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Reed SmithMost of the firm’s professional assistants and “select professional staff” will move to a shorter work week and will see compensation reductions.June 5
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“Employers are grappling with the seemingly endemic skills gaps in healthcare, supply chain and skilled trade fields,” says Rachel Carlson, CEO of Guild Education.May 11
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With factories, schools and shops shuttered around the world, lockdowns, pay cuts and layoffs are affecting 38% of the global workforce.April 8
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During recessions, not only do layoffs accelerate, but hiring drops sharply, exacerbating the labor market weakness.April 6
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“This morning’s data leaves no doubt that the economy is currently in a recession,” said Matthew Luzzetti, chief U.S. economist at Deutsche Bank.March 26
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Locales with high concentrations of jobs in industries such as retail and health care could see as much as a 4% decline in their annual growth rate if the shutdowns last just a month.March 24
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Employers are dealing with seismic changes in the new workplace normal of entire WFH staffs, stressed-out workers — and layoffs ahead. Welcome to Remote America.March 19
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A $15/hour federal minimum wage would backfire, according to recent findings from the Competitive Enterprise Institute.October 13
