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Layoffs are piling up, raising worker anxiety. Here are some companies that have cut jobs recently
A stalled “no-hire, no-fire” economy and rising costs have driven major companies from HP to Amazon to announce large layoffs, deepening worker anxiety.
Fewer Americans sought unemployment benefits last week as job cuts stay low
Unemployment claims fell to 216,000 last week, signaling continued low layoffs even as hiring slows and more jobseekers struggle to find work.
US retail sales rose slightly in September, adding to months of big gains
U.S. retail sales rose 0.2% in September as high prices and weak hiring pressured consumers, though stronger spending may boost third-quarter economic growth.
‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
Despite low unemployment, job seekers face the slowest hiring pace in over a decade as economic uncertainty, tariffs and AI fears stall recruitment.
Fed cuts key rate again to support slowing economy
The Federal Reserve lowered its key rate to 3.9%, its second cut this year, aiming to boost hiring as inflation remains elevated.
Lack of jobs data due to government shutdown muddies the outlook for hiring and the economy
The government shutdown has delayed September’s jobs report, forcing economists and the Fed to rely on private data to gauge hiring trends.
Shutdown halts key economic data as Fed weighs rate cuts
The government shutdown delays jobs and inflation reports, leaving the Fed with less data as it considers more rate cuts.
D.C.-area leaders launch initiative to help laid-off federal workers
Talent Capital, a website launched Wednesday, aims to help laid off federal workers find jobs and keep them in the Greater Washington region.
US consumer confidence falls on inflation, weak jobs
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
Federal job cuts ripple through Northern Virginia
Trump’s federal job cuts are hitting Northern Virginia hard, with layoffs, stalled contracts, rising unemployment and a softening housing market.
Trump’s workforce purge batters DC’s job market and leads to rise in homes for sale, report finds
A Brookings report shows DC’s job market weakening as Trump’s federal workforce cuts push unemployment to the highest rate in the nation.
Powell signals Federal Reserve to move slowly on interest rate cuts
Fed Chair Jerome Powell signaled caution on more rate cuts, diverging from Trump-appointed officials pushing for faster, deeper reductions.
