Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Layoffs rising as the U.S. economy slows

Por: CBS News Business October 06, 2022

thumbnail

More U.S. companies are cutting jobs and freezing hiring as the economy cools, a sign that efforts by the Federal Reserve to tamp down inflation are . Layoff announcements spiked in September, according to outplacement firm Challenger, Gray & Christmas. Job cuts last month rose to nearly 30,000, an increase of 46% from August, while the number of companies announcing hiring plans last month fell to the lowest level in more than a decade, the... + full article



Similar News

If the jobs market is so good, why so much talk of layoffs and rising unemployment?

MarketWatch USA Politics October 07, 2022

thumbnailWhy is demand for labor so strong? The economy recovered a lot faster from the pandemic than expected, fueled by trillions of dollars in government stimulus payments to households and businesses. Americans bought a lot of goods early in the recovery such as new cars, appliances,... + más

New Jobs Data Friday- How Is Employment Tied To A Recession (Does This Officially Tip Us In)? | Forbes

State adds 9,000 jobs in August, more than half are in Baton Rouge | The Advocate


Jobless claims jump to five-week high of 219,000. Sign of rising U.S. layoffs?

MarketWatch USA Politics October 06, 2022

thumbnailThe number of people applying for jobless benefits is one of the best barometers of whether the economy is getting better or worse. One caveat: Raw or actual unemployment filings are still near a historic low. The government’s process for seasonal adjustments Big picture: The... + más

Remember the summer spike in layoffs that pointed to a U.S. recession? It didn't happen. | MarketWatch

Jobless Claims Rise to 219,000, More Than Expected | MarketWatch


Get ready for 'stealth layoffs' at Big Law firms as the economy slows

Business Insider USA Business September 30, 2022

thumbnailWhen it came time for her January performance review, O., a senior associate at a white-shoe law firm in New York, had some idea of what would happen. She'd done good work, but she was billing around 1,600 hours a year, far less than the busiest lawyers do.  O. had... + más

Remember the summer spike in layoffs that pointed to a U.S. recession? It didn't happen. | MarketWatch

Goldman Sachs begins layoffs, targeting mid-level bankers: report | New York Post


How do we know when a recession has begun?

WGN-TV USA Nation September 30, 2022

thumbnailPosted: Sep 29, 2022 / 01:39 PM CDT Updated: Sep 29, 2022 / 01:39 PM CDT SHARE WASHINGTON (AP) — The economy , the government confirmed in a report Thursday, underscoring fears of a broad-based slowdown that could lead to a recession. At the same time, the number of people... + más

How Long Do Recessions Last? When Are They Over? | Forbes

How do we know when a recession has begun? | The Boston Globe


Goldman Sachs begins layoffs, targeting mid-level bankers: report

New York Post USA Business September 26, 2022

thumbnailGoldman Sachs has begun laying off workers across the US — and the Wall Street giant is focused on amid a downturn in dealmaking as the economy slows, according to a report. Last week, Goldman laid off nearly a dozen bankers in the prestigious technology, media and... + más

Goldman Sachs' bankers get their marching orders as Wall Street starts to purge under-performers | Business Insider

Inside Goldman Sachs' 'tough week' as pink slips were handed out from New York to San Francisco | Business Insider



Remember the summer spike in layoffs that pointed to a U.S. recession? It didn't happen.

MarketWatch USA Politics September 24, 2022

thumbnailThe increase in new claims was accompanied by a rising number of reported layoffs by companies such as Ford and Peloton . Technology giants such as Facebook and Google also signaled plans to reduce or even freeze hiring. To top it off, the Federal Reserve had just raised a key... + más

How Long Do Recessions Last? When Are They Over? | Forbes

Market order vs. limit order: What's the difference? | Business Insider



About iurex | Privacy Policy | Disclaimer |