Jobs

Bertucci’s, an Italian restaurant chain with locations along the East Coast, has filed for bankruptcy for the third time since 2018 and closed seven restaurants across three states.

The figure reported on Wednesday is well below economists’ estimates of 115,000 jobs and also down sharply from the prior month’s reading of 155,000 jobs.

Merck CEO Robert Davis spoke about the new state-of-the-art biologics center slated to be based in Wilmington, Delaware that could eventually provide thousands of jobs.

The New York Federal Reserve's consumer expectations survey found Americans are lowering their expectations for starting wages at a new job compared with November 2024.

Jason Clinton, Anthropic CISO, says the company anticipates AI employees will appear on corporate networks in the next year, Axios reported.

Pope Francis died at the age of 88, and the late pope discussed economic issues during his 12 years leading the Catholic Church, urging more opportunities for the poor and young.

Allianz economists are forecasting that the unemployment will rise to 5% by early 2026, though mass layoffs aren't expected as inflation raises consumer prices due to Trump's tariffs.

More than 1,000 illegal alien workers without employment authorization have been arrested since Jan. 20 and businesses in violation are facing a combined $1 million in fines, ICE said.

A new analysis by Goldman Sachs economists on the labor market impact of tariffs found that President Trump's tariffs may boost manufacturing but shrink the overall American workforce.

The New York Federal Reserve's new survey of consumer expectations found Americans are more pessimistic about the labor market amid concerns over rising unemployment.

Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker balance sheets struggled to make debt payments.

The Department of Government Efficiency (DOGE) uncovered tens of thousands of unemployment claims for claimants with improbably high or low ages, which the Labor Department confirmed.

General Motors said Thursday that it is temporarily laying off hundreds of workers at its all EV-plant in Detroit in response to market dynamics.

The Trump administration's messaging on the objectives of the president's tariff plans has been wide-ranging, with the administration saying multiple things can be true at once.

The White House released a statement on Friday, noting March's job report shows the private sector is "roaring back" under the Trump administration.