CEOs consider slashing benefit budgets amid tariff concerns
A historic decline in CEO confidence reveals that leaders will be looking to cut costs and slow hiring to address economic uncertainty.
Economic indicators
Voya reveals ‘severe impact’ on retirement savings due to tariffs
A third of employees say they are struggling to save for retirement due to tariffs and other economic stressors.
A job-hopping slowdown could be a boon for retirement savings
Wage growth for job-hoppers is on the decline, but that might be a good thing for long-term retirement savings.
Here’s how much millennials and baby boomers want to save this year
While 64% of Americans feel confident about their finances this year, the right workplace benefits can help them meet their goals.
Jobless rate ticks up to 4.1%
The labor market has cooled more in the second quarter than previously estimated.
Consumer confidence in the US declines ahead of debt-ceiling deal
The share of consumers who said jobs were "plentiful" fell to the lowest level in more than two years.
Black unemployment hits record low, but participation falls
The unemployment rate for Black workers retreated to 4.7% last month, falling below 5% for the first time ever.
Accenture is delaying new-hire start dates on top of layoffs
The company is looking to recalibrate its massive workforce for a more cost-conscious environment.
To battle inflation, employees are forgoing healthcare
For employees, managing rising costs of healthcare, food and other consumer goods is no small task. Here's how employers can help.
Why this economist calls the healthcare system ‘a cancer on the American dream’
Industry expert Sylvester Schieber breaks down the challenges of the healthcare industry — and outlines steps toward better, affordable care.
U.S. job openings fall below 10 million for first time since 2021
The largest declines in vacancies were in business services, healthcare and social assistance, and transportation, warehousing and utilities.
Layoffs at tech giants driving high vacancies in office real estate
Some 174 million square feet of office space — double San Francisco's entire inventory — is available for sublease across the U.S.
Job growth continues to exceed expectations, shows ADP data
Private payrolls increased by 242,000 in February.
Study finds that 15% of the labor force may be independent contractors
The findings suggest a greater share of the workforce lacks protections — such as benefits, labor regulations and insurance — afforded to employees.
Goldman cuts U.S. recession odds to 25%
Economists at Goldman Sachs said the risk of a U.S. recession is receding amid a persistently strong jobs market and signs of improving business sentiment.
Union membership slumps to pre-pandemic levels
The share of wage and salary workers who were members of unions was 10.1% last year, below 2019's 10.3%.
U.S. job openings top forecasts in a resilient labor market
Hiring, while moderating, remains solid and layoffs low.
Jobless claims show that businesses are reluctant to lay off workers
The ongoing imbalance between supply and demand for labor continues to put upward pressure on wages.
WTW predicts salary increases will rise by 4.6% in 2023
Lesli Jennings, a senior director at Willis Towers Watson, shares her predictions on salaries for 2023 and offers advice on how employers can meet expectations.
