Jobs Archives - Slay News

Facebook to Slash ‘Thousands More Jobs’ as Company Continues to Struggle

Facebook's parent company Meta is due to slash "thousands more jobs" on Wednesday, according to reports. The move comes after the company fired around 11,000 employees in November. Meta is reportedly coming down hard on "projects that aren't performing" as the company continues to struggle. Meta, which owns Facebook, WhatsApp,…

U.S Economy Adds 311,000 New Jobs as Labor Growth Continues

The U.S. economy added 311,000 new jobs in February, according to the latest figures. Economists had projected 205,000 new positions last month. However, the number was down from 504,000 in January, according to the Bureau of Labor Statistics (BLS). The unemployment rate climbed to 3.6 percent, up from 3.4 percent,…

Falling Labor Participation Rate ‘Really Troubling’ for Economy, Experts Warn

America’s low labor participation rate has become a problem for the U.S. economy, experts are warning. A large number of American workers have failed to return to work since the Covid pandemic. Economists are saying that an unprecedented drop in labor participation across the country has become widely noticeable. Health…

Biden’s Economy Lost 2.5 Million Jobs in January, despite Media Claims of 517,000 ‘Gain’

The United States economy suffered a whopping 2.5 million job losses in January despite efforts by the corporate media to try to spin the numbers in Democrat President Joe Biden's favor. The mainstream media praised Biden's economy while cheering employment figures showing that the U.S. saw a "gain" of 517,000…

Job Openings Rose Unexpectedly in December, Demand for Tech Workers Fell

The jobs market increased at the end of last to beat expectations, according to the latest data from the Bureau of Labor Statistics (BLS). Job openings increased to 11 million in December, up from 10.5 million the previous month. Meanwhile, the number of quits declined slightly, to 4.1 million, down from…

Biden Admin Admits Keystone Cancelation Cost Tens of Thousands of U.S Jobs

The Biden administration has admitted that the cancelation of the Keystone XL Pipeline has cost tens of thousands of jobs in the United States. The Biden admin released a congressionally required report on the impact on jobs of the president’s decision to cancel the Keystone XL Pipeline. The report reveals…

$15-an-Hour Minimum Wage Gaining Steam in 23 US States

Twenty-three U.S. states are now on the verge of implementing a $15-an-hour minimum wage, according to reports. Historically high inflation growth has been surpassing wage gains over the past year, leaving millions of American workers struggling to pay their bills. The price of goods is now at a 40-year historical…

Salary Expectations in US Hit New High, Fed Report Shows

According to a Fed report, expectations regarding salaries among American workers hit a record high in November, with younger people expecting the most. “The average reservation wage—the lowest wage respondents would be willing to accept for a new job—increased from $72,873 in July to $73,667 in November, the highest reading…

50% of American Workers Say They Plan to Quit Their Jobs in 2023

Amid widespread layoffs and hiring freezes under Democrat President Joe Biden's economy, around 50 percent of American workers say they plan to quit their jobs in 2023, new data shows. The uncertain economy is driving key players in the tech, automobile, media, and food industries to make unprecedented cutbacks in…

Biden Admin Overestimated Job Growth by 10,600%, Fed Report Reveals

A new Fed report has revealed that Democrat President Joe Biden's administration overestimated America's recent job growth by a staggering 10,600 percent. The Federal Reserve Bank of Philadelphia reported that the Biden admin's Bureau of Labor Statistics (BLS) massively overestimated the number of jobs added nationwide from March through June…