People are worried about their jobs and the impending threat of layoffs. That's bad news for consumer spending and the US ...

Amaranth adds that in past periods of austerity, government employment has declined by 4,000 to 10,000 per month. In a report ...

The chart of the day What we're watching What we're reading Economic data releases and earnings Recent consumer sentiment data has been particularly grim. Uncertainty around President Trump's tariff ...

Consumer sentiment has taken a significant hit since the start of 2025. The University of Michigan Consumer Sentiment Index ...

The total savings from these staffing cuts will pay for just 0.5% of President Donald Trump’s proposed tax cuts. It will ...

More than 600 positions have been eliminated from the U.S. Department of Education's Federal Student Aid office, internal ...

Public health experts warn a major overhaul and layoffs at the U.S. Department of Health and Human Services could have untold ...

Following a judge’s order, many USDA employees were reinstated after layoffs in February, but the Trump administration is ...

The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than ...

Employers are legally required to alert employees along with state and local officials at least 60 days before a mass layoff ...

"Over 60,000 people have lost their jobs, and this number is expected to reach hundreds of thousands in the coming months. This layoff crisis is very serious,” he said in a press conference ...

In news about the Trump administration’s job-slashing effort ... Under the federal code, civil servants remain on probation for one year after they are hired, promoted, demoted or otherwise ...