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
By Sam Becker November 22, 2022 It’s been a bleak fall season for the tech sector. Over the past couple of months, tech companies including Twitter, Meta, and Amazon (among others) have announced thousands of layoffs—and as of Tuesday, there was another to add to the list: HP. As a part of its latest … Continue reading More tech layoffs: HP just announced it will lay off up to 6,000 employees
By Andrew Fennell November 18, 2022 Twitter’s job cuts may be dominating news headlines right now, but that’s just part of a massive wave of layoffs from tech firms this year. The industry has been rocked with redundancies. Such big names as Amazon, Microsoft, Meta, and Google have all recently made cuts. If … Continue reading 5 steps to take if you have been laid off
By Dina Smith November 17, 2022 Every time we turn on the news, there seems to be news of another mass layoff. But when you’re one of those people who just lost their job for circumstances beyond your control, it’s far more than a news story. Your life has been abruptly upended. And … Continue reading How to bounce back from getting laid off
By Mita Mallick November 15, 2022 As 2022 comes close to an close, many organizations are laying off workers. According to a recent KPMG survey, more than half of U.S. CEOs are considering layoffs and restructuring in anticipation of a 2023 recession. In recent weeks, media headlines have been filled with a wave … Continue reading What to do if you got laid off, and now the company wants you back
By Samar Marwan August 22, 2022 The race to mass manufacture electric vehicles is on, but the road to an emissions-free future is paved with job cuts. In an internal email to Ford employees, the Dearborn-based car manufacturer confirmed its plans to eliminate 3,000 jobs, many white-collar, and primarily in the U.S., Canada, and … Continue reading Ford lays off 3,000 employees
By Elissaveta M. Brandon August 12, 2022 Another bad week is wrapping up for tech companies—and consumer brands that have donned the tech cape to boost valuations and share prices. Peloton just announced that it is slashing nearly 800 jobs. The Peloton news is part of a sweeping overhaul that includes shutting many of its … Continue reading More layoffs at tech-adjacent brands: Peloton, Calm, Sweetgreen, and more
