US announced job cuts surge 245% in February on federal government layoffs
Layoffs announced by U.S.-employers jumped to levels not seen since the last two recessions amid mass federal government job cuts, canceled contracts and fears of trade wars, offering the clearest sign yet of the toll taken on the labor market by the policies of President Donald Trump's administration.
By Nathan Layne and Aleksandra Michalska PARKERSBURG, West Virginia (Reuters) -Jennifer Piggott proudly hung a red-and-blue ...
Also potentially affecting today’s numbers are the efforts by the Trump administration to freeze funding of various kinds and ...
Unemployment remained low as the U.S. continued to add jobs in February, while the effects of DOGE layoffs started to emerge.
All eyes are on the February jobs report, which comes just after the start of massive federal job cuts under the Trump ...
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by ...
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ...
Collectively, the 221,812 layoffs announced so far this year are the highest since 2009, according to a key report published ...
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Federal agencies cut jobs in February. The jobs report likely won't show the extent of this until the jobs report that will ...
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