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The plan will ripple through the economy as personal spending and savings shift.
August 25 -
The demand for workers is decreasing amid hiring freezes and layoffs, unemployment claims have increased as a result.
August 11 -
Inflation decelerated in July by more than expected, reflecting lower energy prices.
August 10 -
Labor costs are staying elevated, which could prolong inflation in the U.S.
August 9 -
Qantas COO is asking office employees to step into service roles like luggage hauling because of stubborn labor shortages at airports.
August 8 -
In the face of a recession, companies are freezing recruitment, cutting jobs and tightening budgets.
August 5 -
Considering how tough of a time businesses had in securing workers during a labor shortage, the question is now how staffing will work in the face of a recession
August 4 -
An approaching recession means that employees need to be prepared for layoffs
August 3 -
The number of job openings in the U.S. fell to its lowest in nine months.
August 2 -
Tech companies are reevaluating their staffing needs by instituting hiring freezes, rescinding offers and making rounds of layoffs.
July 27