Summary
- Job losses across the Construction, Retail Trade, and Information sectors have been on a downward trend for the past few months.
- Conversely, job losses within the Educational Services, Wholesale Trade, Real Estate, and Rental and Leasing sectors have been on an upward trend over the past six months, showing no signs of slowing down.
- Despite a nationwide slowdown in job postings, there remain approximately two job postings per employee in these troubled sectors. Interestingly, these sectors have also experienced an increase in salary levels.
Layoffs in Headlines
- Walgreens continues its layoffs across Illinois, closing an e-commerce distribution center in Edwardsville, which will affect 393 employees.
- AT&T filed two WARN notices in New Jersey and Illinois, affecting a total of 108 employees.
- Johnson Controls has notified the state of Kansas about its plans to reduce 250 jobs at its plant in Wichita.
Other Notable Layoff Events
- Accenture LLP continued its job cuts in Austin, Texas, adding a total of 218 additional layoffs to those made in May.
- Robinhood Markets filed two WARN notices in Florida and California, resulting in 68 job cuts.
- GXO LOGISTICS continued its job cuts, this time affecting 77 employees in Fairburn, GA.
Navigating Future Economic Shifts
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