Similar Stories to Hiring Soared In May As Mass Layoffs Eased on Bing News

WASHINGTON (AP) — The job market took a big step toward healing in May, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April. The Labor Department reported Tuesday that the number of available jobs rose sharply as well, but remained far below pre-pandemic levels. The figures, from the government's Job Openings and Labor Turnover survey, or JOLTS, illustrate the whiplash the economy has experienced since the pandemic intensified in mid-March.Read more on NewsOK.com

Topics:  washington ap     the   march   april   the labor department   job openings   labor turnover   jolts   newsok   the   hiring   layoffs   record   
BING NEWS:
  • Tesla reportedly laying off staff in software, service teams just 1 month after mass firings
    The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla’s announcement last month that it was reducing its global workforce by more than 10%. Employees at ...
    05/6/2024 - 5:51 am | View Link
  • Scammers stole more than $3.4 billion from older Americans last year, an FBI report says
    The FBI received more than 100,000 complaints by victims of scams over the age of 60 last year, with nearly 6,000 people losing more than $100,000.
    05/4/2024 - 2:30 am | View Link
  • Peloton will see mass layoffs and another CEO exit in latest dramatic attempt to right the ship
    Embattled connected-fitness company Peloton announced another round of layoffs on Thursday. CEO Barry McCarthy will step down.
    05/2/2024 - 5:13 am | View Link
  • Tesla’s mass layoffs aren’t over as latest cuts hit Supercharging team
    Two senior executives and most of the Supercharging team are part of the latest round of layoffs at Tesla, tech news site The Information reports. The cuts include senior director of EV charging ...
    04/30/2024 - 6:27 am | View Link
  • After hiring bonanza, tech workers now grapple with layoffs and disillusionment
    She received just two offers at the end. "The one that I did not accept has [since] had layoffs," said Mabley, who lives in Minneapolis. "If I had taken the other job, I would perhaps be ...
    04/24/2024 - 8:30 pm | View Link
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