US Layoffs Surge To 2020 Levels As Economic Turmoil Grows: Study
Layoffs are sweeping across the country at a pace not seen in years, hitting government workers, retail employees, and tech professionals the hardest, according to a new study.
US employers announced 172,017 layoffs in February, the highest total since the height of the COVID-19 pandemic in July 2020, according to a report released by outplacement firm Challenger, Gray & Christmas on Thursday, Mar. 6. Last month's cuts were 245 percent higher than January and more than double the job losses from February 2024.
February marked a dramatic spike in job losses, as businesses and federal age…
Some Americans Must File Tax Returns In March: Here's Who, Why
The Internal Revenue Service (IRS) has alerted some American workers that they face an early tax deadline.
Those in the group who did not make estimated tax payments by Wednesday, Jan. 15, 2025, must file their 2024 federal income tax returns and pay any taxes owed by Monday, March 3, 2025.
Due to the deadline falling on a Saturday, it has been extended from the usual Saturday, March 1, to Monday, March 3.
Details of the Early Deadline
Farmers and fishers who qualify for this special deadline are those who derived at least two-thirds of their gross income from their respective…
