jobs News Updates

BusinessFuel

Exxon Plans to Cut Almost 400 Pioneer Jobs in Texas by 2026

Exxon Mobil Corp. plans to lay off 397 employees from Pioneer Natural Resources Co. after purchasing the Permian Basin operator for $63 billion earlier this year.

November 13, 2024
GovernmentBusiness

Storms and Strikes Hold New Jobs to Just 12,000 in October

WASHINGTON — America’s employers added just 12,000 jobs in October, a total economists say was held down by the effects of strikes and hurricanes that left many temporarily off payrolls.

November 1, 2024
GovernmentBusiness

Economy Grows at Solid 2.8% Pace on Strong Consumer Spending

WASHINGTON — The U.S. economy grew at a healthy 2.8% annual rate from July through September, with consumers helping drive growth despite the weight of still-high interest rates.

October 30, 2024
GovernmentBusiness

US Adds a Robust 254,000 Jobs in September

WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the U.S. labor market is still solid enough to support a growing economy.

October 4, 2024
GovernmentBusiness

US Payroll Data Likely to See Largest Revision Since 2009

U.S. job growth was probably far less robust in the year through March than previously reported, according to government data out Aug. 21.

August 21, 2024
GovernmentBusiness

US Labor Cooldown May Have Started Earlier Than Thought

U.S. job growth in 2024 through March was likely less robust than initially estimated, which risks fueling concerns that the Federal Reserve is falling behind on interest rate cuts.

August 20, 2024
GovernmentBusinessLogistics

Transportation Jobs Up in July ADP Data; Overall Hiring Slows

US companies added the fewest number of workers since the start of the year and wage growth slowed, consistent with signs of a softer labor demand. But the transportation sector showed resilience.

July 31, 2024
Business

Stellantis Offers US Employees Buyouts in New Round of Cuts

Stellantis NV will offer voluntary buyouts to U.S. employees as the carmaker looks to cut costs amid slumping profits.

July 30, 2024

Employers Add 175,000 jobs in April in Face of Higher Rates

WASHINGTON — The nation’s employers pulled back on their hiring in April, adding a modest 175,000 jobs in a sign that high interest rates may be starting to take a toll on the economy.

May 3, 2024
GovernmentBusiness

Employers Added a Robust 303,000 Jobs in March

WASHINGTON — America’s employers in March added a sizzling 303,000 workers to their payrolls, bolstering hopes that the economy can vanquish inflation without succumbing to a recession.

April 5, 2024