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The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Layoffs and Job Reductions Prices (Fares, Fees and Rates) Recession and Depression United States Economy

The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?

Economists have become increasingly optimistic about the odds of a soft landing. But as 2024 begins to unfold, risks remain.
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Posted by By Ben Casselman
Britain’s Largest Steel Mill to Become Greener, at a Cost of Jobs
Posted inGreat Britain Greenhouse Gas Emissions Labor and Jobs Layoffs and Job Reductions Port Talbot Steelworks Steel and Iron Tata Steel Wales

Britain’s Largest Steel Mill to Become Greener, at a Cost of Jobs

Tata Steel said it would replace blast furnaces with an electric furnace, a move that will cut emissions but also as many as 2,800 jobs.
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Posted by By Stanley Reed
Macy’s Plans to Cut 2,350 Jobs and Close 5 Stores
Posted inBloomingdale's Gennette, Jeffrey Labor and Jobs Layoffs and Job Reductions Macy's Inc Shopping and Retail Spring, Tony Stocks and Bonds

Macy’s Plans to Cut 2,350 Jobs and Close 5 Stores

The layoffs, focused on corporate positions, will reduce the retailer’s work force by 3.5 percent as a new chief executive prepares to take the reins.
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Posted by By Jordyn Holman
China’s Youth Unemployment Rate Is Back, and Better
Posted inBeijing (China) China China Economy Labor and Jobs National Bureau of Statistics (China) Part-Time Employment Unemployment

China’s Youth Unemployment Rate Is Back, and Better

The government stopped releasing the jobless rate for young workers when it was soaring. It says its “optimized” new method is more accurate.
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Posted by By Claire Fu

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