Jobs

The U.S. economy continued to see healthy job growth in May, indicating the labor market is still strong despite headwinds from rising interest rates, soaring inflation, a worsening labor shortage and fears of a slowdown.

Tesla will be pausing hiring worldwide and jobs cuts are coming at the electric carmaker.The company had around 100,000 employees at the end of 2021

Here are the key events taking place on Friday that could impact trading including the monthly jobs report, services update and earnings.

The Labor Department's May jobs report is expected to show that while payroll growth continued at a modest pace, it slowed markedly from previous months.

Cryptocurrency exchange Gemini is cutting its staff as the company prepares for "turbulent market conditions that are likely to persist for some time" the firm disclosed.

Parler CEO George Farmer warned that the "perfect storm" is headed for the tech industry, as April pink slips hit their highest hand-out rate in two years.

Private companies added just 128,000 jobs in May, sharply, marking the worst month for job creation since April 2020, when the pandemic shut down a broad swath of the nation's economy.

United's flight training center in Denver is getting a $100 million upgrade to help support the airline's pilot hiring efforts through 2030.

Amazon warehouse workers reportedly staged a walkout at a facility in Bellmawr, New Jersey, on Wednesday, accusing the company of not keeping its word.

FOX Business' Stuart Varney discusses the alarming impact of inflation on energy and labor sectors as the Biden admin grapples with frustrated Americans.

ZipRecruiter chief economist Julia Pollak, while discussing the jobs market, said there's an opportunity "now" for almost anyone to further their career

A near-record number of Americans quit their jobs in April, while employers posted a high number of open jobs, suggesting the labor market remains extremely tight.

With 11.4 million job openings in the U.S., robots are being lined up to fill some of the roles.

In a message shared on Twitter on Tuesday, Tesla CEO Elon Musk told the company's workers that working remotely and outside main offices is "no longer acceptable."

Bank of America Vice Chairman and CIO Keith Banks on what the Fed must do to combat US inflation as global research shows a dim future for economic growth.