April 24, 2023
“Disney began its second, larger wave of layoffs Monday, bringing total job cuts in recent weeks to 4,000 when the latest round is completed. Earlier this year, Disney said it would slash 7,000 jobs from its workforce as part of… Continue Reading…
April 7, 2023
“…The Labor Department reported Friday that payrolls grew by 236,000 for the month, compared to the Dow Jones estimate for 238,000 and below the upwardly revised 326,000 in February. The unemployment rate ticked lower to 3.5%, against expectations that it… Continue Reading…
March 8, 2023
“Recession — and layoff — fears loom large over many households. Nearly half of U.S. adults feel the country is already in a recession, a Morning Consult report found. Economists say the chance of a recession in the next 12… Continue Reading…
March 8, 2023
“Job openings declined slightly in January but still far outnumber available workers as the labor picture remains tight, according to data released Wednesday. The Labor Department’s Job Openings and Labor Turnover Survey showed there are 10.824 million openings, down some… Continue Reading…
January 13, 2023
“…A whopping 96% of workers are looking for a new position in 2023, largely in search of better pay, according to a recent report by jobs site Monster.com… Nearly half, or 40%, of jobseekers need a higher income due to inflation and rising… Continue Reading…
October 18, 2022
“Workers are pushing for greater pay transparency, whether employers like it or not. Such conversations around income expectations used to be “the elephant in the room,” said Vicki Salemi, career expert at Monster.com. Now, 33% of job seekers said they… Continue Reading…
August 30, 2022
“There were nearly 1 million more job openings than expected in July, an inflationary sign that the U.S. labor market is still extremely tight, the Bureau of Labor Statistics reported Tuesday. Available positions totaled 11.24 million for the month, well… Continue Reading…
August 23, 2022
“…Best Buy, Ford Motor, HBO Max, Peloton, Shopify, Re/Max, Walmart and Wayfair are among the firms that announced layoffs in recent weeks. Meanwhile, 50% of firms are anticipating a reduction in overall headcount, while 52% foresee instituting a hiring freeze and 44% rescinding job offers, according to a PwC survey of… Continue Reading…
August 12, 2022
“Despite some indications of an economic slowdown, the job market remains remarkably stable, and many workers have reaped the benefits. In fact, a record number of employees quit their jobs, found new positions and renegotiated along the way. But not… Continue Reading…
July 7, 2022
“Workers are still reaping the benefits of a hot labor market characterized by few layoffs, ample job openings and a high level of voluntary departures, according to U.S. Department of Labor data issued Wednesday. The numbers reveal that the pandemic-era trend… Continue Reading…
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