Even as Revenues Grow, Amazon to Lay off 14,000. Why? AI & Corporate Efficiency. Walmart and Others Toot Similar Horn by Wolf Richter • Oct 28, 2025 • 171 Comments Revenue growth without employment growth. But Amazon spent $78 billion on capex in 2024 and more in 2025. So companies that get this cash hire more people than Amazon sheds?
Jobs Report to Get Hit by 100,000 Federal Government “Deferred Resignations” on top of the Jobs Already Shed. But ICE Is Hiring by Wolf Richter • Oct 4, 2025 • 74 Comments Bringing federal job losses to over 200,000 since January. Excluding federal & state, nonfarm payrolls haven’t been all that bad.
ADP Employment Report: -32,000 Jobs in September after -43,000 Annual Adjustment to Benchmark ADP data to BLS Data by Wolf Richter • Oct 1, 2025 • 66 Comments Pre-benchmarking jobs: +11,000. Private-sector measures not immune to data mess. Trend shows “employers have been cautious with hiring.”
The Labor Market in New Era of Low Churn, Uneasy Calm, Government Job Losses, and Crackdown on Illegal Immigration by Wolf Richter • Sep 30, 2025 • 20 Comments Government job openings plunged 23% year-over-year. Federal government hires plunged 33% year-over-year.
RTO Has Stalled, There’s Been Hardly any Reduction in WFH since Early 2023 by Wolf Richter • Sep 10, 2025 • 98 Comments And there’s a big mismatch between what employers are offering and what workers want.
Annual Benchmark Payroll Revisions: Nonfarm Job Creation for 12 Months to March Chopped by 911,000, to 1.44 Million Jobs Created by Wolf Richter • Sep 9, 2025 • 63 Comments Based on employers’ quarterly payroll filings. Why wait so long for revisions? Do it quarterly!
My Thoughts about that August Jobs Report by Wolf Richter • Sep 5, 2025 • 122 Comments Federal & State Governments Shed 28,000 Jobs in August. Private-sector hiring machine slows, waiting for clarity, but layoffs remain very low.
Despite all the Shouting by the Cut-Rates-Now Crowd, Unemployment Claims Do Not Depict a “Cracking” Labor Market by Wolf Richter • Sep 4, 2025 • 60 Comments Unemployment claims are even with a year ago and are below two years ago.
Slowing Supply of Immigrant Labor & Slowing Job Growth Keep the Job Market “in Balance” and the Unemployment Rate Low, Push Up Wages. Powell Talked about It by Wolf Richter • Aug 1, 2025 • 138 Comments The Fed’s dual mandate is “stable prices and maximum employment, not so much growth” in employment, he said at the press conference.
About this Churn in the Job Market by Wolf Richter • Jul 29, 2025 • 26 Comments The epic red-hot turnover in the labor market in 2021 and 2022 that had reshuffled the entire work force is over.
