The U.S. economy saw an unexpected declined in jobs during July while the unemployment rate edged lower, the Bureau of Labor Statistics reported Friday in a snapshot that showed a slowing employment picture. Nonfarm payrolls fell by a seasonally adjusted 23,000 for the month, compared with a downwardly revised 20,000 for June. The Dow Jones…
Job seekers speak with employer representatives and browse information tables as they attend an Inspire Together job and resource fair in Los Angeles, California on July 29, 2026. Patrick T. Fallon | Afp | Getty Images Nonfarm payrolls in the U.S. unexpectedly declined in July, but so did the unemployment rate, leaving investors with mixed…
The Etsy Inc. headquarters in the Brooklyn borough of New York, US, on Tuesday, June 25, 2024. Victor J. Blue | Bloomberg | Getty Images Etsy said Wednesday it’s laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks to simplify its organizational structure and innovate faster in an…
President Donald Trump‘s mass deportation campaign has caused the costs of groceries, homes and healthcare to rise and local economies to contract, a new report from the pro-immigration advocacy group America’s Voice. The group deems those added costs the “ICE Tax” — a reference to U.S. Immigration and Customs Enforcement — and on Wednesday released…
New Jersey Attorney General Jennifer Davenport announced on Tuesday that she’s suing Amazon on antitrust grounds, alleging the online retailer abuses its power over third-party delivery contractors to suppress competition and harm workers. Amazon prevents delivery workers from unionizing, restricts contractors in its delivery network from hiring each other’s drivers, and limits competition for their…
After six months of scouring job listings and sending off resumes, Dan Coda’s job search came to an end. He didn’t find the technical program or project management job he wanted; he just stopped looking altogether. Starting around December 2025, when he was laid off from his previous role, Coda says he spent more than…
NEW DELHI, INDIA – JULY 20: Security personnel carry out Lathi charge during CJP protest March to near the Parliament House on July 20, 2026 in New Delhi, India. (Photo by Raj K Raj/Hindustan Times via Getty Images) Hindustan Times | Hindustan Times | Getty Images India’s youth unemployment crisis has become one of the…
In pushing back against mass autonomous vehicle deployment efforts, labor unions have found an unlikely ally — Uber. A controversial bill currently being considered by the Washington, D.C. Council is a prime example of where this emerging political alliance is being tested. The D.C. bill, known as the “Autonomous Vehicle Deployment Authorization Amendment Act,” would…
U.S. Treasury yields continued their upward climb on Thursday as investors weighed the Federal Reserve’s decision to hold interest rates steady and sought insight on future monetary policy decisions. At 3:20 a.m. ET, the 30-year Treasury bond had risen more than 9 basis points to 5.236% after hitting its highest level since July 2007 on…
Maskot | Digitalvision | Getty Images Since the debut of OpenAI’s ChatGPT in 2022, and the subsequent AI revolution, workers across industries have been hit by sweeping layoffs. A new report published by IBM last week, however, shows that AI is also reshaping boardrooms and how CEOs make decisions. The report says 76% of the…
