Fair 53°
Tag:

Job Growth

Business
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study. US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024. February marked a dramatic spike in job losses, as businesses and federal age…

SHARE

by Chris Spiker
Business
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy
Private Job Growth Hits Lowest Point In Months As Trump's Trade Wars Shake Economy Job growth in the private sector slowed to its weakest pace in seven months, as hiring lags amid economic uncertainty and rising trade tensions, according to new data. Private employers added just 77,000 jobs in February, the ADP said in its National Employment Report released on Wednesday, Mar. 5. That number marks the smallest job growth since July 2024 and was down sharply from January's revised total of 186,000. February's data is the latest in a wave of troubling economic indicators during the first two months of President Donald Trump's return to office. "Policy uncertainty…

SHARE

by Chris Spiker
News
This County In Region Now Leads State In Job Growth, Report Says This County In Region Now Leads State In Job Growth, Report Says
This County In Region Now Leads State In Job Growth, Report Says Those looking for work would do well to check out one New York county above all others. Sullivan County is leading the entire state - even New York City - in job growth, according to a new report from the state Department of Labor. Private-sector job growth in Sullivan County grew 9.1 percent year-over-year for September 2022, the report found. For comparison, New York City had a 6.8 percent job growth rate during the same period. Information services and the leisure and hospitality industries saw the most significant growth from the previous year at 100 percent and 32.5 percent, respect…

SHARE

by Michael Mashburn
Business
Amazon To Open Operations Facility In Hudson Valley, Creating Hundreds Of Jobs Amazon To Open Operations Facility In Hudson Valley, Creating Hundreds Of Jobs
Amazon To Open Operations Facility In Hudson Valley, Creating Hundreds Of Jobs Hundreds of jobs are coming to the Hudson Valley as Amazon prepares for its latest venture in New York. This week, Amazon announced that it plans to launch a state-of-the-art operations facility in Orange County in Montgomery in time for the 2021 holiday season, generating more than 800 full-time jobs. The fulfillment center, which will span more than 1,000,000-square-feet near the intersection of Route 17K and Route 747 has been in the works for more than a year. The $75.2 million project had to be approved by the Town Board, Zoning Board of Appeals and Planning Board, the town’s Industr…

SHARE

by Zak Failla