Applications for US jobless benefits fall again as labor market powers on
The number of Americans applying for jobless benefits fell to its lowest level in five weeks, even as more high-profile companies announce layoffs.
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Unemployment
‘In a good place:’ Number of people working in NC hits another record high
The number of people working across North Carolina set a record of nearly 5.1 million in November, according to the N.C. Department of Commerce, putting the state’s economy “in a good place,” says N.C. State economist Dr. Mike Walden.
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What’s the state of the jobs market? Big report coming Friday
Employers are growing more cautious, pulling down some job postings and reining in hiring. Employees are sticking around more and not bouncing as readily for better opportunities. Welcome to the wait-and-see job market.
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Unemployment claims hit 3-month high as economy shows signs of cooling
Applications for unemployment benefits rose by 13,000 to 231,000 for the week ending Nov. 11, the Labor Department reported Thursday. That’s the most in three months.
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Layoffs coming in Fayetteville: Distribution, warehousing operation is closing
New layoffs are coming to Fayetteville when a distribution and warehouse center operated by Danson’s closes.
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‘Very positive’ jobs picture likely means a slowdown pushed ‘well into 2024,’ economist says
Employment is improving not only in the state’s 15 metro areas but also in 98 of 100 counties, new data show. And N.C. State economist Dr. Mike Walden says data for September is “very positive” while the possibility exists for a continuing “robust” jobs environment.
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‘Hard but necessary steps:’ Charles Schwab lays off about 2,000 employees
Charles Schwab has laid off about 5% to 6% of its employees, amounting to roughly 2,000 people, as it looks to cut costs.
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Economist: Latest NC employment news triggers warning signals
Overall, the September labor market report for North Carolina was positive, but there are some warning signals. So says N.C. State economist Dr. Mike Walden. What’s his analysis? Recession ahead?
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NC paper mill workers face layoffs – the latest in job cuts at paper, furniture, meat & textile firms
International Paper, which supplies about 20% of all paper in the United States, said Wednesday it would close one of its two pulp machines near Wilmington, and lay off 200 workers. The cuts are the latest to hit North Carolina paper, textile, furniture and meat plants.
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