US job market: Layoffs spiked in October; report says highest for the month in 22 years
October saw the highest job cuts in 22 years, with over 153,000 positions eliminated as employers increasingly adopt AI and face economic pressures. This surge, ...
US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million
US jobless claims fell to 233,000 last week, signaling a robust labor market despite economic uncertainties. The Labor Department’s data showed a decrease of 4,000 ...
