Biggest News Aggregation in the World
📰 Eric Artz News

Page 2 - Eric Artz News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Eric Artz. Real-time updates on events, politics, business and more.

The jobs market is hot, but layoffs keep coming in a shifting economic environment

The U.S. economy is humming and there are hundreds of thousands of jobs being added every month. In a stunning burst of hiring to start the year, the nation added 353,000 jobs in January, shrugging off the highest interest rates in two decades that have been put in place by the U.S. Federal Reserve in part to cool off hiring and spending. The unemployment rate is hovering at 3.7%, just above a half-century low. At the same time, layoffs continue to arrive across almost every sector in 2024 as co...
United States City Of United Kingdom San Leandro Los Angeles Simi Valley
Source: whec.com

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

The jobs market is hot, but layoffs keep coming in a shifting economic environment

Job cuts in tech and retail follow a massive ramp-up in hiring during the COVID-19 pandemic — when people spent more time and money online. The high profile job cuts seem to arrive steadily, but the companies that went on major hiring sprees, mostly big tech, are still much bigger than they were a few years ago, before they began bulking up their workforces. On Thursday, Electronic Arts announced nearly 700 job cuts.
United States San Francisco Redwood City San Leandro Simi Valley Los Angeles
Source: yahoo.com

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science