marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
job losses
12/13/2024
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By Ava Grace
Report: U.S. manufacturing sector slashed 26,000 jobs in November as industry woes persist
The U.S. manufacturing industry shed 26,000 jobs in November, following a loss of 19,000 jobs in October Private employers added 146,000 jobs in November, falling short of analysts’ expectations of 150,000, with goods-producing industries showing only a 6,000-job gain. Manufacturing was the weakest sector, and another report highlighted that the industry has been contracting for […]
08/26/2024
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By Laura Harris
NY Fed poll: 28.4% of Americans are searching for new jobs – the HIGHEST RATE in a decade
A recent New York Federal Reserve poll of consumers has revealed that 28.4 percent of Americans, whether unemployed or currently employed, are seeking new job opportunities. The findings, part of the New York Fed’s triannual Survey of Consumer Expectations Labor Market Survey, mark the highest level since March 2014, when just under 32 percent of workers indicated […]
03/22/2024
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By Richard Brown
JOBS CRISIS: Almost 107 million Americans are not in the labor force
The economy’s current state has left many perplexed as widespread mass layoffs by large employers are occurring nationwide, creating significant challenges for job seekers. Despite these economic hurdles, the administration of President Joe Biden and mainstream media maintain an optimistic narrative, asserting that the unemployment rate is low and everything is under control. The recent […]
11/29/2023
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By Zoey Sky
CHICKEN SANDWICH AIR DROP: Chick-fil-A launches drone deliveries in Florida
One Chick-fil-A location in Tampa, Florida, has recently launched a pilot program that uses delivery drones. While the idea seems novel and convenient, is it something workers at the fast food restaurant chain should worry about? Will the drones eventually replace all human delivery drivers? Stores in Valrico, Florida can send orders using drones Chick-fil-A announced […]
10/30/2023
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By Zoey Sky
Amazon prepares army of 750,000 ROBOTS to eliminate HUMAN workers
Amazon recently announced that it has “750,000 robots working collaboratively” with human employees. The company introduced two new robotic systems to speed up its deliveries, raising concerns among fulfillment center workers that the e-commerce giant might eventually reduce or totally replace its human workforce. In a blog post on Oct. 18, Amazon revealed that its […]
09/06/2023
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By Arsenio Toledo
Latest BLS report shows 187K new jobs in August – but in reality, America lost 670K jobs in two months
Latest report from the Bureau of Labor Statistics (BLS) shows that American employers added 187,000 jobs in August. But in reality, the country lost over 670,000 jobs in July and August. The BLS data for August claims that nonfarm payroll jobs grew by a seasonally adjusted 187,000, far above the Dow Jones estimate of 170,000 and suggesting […]
05/25/2023
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By Ramon Tomey
Biden says US WON’T DECOUPLE from China during G7 meeting in Japan
President Joe Biden reiterated that the U.S. is “not looking to decouple … from China” during the recently concluded Group of Seven (G7) meeting in Japan. He made the remarks during a May 21 press conference at the Hilton Hiroshima hotel. The chief executive’s comments only underlined his support of globalism and his clear disregard […]
05/22/2023
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By Cassie B.
Job APOCALYPSE continues: Layoffs announced at Walmart’s drone delivery partner
Walmart’s drone delivery partner is cutting jobs across the company amid a shift in its operating strategy. Virginia-based DroneUp announced a series of layoffs for its team, which is now made up of 418 people. Founded in 2016, the company owns a fleet of quadcopter drones that are geared toward last-mile delivery, flying items from […]
01/23/2023
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By Cassie B.
Microsoft to cut 10,000 jobs in latest Big Tech layoffs
Microsoft has joined a wave of other tech companies in announcing mass layoffs, cutting around five percent of its overall workforce. A securities filing last week noted that they would be laying off 10,000 employees as part of a range of measures aimed at cutting costs in the wake of economic uncertainty. Ahead of the […]
01/18/2023
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By Cassie B.
DirecTV announces layoffs of hundreds of managers after large drop in subscribers
Satellite TV provider DirecTV has announced that it will be laying off hundreds of managers in response to the cord cutting trend that has seen countless customers abandon its platform in favor of alternative methods of TV viewing. The cuts will amount to around 10 percent of their current management, with management at DirecTV somehow […]
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