Latest in Cuts Jobs Ramps
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Treasury yields jump after US jobs report smashes expectations
Bank of America says ‘gangbusters’ figures will dash hopes for further Federal Reserve rate cutsFinancial Times - Jan. 10 -
Surprising December jobs growth is denting chances of a first-half Fed rate cut
Friday’s unexpectedly big increase in December nonfarm payrolls led to a diminished market-based likelihood for any rate cut by the Federal Reserve until September, based on one method of ...MarketWatch - Jan. 10 -
U.S. Employers Add 256,000 Jobs in December
A December gain of 256,000 blew past forecasts, and unemployment fell to 4.2 percent. But markets recoiled as interest rate cuts seemed more distant.The New York Times - Jan. 10 -
Here’s where the jobs are for December 2024 – in one chart
December's job report marked another month of stronger-than-expected growth, with gains coming in many different areas of the U.S. economy.CNBC - Jan. 10 -
Meta cutting DEI team, programs in broad shift
Meta told employees Friday it will cut its diversity, equity and inclusion (DEI) team and roll back several related programs, marking another major shift in policy for the leading social media ...The Hill - Jan. 10 -
December jobs report exceeds expectations
The labor market came in much hotter than expected in the final jobs report of President Biden's administration. CBS News MoneyWatch correspondent Kelly O'Grady has more.CBS News - Jan. 10 -
Strong December job growth could augur fewer Fed interest-rate cuts
Employers across the U.S. added a robust 256,000 jobs in December, a sign the labor market remains in good shape.CBS News - Jan. 10 -
Live Updates: U.S. Job Growth Ends the Year Strong
Employers finished the year with a burst of hiring, adding 256,000 jobs in December. The unemployment rate ticked down to 4.1 percent.The New York Times - Jan. 10 -
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair, an early e-commerce disruptor, wants to focus more on physical retail and has decided to exit the German market and cut 730 jobs as a result.CNBC - Jan. 10 -
U.S. economy adds 256,000 jobs in December, unemployment rate at 4.1%
The final jobs report of the Biden administration has been released. It shows that the U.S. economy added 256,000 jobs in December and that the unemployment rate came in at 4.1%. NBC News’ ...NBC News - Jan. 10 -
The Fed Is in No Rush to Cut Rates
Fed officials have signaled that it will take more than one weak report to convince them that the labor market is deteriorating.The New York Times - Jan. 10 -
US adds whopping 256K jobs in December
The U.S. added 256,000 jobs and the unemployment rate ticked down to 4.1 percent in December, according to data released Friday by the Labor Department. The December jobs report showed the U.S. ...The Hill - Jan. 10 -
U.S. adds 256,000 jobs, as Biden leaves Trump with sturdy labor market
President Joe Biden will end his term with a relatively healthy labor market as the U.S. added 256,000 jobs in December and the unemployment rate ticked down to 4.1%.NBC News - Jan. 10 -
December jobs report expected to show hiring slowdown
The December jobs report is set to be released later Friday morning and it's expected to show slowing growth. According to a survey of forecasters by the data firm FactSet, U.S. employers are ...CBS News - Jan. 10 -
Tech Employers: Please Get Smarter With Your Job Titles
Vague job descriptions and titles are making hiring even harder.Inc. - Jan. 10 -
New Orleans ramps up security ahead of Super Bowl, Mardi Gras
One week after the deadly attack on Bourbon Street in the early morning hours of New Year's Day, New Orleans has brought in a security expert to help guide the city's plans in the near future. As ...CBS News - Jan. 9 -
The Memo: Trump-Newsom feud ramps up as Los Angeles fires rage on
The feud between President-elect Trump and California Gov. Gavin Newsom (D) is hitting new peaks of intensity as wildfires rage on in Los Angeles. Trump has called on Newsom to resign, while the ...The Hill - Jan. 9 -
Why General Manager Is the Hottest Job Title in College Sports
With players being paid and routinely changing schools, universities increasingly need someone besides a coach to put together a team.The New York Times - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday.NBC News - Jan. 9 -
49ers interview Saleh, Townsend for defensive coordinator job
The San Francisco 49ers completed interviews with two external candidates for the open defensive coordinator job.Yahoo Sports - Jan. 9 -
Cutting out alcohol for "Dry January"
Many Americans are starting off this new year by focusing on sobriety and giving up alcohol for Dry January. CBS News' Bradley Blackburn has more.CBS News - Jan. 9 -
4 in 10 companies planning job cuts due to AI: Survey
Companies across the globe, at least four in 10, are likely to cut jobs as artificial intelligence (AI) continues to advance, new research shows. A survey in the World Economic Forum's (WEF) latest ...The Hill - Jan. 9 -
Could Josh McDaniels take Patriots' OC job if Vrabel is named coach?
