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UNEMPLOYMENT AFTER LAYOFF
Oracle plans more layoffs as AI spending surges. Is the AI jobs apocalypse finally here?Oracle is said to be planning additional job cuts this month, following a substantial reduction in its workforce in the previous fiscal yea...
Fed’s Austan Goolsbee says inflation is the biggest problem on Fed rate signalChicago Fed President Austan Goolsbee has voiced significant worry over soaring inflation, recognizing it as the foremost challenge facing ...
US moves to scrap 60-day H-1B grace period: What it could mean for IndiansThe US may end the H-1B 60-day grace period after job loss. Here's what the proposed 2026 H-1B change could mean for Indian workers, H-4 fa...
Meta cut 8,000 jobs. CEO Mark Zuckerberg says AI is creating more work—but not inside MetaMeta's chief executive states artificial intelligence generates jobs via infrastructure demands. Thousands of corporate roles disappeared w...
Charting the global economy: Growth picks up, AI boom continuesUS unemployment claims reached a near 60-year low, signaling a stable labor market. The European Central Bank rejected an immediate rate hi...
US weekly jobless claims plunge to lowest since 1969First-time jobless claims in the United States unexpectedly dropped last week. This decline reached the lowest level recorded since Septemb...
AI will not trigger employment collapse, staffing company Adecco Group saysAI will transform work by changing roles and tasks, not eliminating jobs. Employment rates remain high and unemployment is near historic lo...
US Stock Market: Inflation gathers pace as tariffs, energy costs and AI investment lift price pressures, says FedU.S. inflation accelerated during spring due to tariffs and rising energy costs. The Federal Reserve's report shows inflation remains signi...
Fed officials divided on US inflation views; US home prices hit all-time highThe International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices ...
IMF growth downgrade, Fed split and oil fears dominate week in global economyThe International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-...
US weekly jobless claims fall amid stable labor market conditionsInitial unemployment claims decreased last week, indicating a stable labor market. Job growth slowed in June, but economists see no major s...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Psychologists say one belief separates workers who bounce back after layoffs from those who struggleLosing a job can take a toll on both finances and mental health, but psychologists say one belief can make recovery easier: confidence in y...
Techie claiming to be Microsoft employee says he is about to be laid off, but is 'relieved': 'Watching good people...'A techie claiming to be a Microsoft employee, anticipating his job loss, found unexpected relief instead of distress. For months, he observ...
US job openings stayed at a surprisingly strong 7.6 million in MayDespite the economic fallout from the Iran war and soaring energy prices, the U.S. job market shows surprising strength. Job openings in Ma...
Global Market: US weekly jobless claims drop more than expectedUS unemployment claims saw a sharper-than-expected drop last week, signaling continued labor market strength. Despite this positive sign, a...
US weekly jobless claims fall amid low layoffsInitial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 226,000 for the week ended June 13, the Labor Departm...