Boeing Job Cuts to Start Hitting Seattle-Area Workers This Week

Boeing Co. is poised to unveil deep job cuts to its Seattle-area engineering ranks this week as the planemaker shrinks its workforce to cut costs amid the sharpest contraction in aviation history. The company has informed union officials that layoff notices will go out Friday, and some managers have already begun alerting employees that they will lose their jobs, according […]

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U.S. March, April job losses revised higher

WASHINGTON (Reuters) – The U.S. economy lost a record 20.537 million jobs in April and not 20.5 million as reported last Friday, according to revised data published by the Labor Department this week. The Labor’s Department’s Bureau of Labor Statistics (BLS), which compiles the closely followed monthly employment report, also raised March’s job losses to show nonfarm payrolls decreasing 881,000 […]

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Farms Are Turning to Waiters and Convicts to Harvest Fruit

Louise Wickens usually works at a stables in England’s West Midlands, hiring out horses and dressing them as unicorns for children’s parties. With business closed for the lockdown, she’s turned her hand to planting vegetables at a nearby farm. She’s just one of the locals being hired by fruit and vegetable farms as travel restrictions disrupt life for hundreds of […]

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Cantor to Cut Hundreds of Jobs in Break From Wall Street Pledge

Cantor Fitzgerald is shrinking its workforce, breaking with firms across Wall Street that vowed not to lay off employees during a pandemic that’s unleashed the worst unemployment crisis in decades. The private financial services firm run by Howard Lutnick plans to cut hundreds of jobs across divisions as he seeks to shore up his empire, according to people with knowledge […]

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In hard-hit Florida, jobless workers struggle to get state aid

(Reuters) – With cruise ships idled and airplanes almost empty, Florida travel adviser Nick Pena has been out of work for nearly a month, spending his days trying to secure jobless benefits from a state seemingly unable to provide them. “I can’t tell you the emotional toll, the anxiety of not being able to log in,” said Pena, 44. “The […]

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Airlines Plead for State Relief After Virus Pummels Travel

We’re tracking the latest on the coronavirus outbreak and the global response. Sign up here for our daily newsletter on what you need to know. Airlines in Europe and the U.S. cut flights, idled planes and drafted plans to eliminate jobs, while seeking government support to weather the most brutal downturn in the industry’s history caused by the coronavirus pandemic. […]

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5 jobs for retirees returning to the workforce

Where are the best jobs? EmployBridge chief workforce analyst Joanie Courtney discusses where the jobs are following the February jobs report which added 273,000 jobs to the U.S. economy. Whether you’re a retiree who has just graduated with a new degree or just want to return to the workforce, there are high-paying jobs that welcome seasoned employees. Continue Reading Below […]

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Private-sector jobs up more than expected in February: ADP

Highest-paying fast food jobs in America Taco Bell pays its managers the highest of all fast food chains. FOX Business’ Maria Bartiromo with more. WASHINGTON (Reuters) – U.S. private payrolls increased more than expected in February, pointing to labor market strength before a recent escalation of recession fears ignited by the coronavirus epidemic that prompted an emergency interest rate cut from the Federal Reserve. Continue […]

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