Employers added 187,000 jobs in August and unemployment rose to 3.8 percent as the economy continued to lose momentum built up after pandemic lockdowns.
Tag: Layoffs and Job Reductions
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Job Openings Dropped in July as Labor Market Cooled
Vacancies fell to 8.8 million, the lowest level since March 2021.
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China’s Economic Outlook: Pep Talks Up Top, Gloom on the Ground
Beijing has characterized concerns about the economic slowdown as being inflated by Western critics. Widespread anxiety and pessimism paint a different picture.
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A Crisis of Confidence Is Gripping China’s Economy
China’s economy, which once seemed unstoppable, is plagued by a series of problems, and a growing lack of faith in the future is verging on despair.
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West Virginia University Slashes Its Budget, Plans to Drop Languages
The state’s flagship school will no longer teach world languages or creative writing — a sign, its president says, of the future at many public universities.