assembly plants
GM Cuts 1K Jobs In Cost-Cutting Reorganization
General Motors laid off almost 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions.
boeing
US weekly jobless claims fall; unemployment rolls shrink
The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along.
Americans
Weekly jobless claims at five-month low; consumer spending rises solidly
The number of Americans filing new applications for unemployment benefits fell to a five-month low last week and consumer spending increased more than expected in September.
august
US job openings drop to more than 3-1/2 year low in September
U.S. job openings fell to the lowest level in more than 3-1/2 years in September, pointing to a considerable easing in labor market conditions.
$33
Boeing Reports $6B Third-Quarter Loss As Striking Workers Negotiate A New Contract
Boeing recently announced a third-quarter loss of $6 billion following some 33,000 employees going on strike, as well as quality control issues which have crippled the struggling aviation corporation.
appliance stores
Strong discretionary spending lifts US retail sales in September
Retail sales increased solidly in September likely as lower gasoline prices gave consumers more money to spend at restaurants and bars.
$5 billion
Boeing To Layoff Thousands Of Workers As Strike Continues
Thousands of Boeing employees will be given their pink slips within the next few weeks, multiple union and industry sources claimed.
Alejandro Mayorkas
US labor market remains stable; weather, strike distortions loom
October 3, 2024 – 6:48 AM PDT WASHINGTON (Reuters) – The number of Americans filing new applications for unemployment benefits rose marginally…
$2
CVS Health To Cut Nearly 3,000 Jobs Nationwide
CVS Health will be reportedly discontinuing 2,900 positions at its establishments across the U.S., following the company’s new plan to reduce costs by $2 billion.
borrowing costs
US consumer confidence ebbs in September on labor market fears
U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.