The furious pace of job-switching in recent years has led to big gains for low-wage workers. But the pendulum could be swinging back toward employers.
Category: Labor and Jobs
Affirmative Action Ruling May Upend Diversity Hiring Policies, Too
The Supreme Court decision on college admissions could lead companies to alter recruitment and promotion practices to pre-empt legal challenges.
What Recession? Some Economists See Chances of a Growth Rebound.
The Federal Reserve has raised rates rapidly. But instead of cracking, some data point to an economy that’s thriving.
Immigration Rebound Eases Shortage of Workers, Up to a Point
While the Biden administration has accelerated processing after Trump-era restrictions and a pandemic slowdown, visa backlogs remain large.
U.S. Hiring Surges With January Gain of 517,000 Jobs
The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.
U.S. employers added 517,000 jobs in January.
The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
Tech Layoffs Shock Young Workers. The Older People? Not So Much.
The industry’s recent job cuts have been an awakening for a generation of workers who have never experienced a cyclical crash.
Britain’s Economic Health Is Withering With Sick Workers on the Sidelines
Many people who want to work can’t because of long-term health problems, a persistent issue that is causing Britain’s economy to go “into reverse.”
US Added 223,000 Jobs in December, a Slight Easing in Pace
The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.