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February Job Growth Disappoints, Fueling Economic Fears From Rising Costs, Tariff Confusion
The US labor market fell short of expectations in February, adding to growing economic uncertainty from trade disputes, a hiring slowdown, and ongoing federal job cuts.
The nation's economy added 151,000 jobs in February, according to data from the Bureau of Labor Statistics released on Friday, Mar. 7. That number was lower than the Dow Jones consensus forecast of 170,000, CNBC reported.
Job growth lagged behind the 12-month average of 168,000, signaling a labor market slowdown. Healthcare led with 52,000 new positions, followed by financial activities (+21,000), transpo…
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…
Walmart To Lay Off, Relocate Over 800 Workers, Report Says
Over 800 employees across three Walmart regional facilities may face layoffs, according to a new report.
The affected locations include Hoboken, New Jersey, with 481 employees; Charlotte, North Carolina, with 267; and San Bruno, California, with 79, according to Supermarket News, which said some of the workers may choose to relocate in the weeks ahead.
While the offices in Hoboken and San Bruno will remain open, the Charlotte office is set to close, the outlet reported.
The Worker Adjustment and Retraining Notification (WARN) notices filed with state labor departments in New Jersey, …
Hearst Lays Off Around 200 Employees From Magazine Division, With Most Jobs In NY
Hearst Magazines has just fired around 200 employees, most of whom were assigned to the company's midtown Manhattan headquarters, according to multiple reports.
Cosmopolitan, Esquire, Good Housekeeping, Men's Health, Popular Mechanics, Town & Country, and Harper's Bazaar are among the titles the division of Hearts Communications publishes.
Affected employees were notified in a private meeting days before Thanksgiving, according to New York Magazine.
Some of the Hearst publications :were already run by a skeleton crew" after years of downsizing, the report in New York said.
New Supermarket To Open In Hudson Valley
A new 24-hour-a-day supermarket is opening in the Hudson Valley, focusing on everything fresh.
The Garden Fresh Market, located in Rockland County in Spring Valley, will have its soft opening on Wednesday, Oct. 23, and its grand opening on Saturday, Oct. 26, said owner Wilson Bermeo of New City.
This will be the fourth supermarket for Bermeo, who immigrated from Ecuador in 1995 to live the American Dream.
"You work all the time, every day, and you can have that dream," Bermeo said with a laugh.
And busy he is. He said he also owns the Nyack Fresh Market, Huerto del Eden in Spr…
Newly Remodeled Dunkin' Reopens In Hudson Valley Following 2021 Fire
Nearly three years after a devasting fire destroyed a Dunkin' and other stores at a Hudson Valley plaza, a grand reopening ceremony will welcome back customers this weekend where they could win free coffee for a year.
"Free Coffee for a Year" was offered to the first 100 guests in line beginning at 9 a.m. on Friday, Aug. 16 to celebrate the reopening.
The fire, which took place in Rockland County on Sunday, Nov. 28, 2021, destroyed The Rise (where the fire started), a gun range, and spread to a Dollar General store and Dunkin' around noon on Sunday, Nov. 28, at 112 North Middlet…
Casting Call: Cooking Commercial Needs To Fill Husband, Wife, Teen Roles
A cooking commercial that will be produced in New York City needs to fill the roles of a husband, wife, and teenager.
The exact shooting dates will depend on the role, but the casting call says to keep Wednesday, May 29, and Thursday, May 30, open.
Men and women interested in playing the couple should be between ages 30 and 50, and the teen between 18 and 25.
For more information, including salary, and to apply, click here.
Here's How Much, When Minimum Wage Will Increase In Westchester
Workers in downstate New York are all getting a holiday bonus this year, as minimum wage rates get bumped for the third straight year.
As of Friday, Dec. 31, minimum wage workers in Westchester, Suffolk, and Nassau counties will see a bump in their paychecks as their hourly wages will rise to a minimum of $15, putting them on par with employees at large firms in New York City, which has been at that benchmark for three years.
Minimum wage employees in those counties had previously been getting $14 an hour.
Fast-food workers across New York also make $15 an hour, regardless of location, wh…
Covid-19: Supermarket With Stores In Dutchess, Putnam, Ulster Is Hiring
A grocery store chain with multiple locations in the Hudson Valley will be increasing employees’ wages and are hiring new staff amid the novel coronavirus (COVID-19) pandemic.
Tops Markets, which has locations in Carmel, Lagrangeville, New Paltz, and Rhinebeck, announced that full-time employees will receive an hourly raise of $1, with part-time employees earning 50 more cents per hour.
Employee raises will be in effect through at least Saturday, April 18, at which point the company will re-evaluate the situation.
According to the New York State Department of Labor, the number of unemploym…
