marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
jobs
12/13/2024
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By Ava Grace
Report: U.S. manufacturing sector slashed 26,000 jobs in November as industry woes persist
The U.S. manufacturing industry shed 26,000 jobs in November, following a loss of 19,000 jobs in October Private employers added 146,000 jobs in November, falling short of analysts’ expectations of 150,000, with goods-producing industries showing only a 6,000-job gain. Manufacturing was the weakest sector, and another report highlighted that the industry has been contracting for […]
11/19/2024
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By Ava Grace
DNA testing giant 23AndMe terminates 40% of its workforce amid falling revenues
DNA-testing giant 23AndMe is laying off 40 percent of its workforce, amounting to about 200 employees who will soon be out of a job. The company will also be discontinuing its therapeutics division as it struggles to slash costs amid rising operational expenditures. In a prepared statement, 23AndMe CEO and co-founder Anne Wojcicki said the […]
11/05/2024
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By Laura Harris
Disappointing BLS report: U.S. economy only created 12,000 new jobs in October due to hurricanes and labor strikes
The latest Bureau of Labor Statistics (BLS) jobs report has revealed that the economy of the United States only grew by a paltry 12,000 jobs in October, with major labor strikes and natural disasters like hurricanes cited as contributing factors. This BLS survey collection, conducted a month before the 2024 presidential election, shows that the job growth […]
10/16/2024
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By Ava Grace
Boeing lays off 10% of workforce amid declining company value, ongoing strike and failing products
Boeing has announced that it is laying off approximately 10 percent of its workforce. In a memo, Boeing CEO Kelly Ortberg announced the layoffs, writing that the aerospace giant must make “tough decisions” to stay competitive. The layoffs mean around 17,000 employees will no longer have a job at the company. Ortberg added that the […]
09/18/2024
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By Ava Grace
BLS jobs report shows American-born workers are losing jobs to foreign-born workers
The jobs report for August released by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) has shown American-born workers are losing jobs to their foreign-born counterparts. According to Fox Business, workers born in the U.S. lost over 1.3 million jobs over the last 12 months, while workers born on foreign soil enjoyed a gain of […]
09/09/2024
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By Ethan Huff
Tech industry COLLAPSING as Intel, Apple, IBM and Cisco slash more than 27,000 jobs
The August data is in, and it clearly shows that the tech industry is in serious decline as the overall economy falters. More than 27,000 jobs were slashed in August at companies like Apple, IBM, Intel and Cisco. Intel alone is cutting 15 percent of its workforce while Cisco pivots away from human resources into […]
09/05/2024
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By Laura Harris
Oklahoma governor proposes employing migrants willing to work for low wages to fill critical job gaps
Oklahoma Gov. Kevin Stitt has proposed to match low-wage migrants with local employers in sectors like nursing, engineering, accounting, construction and education to fill vacancies in these critical industries. This comes after the release of the “Oklahoma State Work Permits and Visas Task Force 2024” report on Aug. 26. The report encourages a welcoming stance toward legal […]
09/04/2024
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By Ava Grace
AND SO IT BEGINS: Swedish fintech company Klarna becomes first to conduct MASS LAYOFF directly linked to AI advancements
Swedish bank and financial technology company Klarna has become the first company to lay off over a thousand workers and utilize artificial intelligence (AI) to replace them. Klarna Founder and CEO Sebastian Siemiatkowski claimed that advancements in AI have given him room to pare down his labor force. He believes the company can function with around half of its […]
08/28/2024
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By Olivia Cook
Government admits 818,000 new jobs were overstated (and never existed): What this LIE means for the abysmal U.S. economy
The Bureau of Labor Statistics (BLS) has found that the number of jobs created in the country this year was much lower than previously thought – revealing that 818,000 of the new jobs reported in March were not real. Recent updates to the U.S. job market data show that the employment situation is not as robust as previously […]
08/26/2024
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By Ethan Huff
Bureau of Labor Statistics finally admits to LYING about job numbers – so Wall Street can keep its Ponzi scheme going
Bloomberg ran a headline this week admitting that as many as one million of the new jobs that were supposedly created last year do not exist and were merely talking points to prop up America’s “strong” economy. The Bureau of Labor Statistics (BLS) was forced to “revise” its numbers after the private Federal Reserve confronted […]
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