After a bad employment report in August, President Trump fired the official in charge of the numbers. This month’s data was just as disappointing.
Category: Layoffs and Job Reductions
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Labor Market Stalled This Summer, With August Data Adding to Slowdown
Employers added 22,000 jobs in August. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020.
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Labor Market Stalled This Summer, With August Data Adding to Slowdown
Employers added 22,000 jobs in August. Revised data also showed that employment fell by 13,000 jobs in June, the first net loss since December 2020.
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PBS to Cut 15% of Its Staff
Congress voted this year to strip $500 million in annual funding from public broadcasters, including PBS stations.
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John Deere, a U.S. Icon, Is Undermined by Tariffs and Struggling Farmers
The tractor maker said that sales were down and that higher metal tariffs would cost it $600 million, while American farmers face dwindling overseas demand for some crops.
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The Biggest U.S. Oil Companies Are Eliminating Thousands of Jobs
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent.
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Workers Who Lost Jobs to Trade Needed Help. Washington Cut the Funding.
Trade Adjustment Assistance was supposed to help people whose jobs were threatened by overseas competition, but Congress eroded its support starting in the 1980s.
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The Real Reason Americans Worry About Trade
Behind the pushback to global trade is a deep economic anxiety that a meager social safety net has caused in the United States.
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Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.
Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain.
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Have You Been Unemployed for Six Months or More? We’d Like to Hear From You.
The long-term jobless rate recently hit its highest point in more than three years. Please tell us how this has affected you.
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Computer Science Grads Struggle to Find Jobs in the A.I. Age
As companies like Amazon and Microsoft lay off workers and embrace A.I. coding tools, computer science graduates say they’re struggling to land tech jobs.
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Swiss Businesses Fear Being ‘Annihilated’ by One of the World’s Highest Tariffs
Goods shipped from the country face a 39% tariff in the U.S., which companies warn will have dire consequences if President Trump cannot be quickly dissuaded.