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WQAD.com
Economy
Federal Reserve slashes interest rates in first cut since 2020
Economy
US hiring rebounds slightly and unemployment rate dips in sign of still-slowing job market
Collectively, Friday’s figures depict a job market slowing under the pressure of high interest rates but still growing.
Local News
Illinois employment agency hosts resource fair in Moline for workers recently laid off
A former welder used the employment resource fair to find his next opportunity.
Local News
Illinois employment agency organizes unemployment resource fair for workers laid off at John Deere
A former welder used the employment resource fair to find his next opportunity.
Local News
Black Hawk College putting on resource fair for anyone impacted by layoffs
Staff members of the Illinois Department of Employment Security will be available to help with unemployment applications.
John Deere
John Deere releases Q3 earnings: How CEO John May addressed cost-cutting measures, layoffs
John Deere reported a $1.734 billion net income in Q3 and maintained its $7 billion projection for fiscal year 2024.
Local News
Quad Cities-based Group O moves forward with expected layoffs
A company spokesperson said the job cuts are due to losing a contract.
Local News
Quad Cities-based Group O moving forward with expected layoffs
The company said the job cuts are due to losing a contract but did not provide any additional details.
State
Farm equipment manufacturer Kinze announces nearly 200 layoffs in Williamsburg, Iowa
The company cited economic challenges in the agriculture sector as the reason for the layoffs of 193 employees.
State
Farm equipment manufacturer Kinze announces nearly 200 layoffs in Williamsburg, Iowa
The company cited economic challenges in the agriculture sector as the reason for the layoffs of 193 employees.
Supreme Court
Supreme Court, siding with Starbucks, makes it harder for NLRB to win court orders in labor disputes
The labor dispute began in February 2022, when Starbucks fired seven workers who were trying to unionize their Tennessee store.
Your Money
Your Money with Mark: Breaking down the Department of Labor's May employment report
Last month, the economy added 270,000 new jobs. However, the national unemployment rate did jump from 3.9% to 4%.
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