Tag: economy

January 5, 2024

Why Companies Still Aren’t in a Firing Mood

Why Companies Still Aren’t in a Firing Mood

Why Companies Still Aren’t in a Firing Mood Even as recession fears swirled last year, companies were reluctant to let workers go. What will the rising hope of a soft landing for the economy do for the job market? By  Justin Lahart Jan. 4, 2024 5:30 am ET   A lot of people spent muchRead More

August 30, 2023

Job Market Cools but Is Far From Freezing

Job Market Cools but Is Far From Freezing

The pace of hiring is slowing, but employers would rather hang onto their workers than lay them off By Justin Lahart Follow Aug. 29, 2023, 12:27 pm ET The heady demand for workers that the pandemic kicked off is subsiding. But even as worries about the economy persists, employers are in no rush to startRead More

August 22, 2023

Pay for New Hires Is Shriveling

Pay for New Hires Is Shriveling

After years of salary increases, businesses across the economy say they’re reducing starting salaries for recruits By Te-Ping Chen Aug. 21, 2023 9:00 pm ET ) Pay for new hires is starting to shrivel after years of hefty salary bumps, requiring workers to reset what financial gains to expect from switching to a new job.Read More

March 31, 2023

How to stay motivated during times of change and uncertainty

How to stay motivated during times of change and uncertainty

Organizational and business strategy changes are an integral part of the working world. Revising workflows, modifying strategies and hiring new talent are all necessary adjustments that are parts of the ebb and flow of any successful company. Ultimately, change is the means by which organizations keep up with advancements in technology, variations in the jobRead More

March 23, 2023

Job Openings in Manufacturing Remain Elevated

Job Openings in Manufacturing Remain Elevated

March 9, 2023 Ryan Secard Separations are slowing, but the number of job openings is still higher than the number of people looking for work. While job openings in the overall economy are falling, unfilled positions in manufacturing remain roughly stable. The latest Job Openings and Labor Turnover report from the Department of Labor foundRead More

March 10, 2023

Job Openings in Manufacturing Remain Elevated

Job Openings in Manufacturing Remain Elevated

March 9, 2023 Ryan Secard Separations are slowing, but the number of job openings is still higher than the number of people looking for work. While job openings in the overall economy are falling, unfilled positions in manufacturing remain roughly stable. The latest Job Openings and Labor Turnover report from the Department of Labor foundRead More

March 9, 2023

More Companies Start to Offer Daycare at Work

More Companies Start to Offer Daycare at Work

A persistent labor shortage and Biden administration incentives for chip makers are motivating more companies to explore on-site childcare By Te-Ping Chen Wall Street Journal On-site daycare is a rarity in American workplaces, but new government incentives and companies eager to attract and retain talent could soon make that benefit more common. The Biden administrationRead More

March 7, 2023

Long-Robust U.S. Labor Market Shows Signs of Cooling

Long-Robust U.S. Labor Market Shows Signs of Cooling

Long-Robust U.S. Labor Market Shows Signs of Cooling Private-sector readings show job postings receding more than government reports of job openings By Jon Hilsenrath and Bryan Mena Wall Street Journal March 1, 2023 5:56 pm ET Demand for U.S. workers shows signs of slowing, a long-anticipated development that is appearing in private-sector job postings evenRead More

March 6, 2023

Burned Out, More Americans Are Turning to Part-Time Jobs

Burned Out, More Americans Are Turning to Part-Time Jobs

The number of people working part-time rose by 1.2 million in December and January—most were people who chose it. ‘25 hours is the new 35.’ PHOTO ILLUSTRATION BY ANDREA D’AQUINO FOR THE WALL STREET JOURNAL, GETTY IMAGES (3) By Lauren Weber Feb. 25, 2023 12:00 am ET Part-time work is exploding. The number of AmericansRead More
How Companies Can Lose Workers Without Imposing Layoffs

How Companies Can Lose Workers Without Imposing Layoffs

Issuing subpar performance reviews or requiring relocation can thin ranks By Chip Cutter Feb. 26, 2023 5:30 am ET Companies are shedding some workers without imposing layoffs. Amid a wave of job cuts hitting U.S. white-collar workers, a number of employers are taking other approaches to manage their workforces. Some are adding new restrictions on remote work,Read More