Remove jobs retail
article thumbnail

Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market

Allwork

labor market blew away expectations from economists in January, adding 353,000 jobs and keeping unemployment steady at 3.7%. nonfarm payrolls far exceeded economists’ predictions of 185,000 jobs. Job gains were recorded in professional and business services, health care, retail trade, and social assistance, according to the BLS report.

Payroll 264
article thumbnail

U.K. Commercial Vacancies Increased in Q2 of 2023

Allwork

What’s going on: Over the past five years, 6,000 retail outlets in the U.K. The data stems from the British Retail Consortium (BRC) and Local Data Company (LDC), where experts cite business rates and the impacts of the covid-19 pandemic as two major factors. The overall retail vacancy rate has risen to 13.9% The post U.K.

2023 246
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Positive Economic News: Consumer Spending Is Up

Allwork

What’s going on: The month of April recorded a small surge in retail sales, a good sign for businesses everywhere. Department of Commerce’s April Advance Monthly Sales for Retail and Food Services report published on Tuesday , retail sales increased by a noteworthy 0.4% According to the U.S.

UPS 246
article thumbnail

Tech Sector Drives Record Layoffs in 2023

Allwork

job market, with companies planning 721,677 job cuts, a 98% increase from 2022, according to a study published by Challenger, Gray & Christmas, Inc. In 2023, many companies, especially those operating within the tech sector, were entering a cost-cutting phase. Last year was marked with major shifts in the U.S.

2023 278
article thumbnail

Brighter Economic Outlook Masks Looming Job Market Challenges

Allwork

This slower-than-usual growth is predicted by experts to impact job growth and job security, as the labor market is expected to be squeezed. It’s reported that the expected job growth rate for 2024 is significantly lower than in previous years — with an average of 64,000 new jobs per month, compared to 225,000 in 2023.

article thumbnail

Apple To Conduct Rare Layoffs

Allwork

Apple is characterizing the move as an effort to simplify its retail operations instead of a full-scale layoff. The specific number of positions set to be eliminated remains uncertain. This year, Apple CEO Tim Cook opted to take a 40% pay cut, resulting in his annual compensation dropping from a $98.7

2019 246
article thumbnail

U.S. Job Openings Continue To Rise, Exceed 10M

Allwork

Bureau of Labor Statistics (BLS) published data from its Job Openings and Labor Turnover Survey (JOLTS) Wednesday morning. job openings rose in April by 358,000 to 10.1 The number of job openings previously reported was 9.59 Job Openings Continue To Rise, Exceed 10M appeared first on Allwork.Space. The post U.S.

Finance 263