• Kohl’s axes 15 percent of corporate jobs amid COVID-19 pandemic

    Kohl’s axes 15 percent of corporate jobs amid COVID-19 pandemic

    Kohl’s said it has slashed about 15 percent of its corporate jobs as it grapples with the impact of the coronavirus pandemic. The Wisconsin-based retailer expects to save about $65 million a year as a result of the reductions disclosed Tuesday, which are part of a cost-cutting plan that aims to slash more than $100 …
  • Amazon hiring 100,000 workers amid COVID-19 online sales boom

    Amazon hiring 100,000 workers amid COVID-19 online sales boom

    Amazon plans to hire another 100,000 workers in the US and Canada amid a coronavirus-fueled boom in its online sales, the company announced Monday. The e-commerce titan’s fourth big hiring spree this year will add full- and part-time jobs to its operations network “as we expand our footprint to better serve customers in communities where …
  • Amazon hosting virtual Career Day to fill 33,000 US jobs

    Amazon hosting virtual Career Day to fill 33,000 US jobs

    Amazon wants the whole country to know it’s hiring. The e-commerce juggernaut is hosting a virtual career day next week with the goal of filling 33,000 corporate and tech jobs nationwide. Amazon traditionally holds its annual career day at locations around the US, but this year is is doing it as an all-digital affair due …
  • US job postings rise to 6.6M in July, but hiring drops

    US job postings rise to 6.6M in July, but hiring drops

    US employers advertised more jobs but hired fewer workers in July, sending mixed signals about the job market in the wake of the coronavirus outbreak. The Labor Department said Wednesday that the number of US job postings on the last day of July rose to 6.6 million from 6 million at the end of June. …
  • Virgin Atlantic cuts 1,150 jobs amid $1.6B rescue plan

    Virgin Atlantic cuts 1,150 jobs amid $1.6B rescue plan

    Virgin Atlantic completed its 1.2 billion-pound ($1.6 billion) restructuring plan and cut 1,150 jobs Friday as the airline sought to rebuild following the devastation caused by the COVID-19 pandemic. The deal had been approved by the High Court in London earlier this week, and was formally recognized by a US court — the last step …
  • Economy Adds 1.4 Million Jobs in August in Early Sign of Recovery

    Economy Adds 1.4 Million Jobs in August in Early Sign of Recovery

    The economy added 1.4 million jobs in August and new jobless claims fell below one million last week as the U.S. labor market hints at a gradual recovery from the economic devastation caused by the coronavirus pandemic. A total of 881,000 initial unemployment claims were filed during the week ending August 29, the Labor Department …
  • US economy adds 1.4 million jobs in August as coronavirus recovery slows

    US economy adds 1.4 million jobs in August as coronavirus recovery slows

    The US economy added 1.4 million jobs last month in the latest sign that the nation’s recovery from the coronavirus pandemic is losing steam, the feds said Friday. The unemployment rate dropped to 8.4 percent in August as businesses continued to reopen following lockdowns that gutted the economy this spring, according to the Bureau of …
  • US workers file 881,000 jobless claims as feds adjust weekly data

    US workers file 881,000 jobless claims as feds adjust weekly data

    Some 881,000 Americans applied for unemployment benefits last week as the coronavirus pandemic kept the job market under pressure, the feds said Thursday. The significant drop in initial jobless claims was likely the result of changes to how the US Department of Labor reports the weekly numbers. The agency started using a new method for …
  • New York jobless rate sky-high amid lingering COVID-19 shutdowns

    New York jobless rate sky-high amid lingering COVID-19 shutdowns

    The lingering coronavirus pandemic continues to wreak havoc on New York’s economy and workforce — more than four months after the killer bug arrived here, sobering new data from the state Labor Department reveals. New York State York’s unemployment rate in July was 15.9 percent — three-tenths of a percent higher than in June. The …
  • Amazon adding 2,000 jobs at NYC’s Lord & Taylor building

    Amazon adding 2,000 jobs at NYC’s Lord & Taylor building

    Amazon said it plans to house more than 2,000 employees at Manhattan’s historic Lord & Taylor building under a nationwide expansion of its corporate offices. The Seattle-based e-tailing giant said Tuesday it will hire the workers to fill the landmark tower on Fifth Avenue over the next few years as it grows its Big Apple …