Total U.S. employment as of March reached almost 161.5 million, or roughly 3 million above the pre-pandemic peak according to the BLS Household Survey. Understandably, President Biden crows about this …
Jobs
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Several Democratic lawmakers from manufacturing-intensive Midwestern states are backing new regulations by the Biden administration restricting vehicle emissions, which experts say could dramatically reduce the number of gas-powered cars and …
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‘It’s Scary Right Now’: Autoworkers Worried Biden’s Electric Vehicle Push Could Kill ‘Thousands Of Jobs’ Will Kessler on February 19, 2024 Michigan autoworkers are worried that President Joe Biden’s policies …
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By Alden Bentley (Reuters) – A look at the day ahead in Asian markets. The court-ordered liquidation of debt-laden China Evergrande was expected and hardly rattled Asian investors aside from …
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(Reuters) -eBay Inc will cut about 1,000 roles, or an estimated 9% of its current workforce, the e-commerce retailer said on Tuesday. “While we are making progress against our strategy, …
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(Reuters) – U.S. department store chain Macy’s is cutting 2,350 jobs and closing five stores, as it aims to streamline its operations, a company spokesperson told Reuters on Thursday. The …
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By Howard Schneider WASHINGTON (Reuters) – The U.S. economy ended last year with the labor scars from the COVID-19 pandemic effectively healed and a quandary for Federal Reserve policymakers so …
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Biden EPA’s Air Quality Rule Proposal Would Crush American Industry And Jobs, Executives Warn Nick Pope on November 1, 2023 A proposed update to the Environmental Protection Agency’s (EPA) air …
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(Reuters) – Australia’s biggest lender Commonwealth Bank of Australia will cut 192 jobs from its back office operations in Sydney, Melbourne and Perth, including some workers currently employed by BankWest, …
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(Reuters) – Goodyear Tire & Rubber said on Friday it plans to cut 700 jobs and sell about 100 retail stores and fleet locations, under a rationalization plan for its …
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Biden’s ‘Good-Paying, Union Jobs’ Might Cost Taxpayers Millions Each And Offer Low Wages: REPORT John Hugh DeMastri on July 18, 2023 Although American taxpayers are subsidizing massive electric vehicle (EV) …
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(Reuters) -Software firm Oracle on Thursday laid off hundreds of employees, rescinded job offers and cut back open positions within its health unit, the Insider reported, citing three people familiar …
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‘You’re Telling Me We Have Too Many Jobs?’: Josh Hawley Rips Interior Secretary’s Rationale For Shutting Down US Mines John Hugh DeMastri on May 2, 2023 Republican Sen. Josh Hawley …
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By Giuseppe Fonte ROME (Reuters) – Italy plans contested legislation that will make it easier for firms to hire workers on short-term contracts, as part of a set of measures …
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By Anne Kauranen HELSINKI (Reuters) – Finnish elevator-maker Kone said on Thursday it would slash up to 1,000 jobs globally to cut costs and it expects demand to pick up …
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(Reuters) – Proterra Inc said on Thursday it plans to cut more jobs and combine electric bus and battery production in South Carolina as it looks to trim costs. The …
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By Jeffrey Dastin and Yuvraj Malik DAVOS, Switzerland (Reuters) – Microsoft Corp on Wednesday said it would eliminate 10,000 jobs and take a $1.2 billion charge to earnings, as its …
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ALFREDO ORTIZ: Jobs Numbers Should Spur Congress To Finally Start Getting Things Done Alfredo Ortiz on January 6, 2023 Today’s jobs report reveals Americans continue to get poorer every day …
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December’s Strong Jobs Report Unlikely To Slow Fed’s Rate Hikes John Hugh DeMastri on January 6, 2023 The U.S. added 223,000 jobs in December, surpassing investor expectations by roughly 20,000 …
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Former Google CEO Is Quietly Bankrolling Dozens Of White House Jobs Alexa Schwerha on December 22, 2022 Former Google CEO Eric Schmidt helped fund over two dozen Biden administration jobs through …
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Major Tech Firms Cut Jobs, Freeze Hiring Thanks To Fears Of Economic Downturn John Hugh DeMastri on November 3, 2022 Ridesharing app Lyft and payment processing startup Stripe informed their …
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SAO PAULO (Reuters) – Brazil’s electricity company Eletrobras offered on Friday a voluntary buyout to well over 2,000 people representing roughly 22% of its workforce, in a first major cost …
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(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy …
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By Nichola Groom (Reuters) – The number of jobs in the U.S. solar energy industry rose 9% last year to more than 255,000, with most workers employed in installation and …
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LONDON -Britain’s unemployment rate held at 3.8% in the three months to May and the number of people in work rose by the most since the middle of 2021, suggesting …