Layoff announcements this year top 1.1 million, the most since 2020 when pandemic hit, Challenger says
The firm said layoff plans totaled 76,835 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.
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Unemployment Claims Fall to 191K, Lowest Since Sept. 2022
U.S. applications for unemployment benefits fell to their lowest level in more than three years last week, potentially complicating the Federal Reserve's upcoming decision on interest rates.
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Chicago Fed: Unemployment Holds Steady at 4.4%
The U.S. unemployment rate was unchanged around 4.4% in November, the Chicago Federal Reserve estimated Thursday, while closely watched data from a private provider added to the evidence that the U.S. labor market is slowly weakening.
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Challenger: US Planned Job Cuts Fall 53% in Nov.
Layoffs announced by U.S. employers fell sharply in November, but hiring intentions continued to lag as businesses navigated an uncertain economic environment against the backdrop of tariffs on imports and slowing demand.
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Ukraine, trade, pandas: What China's Xi and France's Macron discussed in Beijing
China said it is open to importing more high-quality goods from France while urging a "fair, conducive environment" for Chinese businesses in the European nation.
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Bessent: High Court Ruling Won't Affect Tariff Policy
Treasury Secretary Scott Bessent on Wednesday said the Trump administration will still implement its tariffs should the Supreme Court rule against President Donald Trump's use of the International Emergency Economic Powers Act to impose levies on trading partners.
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