Labor economy

Washington D.C. unemployment spikes as Trump and Musk begin efforts to shrink the government

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C.,…

CFPB staff purge begins with dozens of employees terminated

Office of Management and Budget (OMB) Acting Director Russell Vought speaks with reporters during a press briefing at the White…

Fintech unicorn Zepz to lay off 200 employees, sources say

Mark Lenhard, CEO of U.K.-based remittances platform Zepz. Lukas Schulze | Sportsfile for Web Summit via Getty Images LONDON —…

Trump’s federal employee buyout plan could be extended

U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S.,…

U.S. judge declines to block Elon Musk’s DOGE from Labor Department systems

Tesla and SpaceX CEO Elon Musk arrives to the inauguration of U.S. President-elect Donald Trump in the Rotunda of the…

Here’s where the jobs are for January 2025 — in one chart

Health care was a bright spot once again for the U.S. economy in January, even as overall job growth showed…

White House blames Biden for jobs data, touts Trump plan

President Donald Trump’s new Press Secretary Karoline Leavitt is interviewed by FOX News on her first full day of work…

Trump administration demands lists of low-performing federal workers

U.S. President Donald Trump walks on the day of the annual National Prayer Breakfast at the U.S. Capitol in Washington,…

Trump federal employee buyout deadline faces court challenge

Trump supporters walk near the U.S. Capitol building as the sun sets the day U.S. President Elect Donald Trump was…

Why more retirement-age Americans keep working

When it came time for Diane Wetherington to consider retirement, reality quickly set in. The 72-year-old debated devoting her time…