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.
The Fed also reports that employment in Texas grew at an annualized 2.3% in January, while December job growth was 2.2%.
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.
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.
Nearly 40,000 Americans in 21 states received an impending layoff notice last month, new data from the Federal Reserve Bank of Cleveland 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.
Employers have announced nearly 950,000 job cuts through September, the great number of layoffs through September since 2020, an analysis finds.
Americans' confidence in finding a new job fell to the lowest measure on record, new government survey shows.
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.
The bottom 60% of U.S. households don't make enough money to afford a "minimal quality of life," according to a new analysis.
Southwest said the layoffs won't start until late April.
According to the report, 15,151 Texas workers are owed back wages.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Some decent-paying occupations are seeing job losses because of AI and changing consumer habits. Here's what to know.
Junk Hustlers was launched by Dallas-based Cornbread Hustle, a staffing agency that offers second chances.
U.S. unemployment rate rose slightly to 3.9% in April, continuing a stretch of remaining under 4% for 27 months.
Within hours of the vote, the U.S. Chamber of Commerce announced it would sue to block the ban. Dallas employment attorney Rogge Dunn predicts employees will ultimately win this battle.
Wall Street is closely watching the jobs report and next week's inflation data to predict when the Fed might cut rates.
The best employers get high ratings for attributes like pay, benefits and values, and range from tech firms to fast-food chain In-N-Out Burger.
