U.S.-based employers announced 97,006 job cuts in May with technology remaining the leading sector for staff reductions.
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Technology Sector Leads U.S. Layoff Plans
The U.S. added 172,000 jobs in May, the Labor Department said Friday, beating expectations. The unemployment rate stayed unchanged at 4.3%
Hiring beat expectations with 172,000 new jobs. The unemployment rate held steady at 4.3%. Source link
French Inflation Rises to More-Than Two-Year High as Energy Costs Intensify
The result puts the European Central Bank on course to raise interest rates for the first time since 2023 when it next meets in June. […]
Eurozone Unemployment Held Steady in April
The eurozone’s unemployment rate remained unchanged in April, demonstrating resilience despite heightened economic uncertainty due to from the war in Iran. Source link