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U.S. employment plummeted last month in the first decline since 2010, offering an initial look at the widespread devastation the coronavirus pandemic has already begun to wreak on the once-strong labor market.
Payrolls fell 701,000 from the prior month — compared with the median forecast of economists for a 100,000 decline — according to Labor Department data Friday that mainly cover the early part of March, before government-mandated shutdowns forced firms to lay off millions more workers.
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Tammy Sun saw the need for education and resources that prepare and help women navigate this midlife stage, so she added a virtual clinic to the fertility company’s offerings.
The U.S. fell three spots to 24th in a global retirement ranking, highlighting growing pressure on employers to help workers save and plan for rising costs.
For smaller organizations without dedicated human resources staff, routine tasks can mask bigger risks tied to employee disputes, benefits administration, and compliance requirements.
Asking difficult questions, pushing for transparency, and challenging how prices are set have helped a healthcare provider offer better coverage to its employees.
With health benefit costs expected to rise 8.2% in 2027, employers are looking for ways to control spending without simply shifting more costs to workers.
