US Added a Strong 227,000 Jobs in November
WASHINGTON — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month.
Truck Maker Nikola Trims 135 Staff in Cost-Cutting Move
Truck maker Nikola recently reduced staffing levels as it seeks to control costs.
Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026
Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.
Storms and Strikes Hold New Jobs to Just 12,000 in October
WASHINGTON — America’s employers added just 12,000 jobs in October, a total economists say was held down by the effects of strikes and hurricanes that left many temporarily off payrolls.
Economy Grows at Solid 2.8% Pace on Strong Consumer Spending
WASHINGTON — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.
US Adds a Robust 254,000 Jobs in September
WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the U.S. labor market is still solid enough to support a growing economy.
US Payroll Data Likely to See Largest Revision Since 2009
U.S. job growth was probably far less robust in the year through March than previously reported, according to government data out Aug. 21.
US Labor Cooldown May Have Started Earlier Than Thought
U.S. job growth in 2024 through March was likely less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling behind on interest rate cuts.
Transportation Jobs Up in July ADP Data; Overall Hiring Slows
US companies added the fewest number of workers since the start of the year and wage growth slowed, consistent with signs of a softer labor demand. But the transportation sector showed resilience.
Stellantis Offers US Employees Buyouts in New Round of Cuts
Stellantis NV will offer voluntary buyouts to U.S. employees as the carmaker looks to cut costs amid slumping profits.