Tag: economy

March 6, 2023

The Truth About the Four-Day Workweek, From People Who Have Tried It

The Truth About the Four-Day Workweek, From People Who Have Tried It

Some bosses say hours worked is the best proxy for productivity. Many workers say output is the only metric that matters.   By Gretchen Tarrant Feb. 25, 2023 5:30 am ET More companies are experimenting with the four-day workweek, and workers who have tried it are divided on how fruitful an abbreviated schedule can be. Hundreds ofRead More
Long-Robust U.S. Labor Market Shows Signs of Cooling

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

By Jon Hilsenrath WALL STREET JOURNAL March 1, 2023 5:30 am ET Demand for U.S. workers shows signs of slowing, a long-anticipated development that is showing up in private-sector job postings even while official government reports indicate the labor market keeps running hot. ZipRecruiter Inc. and Recruit Holdings Co., two large online recruiting companies, sayRead More
Over Half of US Manufacturing Employees Plan to Leave Their Jobs in 2023: Survey

Over Half of US Manufacturing Employees Plan to Leave Their Jobs in 2023: Survey

Feb. 27, 2023 Surveyed factory workers cite PTO and high-tech facilities as top personal priorities for their workplaces. A new survey of factory workers by Austin, Texas-based business software company Epicor reveals that high turnover is likely to remain a major feature of the manufacturing sector through 2023, and that many frontline workers tend toRead More

February 14, 2023

Need Workers? Hiring Job Seekers With a Criminal Record Can Be the Right Move

Need Workers? Hiring Job Seekers With a Criminal Record Can Be the Right Move

In a tight labor market, more companies are seeing the benefit of giving every candidate a fair chance. Any experienced hiring manager knows that sometimes the best talent comes from unexpected places. And as businesses navigate a persistently tight job market, they’re turning to traditionally overlooked talent pools—including job seekers with a criminal record, suchRead More
Here Comes the 60-Year Career

Here Comes the 60-Year Career

As people live longer, healthier lives, the traditional 40-year career will become a thing of the past. But that’s going to require a new mind-set—and a lot more planning.   By Carol Hymowitz Feb. 12, 2023 9:00 am ET Get ready for longer careers. Probably much longer. Charlotte Japp is setting the groundwork for it. Since graduating fromRead More

February 6, 2023

Jobs Market Parties Like It’s 1969

Jobs Market Parties Like It’s 1969

Blowout employment report doesn’t jibe with recent tech layoffs, but overall labor picture is a lot more buoyant By Justin Lahart As interest rates rise and companies tighten their belts, white-collar workers have taken the brunt of layoffs and job cuts, breaking with the usual pattern leading into a downturn. WSJ explains why many professionalsRead More
Head-Scratching Job Gains in January: Labor Market Remains Hot

Head-Scratching Job Gains in January: Labor Market Remains Hot

February 3, 2023 | Author: Mallory Vachon, Ph.D., Sr. Economist The economy added an unexpected 517,000 jobs in January, completely smashing economists’ expectations of 187,000. January’s job gains are puzzling given the headlines and expectations of a slowdown in hiring. Not only is this well-above recent months’ job gains, but it’s the highest since JulyRead More
Bosses Are Back in Charge

Bosses Are Back in Charge

America’s bosses are starting to feel bossy again. Many executives say that they are no longer scrambling to retain workers, after several years of doing whatever it took to keep people on staff. Pay increases are slowing. For some jobs, hiring is getting easier. Executives are seizing on this moment to streamline operations or cutRead More

January 25, 2023

The Job Market for Remote Workers Is Shrinking

The Job Market for Remote Workers Is Shrinking

Remote job opportunities are dwindling as fewer employers feel the need to lure talent with the promise of working from home By Ray A. Smith Jan. 24, 2023 2:52 pm ET Many prospective workers who were determined to get a remote job just a few months ago are hitting a wall as remote listings rapidlyRead More

January 23, 2023

FTC Plan to Ban Noncompete Clauses Shifts Companies’ Focus

FTC Plan to Ban Noncompete Clauses Shifts Companies’ Focus

Ban could prompt employers to use alternative mechanisms such as nondisclosure agreements   By Lauren Weber Jan. 17, 2023 Businesses and lawyers are beginning to assess what the Federal Trade Commission’s proposed ban of noncompete clauses in employment contracts could mean for worker mobility, wages and the way future compensation agreements are structured. While a fullRead More