The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.
Category: Hiring and Promotion
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Boeing Will Freeze Hiring and Cut Spending as Strike Takes Financial Toll
More than 33,000 Boeing workers went on strike last week after rejecting a tentative contract the company had negotiated with their unions.
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As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.
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Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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What to know about the latest report.
Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August and the unemployment rate was 4.2 percent.
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For the Fed, a Sign That the Job Market Is Cooling but Not Imploding
Fed officials have been watching the job market as they move toward a rate cut this month. Friday’s report contained good and bad news.
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Job Hunting Is a Challenge for Recent College Grads
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.
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BLS Data on Jobs and Consumer Prices Faces a Test of Trust
The Bureau of Labor Statistics, which tracks prices and employment, faces scrutiny after several missteps. Some questions have gone unanswered.
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U.S. Added 818,000 Fewer Jobs Than Reported Earlier
The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.
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Americans Growing Worried About Losing Their Jobs, Labor Survey Shows
The New York Fed’s labor market survey showed cracks just as Jerome H. Powell, the Fed chair, prepares for a closely watched Friday speech.
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Why TSMC Has Struggled to Manufacture Chips in Arizona
The tech giant modeled its facility in Phoenix on one at home. But bringing the company’s highly complex manufacturing process to America has been a bigger challenge than it expected.
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Stock Markets Signal Recession Fears. Here’s the Economic Outlook.
The economy has repeatedly defied predictions of a downturn since the pandemic recovery began. Now signs of strength contend with shakier readings.