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Latest BLS report shows 187K new jobs in August – but in reality, America lost 670K jobs in two months

https://www.naturalnews.com/2023-09-06-america-lost-670000-jobs-in-two-months.html

September 06, 2023 -

The BLS data for August claims that nonfarm payroll jobs grew by a seasonally adjusted 187,000, far above the Dow Jones estimate of 170,000 and suggesting that the economy is improving. President Joe Biden himself even touted the job figures for August, claiming it shows that the economy is strong.

"As we head into Labor Day, we ought to take a step back and take note of the fact that America's now in one of the strongest job-creating periods in our history," Biden ...

Financial failure? Nation’s largest banks just cut 20,000 jobs

https://www.naturalnews.com/2023-11-07-financial-failure-largest-banks-cut-20000-jobs.html

November 07, 2023 -

America is already technically in a recession, though they redefined that word a few years back to stretch out the collapse, which will soon become more of a depression, if not much worse.

The following clip from CNBC explains the 20,000 banking job cuts and what those entail:

FIVE OF THE LARGEST BANKS CUT OFF 20,000 jobs COMBINED!!!#crypto pic.twitter.com/xkMXHjix7N

— KINGVALEX (@VALELORDX) October 31, 2023

According to reports, the Bank of Nova Scotia ...

Bidenomics in shambles: Microsoft cuts 1,900 jobs in gaming market

https://www.naturalnews.com/2024-01-29-microsoft-cuts-1900-jobs-in-gaming-market.html

January 29, 2024 -

(Article by Graham republished from WLTReport.com)

Microsoft is joining a growing trend of large companies laying off employees.

The layoffs will see 8% of their employees cut.

Microsoft to begin mass layoffs

It has begun

The economy will break this year

— ?0HOUR? (@0HOUR) January 25, 2024

Fox Business shares more:

Amazon, Google and Google’s parent company, Alphabet, have already laid off employees this year, as have banking titan ...

Workers in warehouses could soon lose their jobs to HUMANOID ROBOTS

https://www.naturalnews.com/2023-09-13-warehouse-workers-could-lose-jobs-humanoid-robots.html

September 13, 2023 -

Now, other industries are also being targeted by this humanoid robot invasion. These include manufacturing, elder care and healthcare, food production and agriculture. The production of humanoid robots designed to fit in these industries is slated to begin in late 2024.

As of writing, humanoid robots are starting to work side by side with human employees. In warehouses, these robots are tasked with moving heavy boxes and containers."Labor-saving" robots could ...

Walmart cuts another 2,000 warehouse jobs following retail store closure announcement

https://www.naturalnews.com/2023-04-07-walmart-cuts-2000-warehouse-jobs-store-closures.html

April 07, 2023 -

More than 1,000 people will be let go from a warehouse in Fort Worth, Tex., as will 600 people at a Pennsylvania fulfillment center; 40 people at a Florida warehouse; and 200 people in New Jersey, regulatory filings show. Additional reductions are also planned in California.

On March 23, hundreds of workers at five e-commerce fulfillment facilities were informed that they will need to find new jobs within the next 90 days at other company locations. The news came not long ...

American despotism

https://www.naturalnews.com/2023-09-12-american-despotism.html

September 12, 2023 -

(Article by Newt Gingrich republished from Spectator.org)

This constitutional crisis is so widespread and threatening that House Republicans must dramatically widen their investigations. Hunter Biden and President Joe Biden are only a tiny part of a spiderweb of corruption, dishonesty, criminal behavior, and state weaponization. The rule of law is steadily being replaced by a frightening new rule of power.

Of course, it is important to get to the bottom of the ...

JOBS CRISIS: Almost 107 million Americans are not in the labor force

https://www.naturalnews.com/2024-03-22-almost-107-million-americans-not-in-labor-force.html

8 days ago -

Despite these economic hurdles, the administration of President Joe Biden and mainstream media maintain an optimistic narrative, asserting that the unemployment rate is low and everything is under control. The recent employment report for February, however, has been dubbed by some as "the most ridiculous jobs report in history," revealing a puzzling paradox.

Digging into the report, it becomes evident that the number of native-born workers in the United States has plummeted ...

Hollywood actors, writers go on strike to protect their jobs from AI

https://www.naturalnews.com/2023-08-01-hollywood-actors-writers-strike-protect-jobs-from-ai.html

August 01, 2023 -

Many Hollywood actors are now on strike to protest studios taking their likeness and using AI to produce more content, all without paying them a dollar.

Some entertainment firms like Disney have refused to discuss in detail the nature of their investments in AI, but the job postings and financial disclosures reviewed by The Intercept revealed how some of these companies embrace the technology.

The Hollywood actors have gone on strike for the first time since 1960 ...

BIDENOMICS: UPS cuts 12,000 jobs due to decreased shipping volume, tense union negotiations

https://www.naturalnews.com/2024-02-01-ups-12000-jobs-cut-decreased-shipping-volume.html

2 months ago -

The company said the mass layoff is part of a broader effort to "align resources" in 2024. This effort includes mandating staff work from offices, five days a week starting on March 4.

UPS also reported a 7.4 percent drop in average daily volume domestically and an 8.3 percent drop internationally. CEO Carol Tome said in a company earnings call discussing the fourth-quarter earnings report that the international softness was "heavily weighted" in Europe, and other factors ...

Largest banks in America have collectively cut 20K JOBS so far this year

https://www.naturalnews.com/2023-10-23-largest-banks-in-america-cut-20k-jobs.html

October 23, 2023 - The largest banks in America have collectively laid off approximately 20,000 employees since the beginning of 2023 due to rising interest rates in the mortgage industry, Wall Street deal-making fluctuations and increasing funding costs.

