Dec 02 Watch 6:12 Tech industry hit with massive layoffs as other employers add jobs By Paul Solman, Ryan Connelly Holmes The latest jobs report is further confirmation of a labor market that may be slowing down but has proven more resilient than many have expected. Many sectors are continuing to add jobs, but that's not true in the tech sector,… Continue watching
Nov 13 Outsourced content moderators lose Twitter jobs in Musk’s latest round of cuts By Barbara Ortutay, Matt O'Brien, Associated Press Twitter’s new owner Elon Musk is further gutting the teams that battle misinformation on the social media platform as outsourced moderators learned over the weekend they were out of a job. Continue reading
Nov 04 Widespread Twitter layoffs begin a week after Musk takeover By Barbara Ortutay, Matt O'Brien, Associated Press Twitter's roughly 7,500 employees have been expecting layoffs since Musk took helm of the company. Already, Musk has fired top executives, including CEO Parag Agrawal. Continue reading
Jul 07 U.S. jobless claims rise to 235,000, most in nearly six months By Matt Ott, Associated Press More Americans applied for unemployment benefits last week, and while layoffs remain low, it's the fifth straight week claims have topped the 230,000 mark. Continue reading
Mar 18 U.S. jobless claims rise to 770,000 with layoffs still high By Paul Wiseman, Associated Press The number of Americans seeking unemployment benefits rose last week to 770,000, a sign that layoffs remain high even as much of the U.S. economy is steadily recovering from the coronavirus recession. Continue reading
Mar 11 U.S. jobless claims fall to 712,000 as pace of layoffs eases By Paul Wiseman, Associated Press The number of Americans seeking unemployment benefits fell last week to 712,000, the lowest total since early November, evidence that fewer employers are cutting jobs amid a decline in confirmed coronavirus cases and signs of an improving economy. Continue reading
Feb 25 U.S. jobless claims still high at 730,000 but fewest in 3 months By Christopher Rugaber, Associated Press The number of Americans seeking unemployment benefits fell sharply last week in a sign that layoffs may have eased, though applications for aid remain at a historically high level. Continue reading
Feb 11 U.S. jobless claims fall slightly to 793,000 with layoffs high By Christopher Rugaber, Associated Press The number of Americans seeking unemployment benefits fell slightly last week to 793,000, evidence that job cuts remain high despite a substantial decline in new viral infections. Continue reading
Oct 01 Watch 8:13 How some older Americans are monetizing their #VanLife By Paul Solman With large parts of the economy still sputtering under the weight of the coronavirus pandemic, many people are having to scale back. But some older Americans were already living a minimalist lifestyle on the road -- and some of them… Continue watching
Sep 29 Disney to lay off 28,000 at its parks in California, Florida By Mike Schneider, Associated Press Disney's parks closed last spring as the pandemic started spreading in the U.S. The Florida parks reopened this summer, but the California parks have yet to reopen as the company awaits guidance from the state of California. Continue reading