Remember the summer spike in layoffs that pointed to a U.S. recession? It didn’t happen.
admin When layoffs surged in the spring and summer, the U.S. economy showed early warning signs…
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Jobless claims edge up to 213,000 but still show strong labor market and few layoffs
The numbers: The number of people who applied for unemployment benefits last week rose by…
Read MoreOpinion: Expecting the Fed to solve inflation on its own ignores important root causes that the Fed can’t touch
In response to continuing core inflation, the Federal Reserve raised the federal funds rate by…
Read MoreMeta is cutting staff without mentioning layoffs
In response to stalling growth and intense competition, Meta Platforms Inc. META, -0.94% executives have…
Read MoreGap cutting 500 corporate jobs in New York, San Francisco and Asia
Gap Inc. is eliminating about 500 corporate jobs, according to people familiar with the matter,…
Read MoreAlmost 100 Facebook janitors laid off as Silicon Valley service-worker cuts continue
Nearly 100 Facebook janitors were laid off from the tech giant’s California offices Friday, two…
Read MoreJobless claims fall to one-month low of 243,000 with no sign of surging layoffs
The numbers: The number of people who applied for unemployment benefits last week fell to…
Read MoreWayfair to lay off 5% of employees, stock falls
Online furniture retailer Wayfair Inc. plans to lay off about 870 employees as it looks…
Read MoreThe ‘crying CEO’ says his viral post may actually help him rehire employees
The “crying CEO” said he never intended to become a viral phenomenon. Braden Wallake’s emotional…
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Opinion: Powell has picked sides, but which is worse for you: inflation or recession?
When Federal Reserve Chairman Jerome Powell said Wednesday that “no one knows whether this process…
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