July jobs report reveals unexpected loss of 23,000 jobs
Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
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Friday's jobs report showed employers shed jobs last month, rather than adding 95,000 new hires that had been forecast by economists.
The typical American's paycheck has grown faster since 2019 than in any stretch since the early 1980s. But prices climbed nearly as fast, swallowing about 80% of the wage increase.
Hiring was much stronger than expected in March, with employers adding roughly three times the number of jobs economists predicted.
Economists had forecast a gain of 60,000 jobs last month. The unexpected drop was due to job losses in health care and the federal government.
A college degree still provides an edge when it comes to finding a good job, but a person's major may be just as important to career stability, research suggests.
Pinterest says two engineers lost their jobs after writing custom scripts to identify employees who were cut in a recent round of layoffs.
The monthly job gains were slightly below the 55,000 forecast by economists, according to a poll by FactSet.
The Department of Homeland Security says it's replacing its longstanding lottery system for H-1B work visas with an approach that prioritizes skilled, higher-paid foreign workers.
The unemployment rate in November rose to 4.6%, its highest level since September 2021.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
Verizon must "evolve as a company" by slashing costs and restructuring, the wireless telecom's chief executive told employees.
Nearly 40,000 Americans in 21 states received an impending layoff notice last month, new data from the Federal Reserve Bank of Cleveland shows.
Employers have slashed nearly 1.1 million jobs through October this year, up 65% from a year ago, new labor data shows.
A trend that started in the technology sector is spreading to other industries, with businesses cutting workers even as their profits expand.
Amazon and UPS on Tuesday announced tens of thousands of job cuts, the latest signal that the U.S. labor market is downshifting.
The number of unemployed people looking for work more than six months has surged to its highest level since 2021.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Uncertainty over U.S. tariffs and other Trump administration economic policies are deterring manufacturers from hiring, according to the Center for American Progress.
Reflection Point is billed as a book club redesigned for the modern worker.
Novo Nordisk said the job cuts will eliminate about 11% of its workforce, with 5,000 of the reductions in Denmark.
The downward revision from the Bureau of Labor Statistics shows the job market was slowing in 2024 and early 2025.
Economists expect the Bureau of Labor Statistics to revise its jobs data downward for the year ended in March 2025. Here's why.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
After President Trump expressed "shock" over the pace of hiring in July, much is riding on the employment data for August.
Federal Reserve Chair Jerome Powell cited risks to the labor market in opening the door to cutting interest rates. Here's what job-seekers should know.
