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.
Jennifer Piggott proudly hung a red-and-blue Trump campaign flag outside her one-story home during the November election race ...
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 ...
Policy uncertainty and blistering job cuts in Washington threaten to shake the U.S. economy off its moorings, traders and ...
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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