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US unemployment claims fall 7,000 to 227,000 in sign of resiliency in job market

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WASHINGTON -- The number of Americans applying for unemployment benefits fell last week, another sign that the job market remains resilient in the face...
Jobs

Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity

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Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its...
Jobs

Asian stocks track Wall Street gains after encouraging US jobs data calm jitters over the economy

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Asian stocks were higher Friday after U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries...
Jobs

Wall Street has best day since 2022 after encouraging update on US job market

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NEW YORK -- U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the...
Jobs

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

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Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around...
Jobs

U.S. employers likely added 175,000 jobs in July as labor market cools gradually

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WASHINGTON -- The U.S. job market isn’t sizzling hot anymore. Companies aren’t hiring the way they were a year or two ago. But they...
Jobs

US hiring fell sharply in July, an unexpected setback for the economy stoking recession fears

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WASHINGTON -- The U.S. economy suffered an unexpected setback in July as hiring fell sharply and the unemployment rate rose for the fourth straight...
Jobs

The number of Americans filing for jobless claims hits highest level in a year

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The number of Americans filing for unemployment benefits jumped to its highest level in a year last week, even as the labor market remains...
Jobs

Massachusetts businesses with at least 24 employees must disclose salary range for new jobs

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BOSTON -- Massachusetts businesses with more than 25 employees must disclose salary ranges when posting jobs, under a new bill signed into law Wednesday...
Jobs

U.S. job openings fall slightly to 8.2 million as high interest rates slowly cool a hot labor market

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WASHINGTON -- U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high...
World

Microsoft’s ‘World of Warcraft’ development workers are unionizing

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NEW YORK -- More than 500 workers behind the popular video game franchisee “World of Warcraft” are unionizing.The game's development team employees — which...
Jobs

Is the US job market beginning to weaken? Friday’s employment report may provide hints

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WASHINGTON -- Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's inflation...
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