Job Losses
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X @The Wall Street Journal
The Wall Street Journal· 2025-12-23 21:10
Lexington, Neb., has been hit hard by the news that Tyson Foods is closing its sprawling meatpacking plant, which has provided steady paychecks for more than 3,000 workers. 🔗 https://t.co/X52l3BwjZS https://t.co/DvrccvfNQB ...
X @Nick Szabo
Nick Szabo· 2025-12-23 02:24
RT Aesthetica (@Anc_Aesthetics)How many times do we have to watch this exact situation play out? How many tens of thousands of Americans have to lose their jobs before we ban immigration from india?Every single time an indian is made CEO of an American company their number one goal is to fire Americans and hire indians. ...
X @The Economist
The Economist· 2025-12-17 02:00
Industry Trend - The industry suggests that despite fears of job losses due to the rise of artificial intelligence, it is not all bad news [1]
X @The Wall Street Journal
The Wall Street Journal· 2025-11-06 17:27
Job Market Trends - Employers cut over 1 million jobs so far this year [1] - Job losses sharply increased compared to the same period last year [1]
X @Investopedia
Investopedia· 2025-11-05 01:00
The adoption of labor-saving artificial intelligence technology could help push down inflation to pre-pandemic levels, but it could also lead to job losses along the way, at least one economist predicts. https://t.co/hikG9BaMx6 ...
Property tax raid ‘puts 120,000 high street jobs at risk’
Yahoo Finance· 2025-10-27 14:26
Core Viewpoint - The proposed increase in business rates by the Chancellor is expected to jeopardize approximately 120,000 jobs in the retail and hospitality sectors, as businesses face higher costs and potential closures [1][2][4]. Group 1: Impact on Employment - The British Retail Consortium (BRC) and UK Hospitality estimate that hundreds of sites could close due to the business rate changes, leading to around 120,000 job losses [2]. - Retail and hospitality leaders have expressed concerns that the changes will force large "anchor" stores and entertainment venues to shut down, further impacting employment [4]. Group 2: Business Rate Changes - The proposed overhaul of business rates will increase levies on larger premises to alleviate costs for smaller sites, set to take effect next April [2][3]. - Labour argues that the reform aims to revive city centres by leveling the playing field between high street retailers and online giants [3]. Group 3: Industry Concerns - Retail and hospitality executives have called for exemptions from the higher business rates to protect jobs and anchor stores [4][5]. - Tesco and Sainsbury's have warned that increased business rates could accelerate the decline of high street businesses [5]. Group 4: Consumer Spending and Economic Pressure - Businesses are facing additional pressure as consumer spending declines, with retailers reporting a 27% drop in sales year-on-year as of October [6]. - Consumer confidence remains low, exacerbated by caution ahead of the upcoming Autumn Budget [6]. Group 5: Rising Costs - The planned changes to business rates could lead to increased food prices, which have already risen by nearly 5% over the past year [7]. - Retailers are also dealing with higher costs from previous budget measures, including increased employer National Insurance rates and minimum wage [7].
X @The Wall Street Journal
The Wall Street Journal· 2025-10-14 05:58
"It felt like the floor fell out." Work in L.A.'s entertainment economy is evaporating, and the city's creative class is hanging on by a thread. 🔗 https://t.co/f21e6tzJ7G https://t.co/oeK8kyHz5D ...