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“Since the March jobs report, timely indicators such as initial ... ratio for Black workers dropped to 58.4%, the lowest since August 2022. Monthly data is highly volatile, especially for ...
The Santa Clara, California-based company had around 108,900 employees at the end of 2024, following a separate round of 15,000 job cuts in August of that year. Tan, who replaced former CEO Pat ...
At the end of last year, Intel had about 108,900 employees after already cutting 15,000 jobs in August 2024. The 65-year-old CEO is working to revive Intel after years of losing ground to competitors.
It's a Jobs Friday with a tariff twist. Today’s nonfarm payrolls report is the first to cover ... day—its longest winning streak since August. Asian and European stocks rallied.
Prior to his appointment, Tan stepped down from Intel’s board in August 2024 after reportedly clashing with Gelsinger over his management of the company, included his reported belief that Intel should ...
The increase in jobs exceeded the 133,000 forecast of economists polled by the Wall Street Journal. Many economists had expected to see signs of damage from the trade wars in the report.
The jobs report follows Commerce Department data this week that said the economy shrank at annual rate of 0.3% in the first quarter, its worst performance since early 2022. Although consumer and ...
Economists still expect a June rate cut, and Friday’s jobs report is unlikely to significantly shift that outlook. Forecasts for the April nonfarm payrolls report indicate that the US labor ...
The motion picture industry introduced 2,000 jobs in April — a welcome sight after a downturn in March — as Friday’s U.S. jobs report came in stronger than anticipated. In April, the U.S ...
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