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Economy

“US job openings fall to 8.5 million in March, the lowest level in more than 3 years”

” U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates… Monthly job openings… Continue Reading…

Economy

“Why the job market has stayed so hot for so long”

“When you use a pressure cooker, it can take an annoyingly long time after your dish is done cooking for the pot to cool to the point where you can safely open the lid. And so it is with the U.S. job… Continue Reading…

Economy

“1 in 4 Americans fear losing their job this year — what’s causing it?”

“…The new survey of 2,000 employed adults examined how workers see themselves in their current roles, finding that many believe they’ll receive a pink slip sooner rather than later. Their concerns stem from distress about the job market (25%) and knowing… Continue Reading…

Economy

“Job growth zoomed in March as payrolls jumped by 303,000 and unemployment dropped to 3.8%”

“…Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the Labor Department’s Bureau of Labor Statistics reported Friday…” https://www.cnbc.com/2024/04/05/job-growth-totaled-303000-in-march-better-than-expected-and-unemployment-was-3point8percent.html I dont… Continue Reading…

Business, Personal Finance

“Gen Z embraces side hustles because ‘loyalty is dead’”

“…A growing number of young workers like Fischer are taking on side hustles to make extra cash, develop their skills, build their relationships and release creative energy by selling online tutorials, products and services and influencing on social media. Gen… Continue Reading…

Business, Economy

“Fast food workers are losing their jobs in California as new minimum wage law takes effect”

“Fast food workers are losing their jobs in California as more restaurant chains prepare to meet a new $20 minimum wage set to go into effect next week. Restaurants making cuts are mostly pizzerias, according to a report published by The Wall… Continue Reading…

Economy

“Lyft and Uber say they’ll leave Minneapolis after city requires drivers to be paid more”

“MINNEAPOLIS — Lyft and Uber said they will cease operations in Minneapolis after the city’s council voted Thursday to override a mayoral veto and require that ride-hailing services increase driver wages to the equivalent of the local minimum wage of… Continue Reading…

Business, Economy

“You’ll have almost zero competition to land a ‘highly paid’ job in these 10 cities”

“… Here are the cities with the least competition for highly paid jobs: … “The salaries of the high-paying jobs are relative to the median salaries in each state or city, so the competition rates are more reflective of a… Continue Reading…

Business

“Wayfair shares surge after home goods retailer announces 1,650 job cuts, 13% of workforce”

“Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of management and reduce costs after going “overboard” with corporate hiring during the Covid pandemic, it… Continue Reading…

Economy

“US job growth beats expectations in December; wages rise solidly”

“…Nonfarm payrolls increased by 216,000 jobs last month, the Labor Department’s Bureau of Labor Statistics said in its closely watched employment report on Friday. Data for November was revised lower to show payrolls rising 173,000 instead of 199,000 as previously… Continue Reading…