Labor hoarding holds key to how severe a U.S. recession may get
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
Industry News
Worried you’re going to lose your job? Here’s what to do
An approaching recession means that employees need to be prepared for layoffs
U.S. job openings fall to 10.7 million, lowest since September
The number of job openings in the U.S. fell to its lowest in nine months.
Google, Apple back affirmative action in Harvard case
The corporate world, facing increased public pressure, is speaking out more about hot-button issues like affirmative action in university admissions processes
Work-from-home era faces toughest test yet with looming recession
During the pandemic employees gained power in the workplace. But a recession is shifting the leverage back to employers.
Shopify cuts jobs, joining Netflix and Apple in slowdown
Tech companies are reevaluating their staffing needs by instituting hiring freezes, rescinding offers and making rounds of layoffs.
Great Resignation is slowing amid high inflation, Randstad says
Workers less likely to quit their jobs because of increasing living costs and inflation
Older Americans go back to work in next frontier of labor force
A mixture of high-inflation and periodic recessions are gouging one of America's most vulnerable populations, seniors.
Amazon to buy One Medical for $3.49 billion in all-cash deal
Amazon is prioritizing healthcare in their investment strategy with the acquisition of primary care company, One Medical.
Teens flock back to summer jobs
The participation rate for teens in the job market last month increased to 42.9%, the highest for any June since 2009.
Is the U.S. in a recession? How to prepare for an economic downturn
More than half of Americans believe the country is currently in a recession.
Millions of Americans regret quitting in the Great Resignation
More than 25% of people who left their jobs are reconsidering their decision.
Apple union getting calls from ‘all over’ after win in Maryland
The labor group that helped orchestrate the first successful unionization campaign at an Apple store said it’s eager to begin negotiating with the company.
UnitedHealth rejected by Supreme Court on Medicare overpayments
The rejected appeal leaves in place a federal rule designed to allow the government to recoup billions of dollars in overpayments from insurers.
Millennials are far more likely to quit jobs than Gen Z
About two-thirds of bosses say that Millennials have the highest churn rate in their companies.
U.S. unemployment claims reach a year-long high
Applications for U.S state unemployment insurance rose by the most in nearly a year.
Uber CEO predicts no job cuts despite the possibility of a recession
Uber CEO Dara Khosrowshahi said the company is “recession resistant” and doesn’t see a need for job cuts.
Starbucks illegally closing New York cafe to retaliate, union claims
The workers’ union at Starbucks filed a complaint accusing the company of illegally shutting down a recently-unionized cafe.
10 highest paying states for veterinarians
Veterinarians.org compared annual mean wages across the U.S., ranking where veterinarians earn the most and how their salaries compare to state averages.
Do student loan repayment benefits make the grade?
As the future of federal student loan debt and forgiveness remains uncertain, employees are looking to their employers to help shore up their financial futures.
