINGTON (AP) — The number of Americans applying for unemployment benefits dropped last week, a sign that layoffs declined and the job market is improving.
The Labor Department said Thursday that jobless claims fell just 7,000 from the previous week to 411,000.
WASHINGTON (AP) — Hiring in the United States picked up in May yet was slowed again by the struggles of many companies to find enough workers to keep up with the economy's swift recovery from the pandemic recession.
WASHINGTON (AP) — The American job market is in an odd place.
Consider that in May, employers added 559,000 jobs. In ordinary times, that would amount to a blockbuster burst of hiring for one month, and the response would be an outpouring of cheers.
WARSAW, Poland (AP) — Poland's government on Monday defied an injunction by the top European Union court that ordered the immediate closure of a major brown coal mine, with officials saying it would shake the nation’s energy system and lead to the layoff of thousands of employees.
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 473,000, a new pandemic low and the latest evidence that fewer employers are cutting jobs as consumers ramp up spending and more businesses reopen.
WASHINGTON (AP) — Powered by consumers and fueled by government aid, the U.S. economy is achieving a remarkably fast recovery from the recession that ripped through the nation last year on the heels of the coronavirus and cost tens of millions of Americans their jobs and businesses...
WASHINGTON (AP) — The number of Americans applying for unemployment aid fell last week to 547,000, the lowest point since the pandemic struck and an encouraging sign that layoffs are slowing on the strength of an improving job market...
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose by 61,000 last week to 719,000, signaling that many employers are still cutting jobs even as more businesses reopen, vaccines are increasingly administered and federal aid spreads through the economy...
WASHINGTON (AP) — The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U...
WASHINGTON (AP) — Companies posted more open jobs in January while layoffs decreased as the economy heals slowly from the pandemic...
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy...
The global Christian ministry founded by the late Ravi Zacharias said Wednesday it will suspend fundraising, lay off 60% of its staff and overhaul its mission in the wake of revelations that he engaged in sexual misconduct with massage therapists and carried on many amorous extramarital relationships via texts and email...
NEW YORK (AP) — Buzzfeed announced Tuesday that it has laid off 45 reporters, editors and producers from the newly acquired HuffPost...
WASHINGTON (AP) — The number of Americans applying for unemployment benefits edged higher last week to 745,000, a sign that many employers continue to cut jobs despite a drop in confirmed viral infections and evidence that the overall economy is improving...
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these are legit, even though they were shared widely on social media...
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new confirmed viral infections...
FRANKFURT, Germany (AP) — The unemployment rate was steady at 8.3% in December in the 19 countries that use the euro, as government support programs aimed at getting the economy through the pandemic continue to hold down layoffs — for now.
MEMPHIS, Tenn. (AP) — FedEx plans to cut up to 6,300 jobs in Europe as it completes the process of combining its own operation with that of a Dutch delivery company it bought in 2016.
FedEx said in a statement Tuesday that the cuts will take place over 18 months and include express-delivery operations and back-office employees of TNT Express across the continent.
WASHINGTON (AP) — The number of people seeking unemployment aid soared last week to 965,000, the most since late August and a sign that the resurgent virus has likely escalated layoffs.
The latest figures for jobless claims, issued Thursday by the Labor Department, remain at levels never seen until the virus struck.
WASHINGTON (AP) — Ten months into America’s viral outbreak, low-income workers are still bearing the brunt of job losses — an unusual and harsh feature of the pandemic recession that flattened the economy last spring.