Topic: #labor
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US employment data reveals volatile pattern of gains and losses in 2026
US job growth swung sharply in 2026, with strong April and May figures followed by July contraction, while 2025 posted the slowest annual job creation outside recession since 2003.
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Volkswagen considers 100,000 job cuts amid EV transition pressure
Volkswagen is weighing cuts of up to 100,000 jobs globally and the closure of four German plants as it struggles with rising EV competition and declining profitability. The restructuring, if executed, would rank among the largest in automotive history.