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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, …
LI Councilmember Claims 'Retaliation' After Board Eliminates All Staff Positions
A local lawmaker on Long Island is accusing her colleagues of retaliation after an unexpected vote led to her entire staff being fired.
The Huntington Town Board, by a vote of 4-1, eliminated all council staff positions, citing a push for "efficient government," during a meeting on Tuesday, evening Feb. 11.
Councilmember Brooke Lupinacci, who has been a vocal critic of what she's claimed are "conflicts of interest" by the board, accused her colleagues of retaliation.
“Last evening, Supervisor [Edmund] Smyth, and council members [Salvatore] Ferro, [Dave] Bennardo, and [Theresa] Mari, …
Wegmans Reveals Opening Date For First Long Island Store
Attention shoppers: Long Island is getting its first Wegmans.
The supermarket chain is putting the finishing touches on its newest store, set to open in Lake Grove at DSW Plaza on Wednesday, Feb. 26, 2025.
With 101,000 square feet to play with, the new store will have everything a dedicated Wegmans customer would expect, including a Market Café with fresh sushi, poke bowls, hot self-serve bars, and an old-fashioned sub shop.
Whether it’s chef-created salads or homestyle comfort food, there’s sure to be something for everyone.
Customers can plan on having 14 full-service registers, 14 self…
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.
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.
