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Good morning, Daily Money readers! It is I, Josh Rivera, with the top headlines from USA TODAY's Money & Tech team. |
Right off the bat, more than 857,000 people filed for unemployment benefits last week as businesses kept cutting workers amid fewer sales and depleted federal aid. |
Here's something to keep in mind: The Labor Department switched to a new method to seasonally adjust its weekly jobless claims figures which could result in a sharply lower claims totals. This is the second week USA TODAY is reporting with the adjusted figures, so we wanted to make sure you were aware of the change – in case you saw our numbers differ from other reports that don't use this figure. |
The amazing Paul Davidson breaks it down here, in case you want to read more. |
Speaking of jobs, Amazon is on a hiring spree. The company said yesterday it is seeking to bring aboard 33,000 people for corporate and tech roles in the next few months. Additionally, as we approach holiday season, you can expect to see more companies ramp up seasonal hiring. |
And when it comes to hiring, Target announced today it is planning to increase the diversity of its workforce and pledged to grow its percentage of Black employees by 20% over the next three years. |
The segues between topics today were beautiful, if I do say so myself. But before we part ways, here's my favorite story today: Is Kim Kardashian West's stock portfolio better than Warren Buffett's? (Spoiler alert: They're both rich.) |
Scroll down for more tech and money headlines. And thanks for reading! |
Josh Rivera, Money & Tech NOW editor |
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