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Jobs

US employers added just 143,000 jobs last month, jobless rate slips to 4%

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WASHINGTON -- U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025.The first job report of...
Jobs

Workday lays off 1,750 employees, or about 8.5% of its workforce

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NEW YORK -- Workday is cutting about 1,750 jobs, or 8.5% of its workforce.In a Wednesday memo to employees, published in a securities filing,...
Jobs

USAID workers scramble for answers after Trump pulls almost all of them off the job worldwide

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WASHINGTON -- U.S. aid staffers around the world are scrambling Wednesday for answers and starting to pack up households or pull their children from...
Jobs

Trump’s administration is pulling almost all USAID workers off the job worldwide

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Jobs

Estee Lauder to cut up to 7,000 jobs as sales slide

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NEW YORK -- Estee Lauder may trim as many as 7,000 jobs by fiscal 2026, more than 11% of its workforce, after the global...
Jobs

US job openings fell to 7.6M in Dec., suggesting job market is slowing but healthy

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U.S. job openings fell in December, a sign that the labor market is cooling but still healthy.Openings fell to 7.6 million, from 8.2 million...
Jobs

Trump offering federal workers buyouts with about 8 months’ pay in effort to shrink government

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WASHINGTON -- The Trump administration announced Tuesday that it is offering buyouts to all federal employees who opt to leave their jobs by next...
Jobs

A wave of Trump-demanded departures hits the State Department

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WASHINGTON -- A large number of senior career diplomats who served in politically appointed leadership positions and also lower-level posts at the State Department...
Jobs

Text messaging scammers stole $2M in cryptocurrency from victims, NY attorney general’s office says

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NEW YORK -- Scammers stole millions of dollars in cryptocurrency from people seeking remote work opportunities as part of an elaborate scheme, according to...
Jobs

Surging job market could prove costly for households, businesses as odds of quick rate cuts fade

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Jobs

Stock market today: Asian shares slip after Wall St slumps despite strong US economic data

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HONG KONG -- Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs market...
Jobs

Why is tech giant SoftBank investing over $100 billion in the US?

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BANGKOK -- Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion...
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