Jobs

U.S. companies announced more than 222,000 job cuts in March, a year-over-year increase of nearly 300%. The vast majority of the job losses were attributed to the outbreak of COVID-19.
Paul Ausick
The unemployment situation has gone from the best jobs market ever to an atrocious job market faster than any time in history.
Jon C. Ogg
Total nonfarm private sector payrolls were down only 27,000 in ADP's report for March, but that did not include all the data.
Jon C. Ogg
24/7 Wall St. has looked at the preliminary expectations for this week's unemployment and payrolls data. Some of the data seem drastic, but some of the absolute percentages and drops are likely to...
Jon C. Ogg
A recent survey by Challenger, Gray & Christmas indicates that nearly all U.S. companies have either already instituted or are considering instituting work-from-home policies during the coronavirus...
Paul Ausick
While the restrictions on gatherings and movements have cost millions of Americans their jobs, there are some companies that are looking for employees now, according to Challenger, Gray & Christmas.
Paul Ausick
New cases of COVID-19 jumped by more than 1,200 in one day and some 9 million Americans who work in the leisure and hospitality industry face temporary (or worse) layoffs due to the pandemic.
Paul Ausick
State and local government mandates against gatherings are putting more than 7 million jobs in a dozen states and the District of Columbia.
Paul Ausick
A U.S. jobless rate of 20% would be the equivalent of 30 million Americans out of work. These five industries would be hit the hardest.
Douglas A. McIntyre
State and local government mandates against gatherings are putting more than 7 million jobs in a dozen states and the District of Columbia.
Paul Ausick
Economists have begun to consider how many jobs are at risk in a sharp downturn, particularly one caused by COVID-19.
Douglas A. McIntyre
Five states and New York City have ordered bars and restaurants closed in an effort to slow down the spread of the coronavirus. More than 4.4 million jobs could be temporarily lost.
Paul Ausick
After a record-setting January, the number of U.S. CEOs who left their jobs in February fell by more than 40%. The two-month total, however, remains on a pace to set a new quarterly record for CEO...
Paul Ausick
Widespread job loss is always part of a ripple effect. One region or industry is hit, and that moves to many others.
Douglas A. McIntyre
Challenger, Gray & Christmas warns that a global recession that may have begun on February 21 is picking up speed.
Paul Ausick