DOGE onslaught pushed layoff announcements to highest point since 2020
An unofficial but closely watched gauge of the labor market found February had the most layoff announcements since early in the pandemic, led by massive federal workforce cuts.
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Layoff announcements soar to the highest since 2020 as DOGE slashes federal staff
U.S. employers announced 172,017 layoffs for the month, up 245% from January and the highest monthly count since July 2020CNBC - 4h -
Layoffs soar to highest level since 2020, led by Musk's DOGE cuts
Job cuts spiked in February, marking their highest point since July 2020, due to firings of government workers directed by DOGE.CBS News - 3h -
DOGE job cuts push U.S. layoffs to postpandemic high. Is the labor market crumbling?
The number of publicly announced layoffs in the U.S. jumped in February to the highest level since the pandemic 4 1/2 years ago — but not because the jobs market is suddenly in a free fall. It isn’t.MarketWatch - 6m -
UK construction activity falls at fastest pace since 2020
PMI index declines to five-year low as housebuilding plummetsFinancial Times - 6h -
UK asylum claims hit highest level since 1979
More than 108,000 people claimed asylum in the UK in 2024, according to new statistics.BBC News - Feb. 27 -
Copper waiting to leave warehouses hits highest level since 2021
Traders prepare to deliver metal to US before imposition of tariffs as Trump’s plans distort mineral marketsFinancial Times - 5d -
UK construction in biggest downturn since 2020; recruiters warn of tough business conditions – business live
Dollar slides after US president exempts carmakers from 25% tariffs on Canada and Mexico; euro and sterling reverse earlier gains. The eurozone saw the biggest slump in construction in three months ...The Guardian - 6h -
Georgia Republican faces crowd angered by DOGE layoffs
Rep. Rich McCormick faced a crowd at a town hall in Roswell, Georgia, that expressed anger about the layoffs and cuts implemented by Elon Musk's DOGE team.NBC News - Feb. 21 -
Trump and DOGE Escalate Layoffs of Federal Workers
Federal officials circulated a memo asking agency leaders to plan even more job reductions after thousands of federal workers were fired in recent weeks.The New York Times - Feb. 27
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DOGE plans to cut VA contracts may harm veterans' care, employees say
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