Economic Report: U.S. jobless claims fall to 250,000 and show little sign of surging layoffs

marketwatch.com The number of people who applied for unemployment benefits dipped to 250,000 in mid-August and appear to have stabilized after a steady increase during the summer.

Jobless claims drop slightly, with 250,000 Americans filing for unemployment benefits

foxbusiness.com Claims for unemployment benefits fell to 250,000 in the week ended Aug. 13. That is above the 2019 pre-pandemic average of 218,000 claims. It just narrowly missed topping the eight-month high of 261,000 recorded in...

U.S. weekly jobless claims dip as labor market remains resilient

investing.com By Lucia Mutikani WASHINGTON -The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised sharply down, suggesting labor market conditions remain...

Cameo announces Cameo Live, letting users have 10-minute live video calls with celebrities, expanding on DMs and Cameo Calls

gizmodo.com We all have those celebrities or notable figures we’d like to sit down with for a conversation. It would be nice, for instance, to be able to ask a talented musician about their creative process. Or, to find out...

Jobless claims drop slightly, with 250,000 Americans filing for unemployment benefits

foxbusiness.com Claims for unemployment benefits fell to 250,000 in the week ended Aug. 13. That is above the 2019 pre-pandemic average of 218,000 claims. It just narrowly missed topping the eight-month high of 261,000 recorded in...

Jobless claims dip slightly for first time in three weeks

foxbusiness.com The number of Americans filing for unemployment benefits last week unexpectedly declined, suggesting that demand for employees remains strong amid a continuing labor shortage. Figures released Thursday by the Labor...

It’s not just Big Tech: The list of companies with hiring freezes and layoffs is likely to grow

fastcompany.com The vast majority of small businesses are planning to implement hiring freezes during the economic downturn, according to a new survey from Fiverr. The majority of Americans—70%, in fact—believe that a recession is...

Apple is the latest tech firm to cut staff. What do the layoffs tell us about the economy?

marketplace.org In some cases, it’s about responding to competition. In others, it’s a way of bracing for a possible economic downturn.

There’s a reason why US Midwest startups had fewer layoffs, Chicago VC says

techcrunch.com Over time, many cities across the Midwest have been building out bona fide startup ecosystems, as M25's annual ranking of Midwest startup hubs makes clear.

I'm one of the 800 Peloton employees losing their jobs. After massive layoffs in February, I've spent every day of the last 6 months wondering which shift would be my last — now I know

businessinsider.com "It was only when we showed up each day and saw our assignments that we'd know, 'Okay, we're working today,'" the Peloton worker said.

How the Great Resignation could turn into the Great Employee Return

cnbc.com 26% of workers who quit regret their decision. The No. 1 reason is that finding a new job has been more difficult than they expected. Despite signs of a slowdown and waves of layoffs, the job picture is still robust....

Malwarebytes lays off 125 employees citing ‘strategic reorg’

techcrunch.com Cybersecurity giant Malwarebytes has laid off 125 employees, or about 14% of its global workforce. News of the layoffs began circulating on LinkedIn last week, with former employees sharing that they had been let go...

Young Bankers Worry About Nights Off Early and Dark Days Ahead

yahoo.com A young investment-banking analyst who came close to burning out now has enough free time to take in Broadway shows. A year or two ago, underwriting and advisory work was piling up and junior bankers were groaning...

House of the Dragon is coming to HBO. So is the Netflix Chill

vox.com HBO’s House of the Dragon does indeed feature a dragon. | HBO HBO’s Game of Thrones prequel rolls out as the streaming industry reconsiders ... everything. It’s just like old times at HBO — plenty of...

NTU, Algorand to roll out center for blockchain research

techinasia.com Singapore’s Nanyang Technological University is set to launch a center for blockchain research. Called the Algorand Center of Excellence at NTU (ACE@NTU), the center is one of 10 such ACEs established this month. ACE...