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U.S. layoffs soared to over 153,000 in October, marking the highest level in two decades, primarily driven by AI adoption and cost cuts.
Jerome Powell addresses rising employment risks as the Federal Reserve hints at potential rate cuts in light of a hiring slowdown.
The U.S. government shutdown delays employment data releases, creating uncertainty for the economy and policymakers.
US lawmakers demand explanations from major tech firms about their H-1B visa hiring amid job cuts.
Trump's new $100,000 fee for H-1B visas may severely affect hiring in tech and finance, prompting firms to reconsider foreign recruitment.
U.S. jobless claims surge to highest level since 2021, indicating a potential rise in layoffs and cooling labor market conditions.
US job growth was revised down by 911,000 jobs, signaling a weaker labor market than previously reported, raising concerns about economic stability.
The 4th Circuit ruled against states challenging mass firings of probationary federal workers by the Trump administration.
US job growth faltered in August with only 22,000 new jobs added, pushing the unemployment rate to a four-year high of 4.3%.
Lesotho faces a two-year disaster state due to high unemployment rates linked to US tariffs impacting its textile sector.
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