According to company filings, five of the largest banks in America are quietly cutting thousands of employees after a two-year hiring boom during the Wuhan coronavirus (COVID-19) pandemic. This hiring spree was abruptly ...

Gallup poll: More U.S. workers fear that TECHNOLOGY will make their jobs OBSOLETE

https://www.naturalnews.com/2023-09-20-us-workers-fear-technology-make-jobs-obsolete.html

September 20, 2023 -

The Gallup Poll, which started in 2017, showed that fear of becoming obsolete (FOBO) has grown more in the past two years than at any time in the history of the poll.

According to the Sept. 11 Gallup Poll, 22 percent of workers fear that new technology will eventually replace them. In 2021, that figure was 15 percent, indicating a jump of seven percentage points. Previous polls on the topic remained steady between 13 and 17 percent.

The polling organization ...

LAYOFF season continues: PayPal cuts off 9% of its global workforce – roughly 2,500 jobs

https://www.naturalnews.com/2024-02-12-layoff-season-paypal-cuts-off-global-workforce.html

2 months ago -

In a letter sent to employees, Chriss noted that the company’s headcount reduction will be "made through direct cuts and elimination of open roles" and will take place over the year. According to the new CEO, 2024 is a year that will be filled with "difficult but necessary decisions to get us where we need to go." (Related: They are calling this "layoff season.")

News outlet The Information reported that this latest round will let go of existing staff across multiple teams, ...

Banks cut more than 60,000 jobs in 2023 – worst banking industry year since 2008

https://www.naturalnews.com/2023-12-29-banks-cut-60000-jobs-2023-worst-year.html

December 29, 2023 -

The collapse earlier this year of First Republic Bank, Silicon Valley Bank and Signature Bank prompted the private Federal Reserve and other central banks to facilitate the mega-merger of Credit Suisse and UBS, the goal being to keep the sinking financial Titanic afloat. Their efforts are failing, though, as the world descends into a financial collapse that is on the verge of becoming worse than the recession of 2008.

According to the Financial Times (FT), 20 of the ...

Career socialist activist “pulling strings” on UAW strike, costing economy $7.7bn and 6,000 jobs

https://www.naturalnews.com/2023-10-31-career-socialists-pulling-strings-uaw-strike-economy.html

October 31, 2023 -

Shawn Fain, UAW's president, ordered a walkout of more than 30,000 workers across the Big 3 in what the media is describing as an "unprecedented round of industrial action" that, as of Monday, entered its 39th day.

The strike has reportedly already cost the U.S. economy $7.7 billion, as well as potentially 6,000 jobs. And Fain's closest advisors have been dubbed "New York intellectuals" by critics because they are said to have little or no experience on factory floors ...

CVS to slash 5,000 jobs, close 900 stores as vaccines kill off repeat customers

https://www.naturalnews.com/2023-08-03-cvs-slash-5000-jobs-close-900-stores.html

August 03, 2023 -

To save the company money so it has a better chance of surviving, CVS Health is slashing mostly corporate jobs, The Wall Street Journal reported. Workers at CVS stores, pharmacies, and clinics are not expected to be negatively impacted by the layoffs and store closures – except, of course, for the employees at stores that are closing.

Back in November 2021, CVS Health announced plans to close 900 stores over three years, with about 300 stores per year slated to be shuttered....

Uber Eats to deploy an additional 2,000 delivery robots, putting more jobs in peril

https://www.naturalnews.com/2023-06-01-uber-eats-to-deploy-additional-delivery-robots.html

June 01, 2023 -

The robots are made by Serve Robotics, and the decision to expand the use of robots was made after a successful pilot of the robot delivery program in Los Angeles. The pilot program, which began in the West Hollywood neighborhood last May, was wildly successful.

The robots serve customers from 10 a.m. to 9 p.m. every day, and Uber Eats claimed the use of robot deliveries in the city grew by more than 30 percent month-over-month and more than 200 restaurants in the city ...

Fake meat food bubble is bursting: Beyond Meat slashes revenue outlook, plans to cut jobs

https://www.naturalnews.com/2023-11-06-beyond-meat-slashes-revenue-outlook-cut-jobs.html

November 06, 2023 -

The plant-based meat factory said it now expects full-year revenue of $330 million to $340 million – down from its prior range of $360 million to $380 million. It estimates that its planned staff cutbacks, including some executive-level positions, will result in up to $10.5 million in savings.

Beyond Meat's money-saving program includes a potential restructuring of its operations in China, pricing changes, shifts in manufacturing capacity and real estate and the possible ...

Majority of “new jobs” in the US under Biden have gone to foreigners, not Americans

https://www.naturalnews.com/2023-06-05-majority-new-jobs-america-went-to-foreigners.html

June 05, 2023 -

According to the Bureau of Labor Statistics (BLS), there have been more than 3.3 million new jobs created since the peak that occurred just prior to the Wuhan coronavirus (COVID-19) crash. This, we are told, serves as evidence that the economy is strong and in much better shape than it actually is.

It would appear as though fake president Joe Biden and his regime have made an incredible accomplishment by erasing the deficit of some 22 million COVID-related job losses in ...

Ford resumes Michigan EV battery plant but reduces production capacity by 40%, drops about 800 jobs

https://www.naturalnews.com/2023-11-30-ford-resumes-michigan-ev-plant-reduces-capacity.html

November 30, 2023 -

"We are pleased to confirm we are moving ahead with the Marshall project, consistent with the Ford+ plan for growth and value creation. We have been evaluating BlueOval Battery Park Michigan in Marshall," Ford said. "While we remain bullish on our long-term strategy for electric vehicles, we are re-timing and resizing some investments." The said project was paused two months ago, with Ford citing issues on the site's future economic viability as it was losing billions of dollars ...


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