Might the Patriots bring on a pair of familiar faces at head coach and offensive coordinator? Here's the latest buzz around Josh McDaniels.Yahoo Sports - Jan. 9 -
Microsoft confirms performance-based job cuts across departments
Microsoft said it's cutting a small percentage of jobs across departments, based on performance.CNBC - Jan. 9 -
Ramping up criticism of Israel, Pope Francis calls situation in Gaza ‘shameful’
Pope Francis on Thursday stepped up his recent criticism of Israel’s military campaign in Gaza, calling the humanitarian situation in the Palestinian enclave “very serious and shameful”.NBC News - Jan. 9 -
'I changed jobs, work nights, and we still can't afford a home'
Struggling families say they can only dream of having their own home, as the BBC tracks government housebuilding targets.BBC News - Jan. 9 -
Report: Chris Spielman will interview for Jets G.M. job
The unsung hero of the resurgence of the Detroit Lions is finally getting his due.Yahoo Sports - Jan. 9 -
Rate-Cut Decision Was Narrow, Fed Minutes Show
Stubborn inflation, and potential tariffs, make future rate cuts uncertain.The New York Times - Jan. 8 -
Lloyds Banking Group’s branch shake-up fuels concern over closures and job cuts
Company’s customers across Halifax, Bank of Scotland and flagship brand to be allowed to use others’ premisesFinancial Times - Jan. 8 -
Elon Musk's DOGE says it's hiring. Here are the jobs it wants to fill.
Elon Musk and Vivek Ramaswamy's Department of Government Efficiency says it's now hiring. Here's how to apply.CBS News - Jan. 8 -
Job Openings Rise Unexpectedly to 8.1 Million in Resilient Labor Market
Ahead of hiring numbers due out Friday, the Labor Department said the November jump in job openings, up from 7.8 million the month before, shows companies still need workers.Inc. - Jan. 8 -
Deschamps to leave France job after 2026 WC
Didier Deschamps will leave his role as France head coach at the end of his current contract culminating in the 2026 World Cup cycle.ESPN - Jan. 8 -
Trump ramps up threats to gain control of Greenland and Panama Canal
The president-elect said he would not rule out the use of military force to seize control of the Panama Canal and Greenland.BBC News - Jan. 8 -
The fight over robots threatening American jobs
As automation becomes a reality everywhere from retail warehouses to restaurant kitchens, the use of robots is increasingly controversialFinancial Times - Jan. 8 -
Washington Post cutting 4 percent of workforce
The Washington Post plans to cut nearly 4 percent of its total workforce in the coming days, the company said Tuesday. A Post spokesperson said the cuts are part of plans to make larger changes ...The Hill - Jan. 7 -
Want to land a remote job in 2025? These 20 companies are hiring—some jobs pay over $100,000
FlexJobs saw a 20% increase in the number of remote job listings in 2024 over 2023 — up 9% from the year prior.CNBC - Jan. 7 -
Was this the game that saved Ferguson's job at Man Utd?
Players and journalists look back at the 1990 FA Cup third-round tie between Manchester United and Nottingham Forest.BBC News - Jan. 7 -
Donald Trump Jr. to visit Greenland as president-elect ramps up calls for acquiring the territory
Donald Trump confirmed that his eldest son will visit Greenland amid increased calls by the president-elect that the U.S. should control the autonomous territory owned by Denmark.NBC News - Jan. 7
