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“Amazon workers talk Jeff Bezos return amid Andy Jassy layoffs” Amazon employees openly welcomed a potential comeback by Jeff Bezos to run the struggling e-retail giant after current CEO Andy Jassy announced a larger-than-expected wave of layoffs, according to a report Friday. Speculation that Bezos could seek to supplant Jassy as CEO has increased during…
“US job growth solid in December; unemployment falls to 3.5%” The U.S. economy maintained a strong pace of job growth in December, with the unemployment rate falling to 3.5%, but higher borrowing costs as the Federal Reserve fights inflation could see the labor market momentum slowing significantly by mid-year. Nonfarm payrolls increased 223,000 last month, the Labor…
“The answer to youth joblessness is not another progressive wage hike” New York City’s jobless crisis continues. State Comptroller Tom DiNapoli reports nearly a quarter (23.6%) of Gotham men aged 16-24 seeking a job can’t find one. Counting women in that age bracket, it’s a still-awful 17.9% vs. 8.3% nationally. Naturally, progressives want to make…
“Washington Post announces layoffs in tense town hall meeting” The Washington Post’s all-hands meeting turned chaotic Wednesday after the newspaper’s publisher announced looming layoffs – and then left the room as concerned employees shouted questions. The Jeff Bezos-owned broadsheet will conduct a round of layoffs during the first quarter of 2023, publisher Fred Ryan announced…
“Quit gaslighting Americans, Joe — inflation is still terrible” Inflation was less bad in November than the month before, but a 7.1% rise in prices still means continued pain at the grocery store, buying presents or just paying electric bills. It’s nothing to celebrate — but that’s not stopping President Joe Biden. The Bureau of…
“Goldman Sachs to chop at least 400 in retail banking unit: report” Goldman Sachs aims to cut at least a few hundred more jobs, Bloomberg Law reported on Monday, citing people familiar with the matter. The bank is drafting plans that could eliminate at least 400 positions from its loss-making retail banking operations, according to the…
“‘Dirty Jobs’ is ‘people getting to know each other’: Mike Rowe” “Dirty Jobs” has been airing continuously for nearly 20 years now — and series host Mike Rowe said there’s a reason for its longevity. “There’s some comfort to it, some certainty,” Rowe, 60, told The Post. “You’re not going to see a ‘Very Special…
“Biden’s job-creation lie, MSNBC’s Twitter-File denial and more” Diary of disturbing disinformation and dangerous delusions This Chart: We’re building an economy from the bottom up and the middle out by creating more jobs than any Administration in history at this point in a presidency. pic.twitter.com/BPGZapSKTM — President Biden (@POTUS) December 2, 2022 We say: President…
“I’m the original ‘Hooters girl’ from 1983 — and the thrill never gets old” She’s a hoot! The original “Hooters girl,” Lynne Austin, is reliving her glory days in a big-haired blast from the past on social media. Now 61, she’s reminiscing about the skimpy orange shorts and too-tight tees that put the raunchy restaurant…
“US hiring strong in November as employers added 263,000 jobs” The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes. The economy added 263,000 jobs, while the unemployment rate stayed 3.7%, still near a…