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Boeing to Begin Temporary Layoffs Because of Strike
Posted inAirlines and Airplanes Boeing Company Factories and Manufacturing Hiring and Promotion International Assn of Machinists and Aerospace Workers Labor and Jobs Layoffs and Job Reductions Ortberg, Robert K. Seattle (Wash) Strikes

Boeing to Begin Temporary Layoffs Because of Strike

The aerospace giant said it would temporarily lay off tens of thousands of employees to stem losses from a walkout by the machinists’ union.
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Posted by By Niraj Chokshi
Boeing Will Freeze Hiring and Cut Spending as Strike Takes Financial Toll
Posted inAirlines and Airplanes Boeing Company Hiring and Promotion Labor and Jobs Organized Labor Strikes

Boeing Will Freeze Hiring and Cut Spending as Strike Takes Financial Toll

More than 33,000 Boeing workers went on strike last week after rejecting a tentative contract the company had negotiated with their unions.
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Posted by By Niraj Chokshi
As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) Recession and Depression United States Economy Wages and Salaries

As Federal Reserve Readies Interest Rate Cut, Risks to Job Market Still Loom

The Federal Reserve is poised to lower interest rates this week. Recent jobs data have been a reminder that a soft landing is not yet assured.
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Posted by By Jeanna Smialek
Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong
Posted inCoronavirus (2019-nCoV) Economics (Theory and Philosophy) Hiring and Promotion Labor and Jobs Layoffs and Job Reductions Recession and Depression Unemployment United States Economy

Why Low Layoff Numbers Don’t Mean the Labor Market Is Strong

Past economic cycles show that unemployment starts to tick up ahead of a recession, with wide-scale layoffs coming only later.
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Posted by By Ben Casselman

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