losses

Job Losses and Wall Street Woes Cloud NYC’s Economic Outlook

by
Home health aides are rallying ahead of a sit-in outside City Hall to demand the passage of a bill ending 24-hour shifts.

New York City is losing jobs, making life difficult for Mayor Zohran Mamdani as he seeks to close a massive budget deficit while emphasizing economic justice over growth. The city lost 20,000 jobs by 2025 to end the year with 4.823 million employees, according to updated employment figures released Thursday by the state labor department. … Read more

TSP funds see losses in March | Federal News Network

by
TSP funds see losses in March | Federal News Network

It was a tough March for Thrift Savings Plan. 15 of the 16 funds had monthly declines and only the G Fund showed growth last month. The I Fund saw a steep decline, losing more than 9% month-on-month. L funds are also reflecting tough market conditions, losing anywhere from 3% to nearly 7% for March. … Read more