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Jobs report set to be released days before election

(WASHINGTON) -- A jobs report scheduled to be released on Friday will mark the final piece of major economic data before Election Day.Hiring data typically provides a clear-eyed snapshot of the nation’s labor market, but the latest report could prove one of the murkiest...

Boeing to cut approximately 17,000 jobs over the coming months

(NEW YORK) -- Boeing will reduce the size of its total workforce by 10% over the coming months, CEO Kelly Ortberg said in a letter to employees on Friday.That amounts to around 17,000 jobs, based on the company's December 2023 total workforce numbers.Ortberg said...

Jobs report blows past expectations, showing hiring surge

(NEW YORK) -- U.S. hiring surged in September, blowing past economist expectations and rebuking concern about weakness in the labor market. The fresh report marks one of the last major pieces of economic data before the presidential election.Employers hired 254,000 workers last month, far...

Slowing but steady job market expected in September jobs report

(NEW YORK) -- Concerns about inflation have increasingly turned to concerns about the job market. Last month’s weaker than expected jobs report led to turmoil in stocks.Expectations are that Friday's report will show 161,000 jobs added when it's released at 8:30 a.m.If jobs come...

Trump is wrong about immigrants taking Black jobs, economists say

(WASHINGTON) -- Former President Donald Trump this week voiced an alarming claim about the alleged threat that immigrants pose to Black workers."Coming from the border are millions and millions of people who happen to be taking Black jobs," Trump said at a gathering of...