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Business

U.S. labor market shows signs of strain as jobless claims increase

iraqbulletin.co
The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S. Department of Labor. The increase of 22,000 from the previous week surpassed analysts' expectations of...
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Meta lays off 3,600 employees as tech sector job cuts continue

iraqbulletin.co
Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs, which began on February 10, are being classified by the company as "performance terminations," targeting...