News
Fox Business | Planned Layoffs Fall 20% in September
The number of planned layoffs at U.S. firms fell 20 percent in September, even as cuts in the healthcare sector more than doubled from the prior month, a report on Thursday showed.
Bloomberg | Jobless Claims in U.S. Rose Less Than Forecast Last Week
Fewer Americans than forecast filed applications for unemployment benefits last week, indicating U.S. employers were maintaining staff counts in the days leading up to the government shutdown.
Bloomberg | United Technologies Sees 5,000 Jobs at Risk in Shutdown
United Technologies Corp. (UTX), a supplier of helicopters and jet engines to the U.S. military, said an extended government shutdown would force furloughs of as many as 5,000 workers.
Econ Comments & Analysis
US News | The Rise of Semi-Retirement
Switching directly from a full-time job that consumes most of your waking hours to retirement can be a very abrupt change. More than a third of working Americans say they would like to semi-retire, or cut back their hours, before retiring completely, according to a recent HSBC and Cicero Group survey. Workers have both personal and financial reasons for preferring to gradually transition into their retirement years.
