All articles tagged with #job losses
Originally Published 6 days ago — by BBC
High street retailers Claire's and The Original Factory Shop are entering administration due to tough trading conditions, low Christmas sales, and challenging economic factors, risking 2,500 jobs and highlighting the struggles faced by brick-and-mortar stores in the current retail environment.
Originally Published 12 days ago — by Financial Times
US non-profit organizations are reducing jobs due to a decline in government and donor funding, highlighting financial challenges in the sector.
Originally Published 19 days ago — by Nebraska Public Media
The closure of Tyson Foods' beef processing plant in Lexington, Nebraska, is estimated to cause nearly $3.3 billion in annual economic losses, including significant job cuts, reduced income, and decreased tax revenues, primarily impacting Dawson County and surrounding areas amid ongoing challenges in the cattle industry.
Originally Published 26 days ago — by Al Jazeera
US unemployment rose to 4.6% in November, the highest since 2021, amid a cooling labour market with job losses in government and manufacturing sectors, but gains in healthcare and construction, reflecting ongoing economic uncertainty and policy impacts.
Originally Published 1 month ago — by NBC News
In November, private U.S. employers lost 32,000 jobs, with small businesses experiencing the largest decline of 120,000 jobs, reflecting a broad economic slowdown and challenges from recent policies, according to ADP. The report highlights ongoing employment instability amid economic pressures and delays in official government data due to the shutdown.
Originally Published 1 month ago — by Reuters
US private payrolls declined by 32,000 in November mainly due to small business layoffs, but this may not reflect the overall labor market health, as government data shows low layoffs and the ADP report's reliability is questionable. Import prices remained unchanged in September, with tariffs and currency fluctuations influencing costs. The upcoming official employment report is delayed, and Federal Reserve rate decisions may be influenced by these mixed signals.
Originally Published 1 month ago — by CNBC
In November, U.S. private payrolls unexpectedly declined by 32,000, primarily due to significant job cuts in small businesses, signaling a slowdown in the labor market. Larger firms added jobs, but the overall decrease was the largest since March 2023, raising concerns ahead of the Federal Reserve's upcoming rate decision.
Originally Published 2 months ago — by Cardinal News
Virginia's economy is slowing significantly, with GDP growth dropping from 6.2% to 1.7%, job losses in major metro areas, and a decline in trade and manufacturing sectors, largely attributed to federal policy impacts under Trump. The next governor will need to address these economic challenges as the state's growth ranks among the lowest in the U.S.
Originally Published 3 months ago — by CNBC
Private payrolls declined by 32,000 in September, marking the largest drop in 2½ years, amid a government shutdown that delays key labor data releases, signaling a potential slowdown in the U.S. labor market despite overall economic growth.
Originally Published 3 months ago — by PR Newswire
The September ADP National Employment Report shows the private sector in the U.S. lost 32,000 jobs, with pay increases remaining steady at 4.5% year-over-year, indicating cautious hiring despite economic growth.
Originally Published 3 months ago — by BBC
Claire's UK stores have been partially saved through a sale to Modella Capital, which will keep about 156 stores and 1,000 jobs, but 145 stores and around 1,000 jobs remain at risk as the company continues to assess its options amid ongoing financial difficulties.
Originally Published 3 months ago — by Reuters
Canada Post workers have initiated a nationwide strike in response to the Canadian government's call for major reforms to address financial and operational challenges, leading to service delays and concerns over job losses and delivery standards.
Originally Published 4 months ago — by NPR
Following the assassination of Charlie Kirk, over thirty individuals across the U.S. have faced job losses, investigations, or calls for resignation due to social media posts criticizing or celebrating his death, sparking debates on free speech and political violence.
Originally Published 5 months ago — by CBS News
The Biden-era EPA policies aimed at reducing greenhouse gas emissions and promoting electric vehicles are projected to lower future gasoline prices and create jobs, but the Trump administration's proposed rollback could lead to higher gas prices and significant job losses, according to the agency's own analysis.
Originally Published 6 months ago — by GamesIndustry.biz
Romero Games has denied reports of its closure, stating that while funding for their upcoming game was pulled and staff reassessment is ongoing, the studio remains operational and is exploring new publishing opportunities amid industry layoffs.