Federal labor market data is a crucial part of understanding the U.S. economy — and one of the pieces the Fed analyzes in considering interest rate moves.

Employers slashed more than 150,000 jobs in October, the largest wave of layoffs in more than 20 years, a report from Challenger, Gray & Christmas said Nov. 6. Firms have pointed to a myriad of causes for their layoffs, from AI to tariffs and corporate restructuring.

Verizon is laying off over 13,000 employees as part of a major company reorientation. The cuts began on Thursday, according to a memo from CEO Dan Schulman.

As job cuts spread gloom through the Seattle-area tech scene, one of Microsoft Corp.’s top executives is warning that state proposals for higher taxes risk devastating the region’s economy.

You just don’t see such a pattern of job losses outside a recession, and the U.S. economy is not in a recession. The decline is a terrible fact for President Donald Trump, who made bringing factory jobs back to the U.S. central to his 2024 campaign, and is discouraging for many Americans who believed his promises.

To cut the grass on America’s thriving solar farms, shepherds have adapted their jobs to turn massive profit by both selling sheep and “grazing services”.