Jobs
‘Unretirement’ is becoming a hot new trend in the sizzling U.S. labor market
A worker grinds a weld on a safe that is being manufactured at Liberty Safe Company on March 22, 2022 in Payson, Utah. George Frey | Getty Images The Covid pandemic sent more than 8 million workers to the sidelines at one point, including many folks who decided it was the right time to retire […]
Read More
Biden touts $1.5 trillion budget deficit reduction — but he’s not telling the whole story
U.S. President Joe Biden speaks while meeting with small business owners in the Eisenhower Executive Office Building in Washington, D.C., on Thursday, April 28, 2022. Samuel Corum | Bloomberg | Getty Images President Joe Biden on Wednesday tried to cast his administration as spending hawks, touting sizable reductions in the federal deficit this fiscal year […]
Read More
White House to host union organizers representing Amazon, Starbucks workers
U.S. Vice President Kamala Harris will host a White House meeting with organizers from unions seeking to represent workers at Amazon.com, Starbucks and other employers. Kent Nishimura | Los Angeles Times | Getty Images U.S. Vice President Kamala Harris will host a White House meeting on Thursday with organizers from unions seeking to represent workers […]
Read More
The Great Resignation is still red hot — but may not last
Peter Dazeley | The Image Bank | Getty Images The pandemic-era trend known as the “Great Resignation” is still red-hot, as workers enjoy the perks of record-high demand for their labor. However, economic headwinds mean those benefits may not last much longer, according to economists. A record 4.5 million workers quit their jobs in March, […]
Read More
The Federal Reserve’s fight with inflation could cool the hot labor market, risking stagflation
The Federal Reserve is hiking interest rates in an effort to defuse an explosive year of price inflation. But global forces could neutralize the effects of that tightening of monetary policy, and keep inflation high. Some observers believe the U.S. government may have misread the looming threat of inflation. During the pandemic, Uncle Sam dispersed […]
Read More
Even in a tight job market, recruiters say these 4 red flags will cost you the offer
It’s a job-seeker’s market, and companies are focused on working quickly and efficiently to fill scores of openings. But with the rapid rate of quitting and hiring in the last year, some recruiters are rethinking the signs that someone could be a good employee, and what could nix them from getting to the next round […]
Read More
What Ford, a 9-to-5 workweek pioneer, is learning about the hybrid office
Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images After several setbacks and delays due to the Covid-19 pandemic, Ford Motor Co. finally started to welcome its salaried workforce back to its offices earlier this month. It also came alongside a significant shift in workplace policy from […]
Read More
Cuts to unemployment benefits didn’t spur jobs, says report
A “We’re Hiring” sign hangs on the front door of a toy store in Greenvale, New York, on Sept. 30, 2021. John Paraskevas/Newsday RM via Getty Images State cuts to pandemic unemployment benefits last summer had a small impact on hiring, suggesting enhanced funding for the unemployed didn’t play a big role in labor shortages, […]
Read More
Here’s how to choose a health insurance plan that fits your budget and life
Most Americans struggle to figure out which health insurance plan will save them money. It is a process that can be confusing, time-consuming and costly. A study of almost 24,000 employees at a major Fortune 100 company found that 61% of them chose the wrong plan for their needs. The average employee could have saved […]
Read More
Market will break out of slump due to peaking inflation, Evercore ISI predicts
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to the last time stocks and bonds fell together: 1994. “The market just sort of digested it, and there was a lot of sideways […]
Read More