January jobs breakdown: Which industries hired the most workers last month?
UBS Financial Advisor Brenda O’Connor Juanas and Sitt Investment Associates Senior Vice President Bryce Doty preview the fourth quarter earnings report, discuss the Walmart stock grant and discuss the economic outlook. U.S. job growth in January exceeded expectations, driven by sharp hiring gains in many sectors of the economy. employer Added 353,000 jobs The U.S. […]
U.S. Economy Created 353,000 Jobs In January
U.S. employers will put 353,000 workers on the payroll, the Labor Department announced Friday. The unemployment rate remained unchanged at 3.7% last month. The figures for the previous two months have been revised upward. The November figure was revised upward by 9,000 to 182,000. The December figure was revised upward by a whopping 117,000 to […]
S&P 500 futures gain after Meta, Amazon results as jobs report looms: Live updates – CNBC
Traders work on the floor of the New York Stock Exchange on February 1, 2024. Brendan McDiarmid | Reuters S&P 500 futures rose on Friday morning as three big tech giants reported earnings and investors focused on January’s jobs report. Futures tracking broader market indexes rose about 0.5%, while Nasdaq 100 futures rose 1%. Meanwhile, […]
January jobs report expected to show that hiring slowed last month
Mornings with Maria panelists react to December’s better-than-expected jobs report and detail the expected impact on the labor market and the U.S. economy. All eyes will be on the January jobs report, released Friday morning, as investors look for clues about the health of the labor market in the face of rising interest rates and […]
Okta says it will slash 400 jobs
The ‘Making Money’ host reacts to the cautious market ahead of the release of the December jobs report. Okta will cut 7% of its workforce as part of its restructuring. The layoffs announced Thursday will result in approximately 400 Okta employees losing their jobs, according to a filing with the Securities and Exchange Commission. In […]
Deutsche Bank to cut 3,500 jobs as quarterly profit plunges 30% on hit to US real estate
Deutsche Bank said Thursday it plans to cut 3,500 jobs after reporting a 30% drop in fourth-quarter profit that included significant losses on its U.S. real estate holdings. The job cuts come after Germany’s leading bank hired 300 front office staff in the three months to December 31, but the company’s CEO Christian Sewing said […]
UPS Cutting 12K Jobs, Citing Higher Costs
United Parcel Service (UPS) employees walk a “picket line practice” ahead of a possible UPS strike in Queens, New York, July 7, 2023. The Teamsters union, which represents more than 300,000 UPS drivers and warehouse workers, announced on July 5 that UPS workers have until the end of July to strike after labor negotiations with […]
2,681 ‘Journalists’ Lost Their Jobs in Joe Biden’s Economy
“Estimated 2,681 people Jobs in the news industry were lost until the end of November. ” report The far-left Associated Press. that's you get off to a good startsays far-right John Nolte. There is no doubt that more than 90 percent of the people who lost their jobs voted for Joe Biden, who cheated. So […]
Levi Strauss slashing corporate jobs, looking to go upscale under new CEO Michelle Gass
Levi Strauss Co. on Thursday said it expects annual sales and profits to fall short of Wall Street expectations and will cut 10 to 15 percent of its global workforce as the denim maker seeks to control costs amid a weak wholesale business. Levi attributed the weak outlook to the company's withdrawal from the Denizen […]
CNN commentator throws cold water on employment numbers for Black Americans: They’re ‘crappy jobs’
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