The October job market shows troubling signs as announced job cuts skyrocket and job postings hit a low not seen since 2021, raising concerns about the ongoing government shutdown's impact on employment.
Employers have announced a staggering 1.1 million job cuts in 2025, the highest since the pandemic, with October seeing a notable surge. Are we facing an impending recession?
In a surprising turn, private companies added 42,000 jobs in October, surpassing expectations and hinting at a resilient labor market. Despite overall gains, small businesses continue to struggle, raising concerns about the recovery's strength.
In a recent earnings call, Amazon CEO Andy Jassy explained that the company's layoffs were driven by cultural fit rather than financial necessity. As AI transforms the workplace, he emphasizes the need for adaptability and a lean structure.
Amazon announces layoffs affecting 2,303 employees, primarily impacting software engineers in Washington. The move reflects a shift in tech jobs as AI tools reshape the industry. Are you at risk?
The Federal Reserve's recent decision to lower interest rates below 4% has ignited a fierce debate among officials, highlighting economic challenges and potential risks as the government shutdown looms.
As the Federal Reserve prepares to announce a quarter-point interest rate cut, investors are left wondering about the future of the economy. With inflation rising and job growth slowing, Fed Chair Jerome Powell faces tough decisions ahead.
The job market is undergoing a significant shift as major companies like Amazon and UPS announce thousands of layoffs, raising concerns about job security and economic stability. Experts warn that this could mark the end of the 'no hire, no fire' era.
In a surprising move, Amazon is set to lay off up to 30,000 corporate workers as part of cost-cutting measures. This could be one of the largest layoffs in recent months, following aggressive hiring during the pandemic.
As the government shutdown stretches on, federal workers fear they might not receive retroactive pay. Legal experts weigh in on the implications for furloughed and excepted employees amidst uncertainty.