The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.
Category: Hiring and Promotion
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U.S. employers added 223,000 jobs in December.
Forecasters estimate that employers added 200,000 jobs in December, a robust number though a bit below the average in recent months.
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A slowing job market poses risks for those who’ve been out of work for a while.
The number of people receiving unemployment benefits has been rising, even as new claims remain low.
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Why Bed Bath & Beyond Is Weighing Bankruptcy
Dreary holiday season sales failed to help solve the struggling retailer’s financial woes, leaving the company with few options.
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Labor Market Strength Persisted Heading Into the Holidays
Government data from November showed job openings remained high, with rates of quitting and layoffs holding steady.
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Wave of Job-Switching Has Employers on a Training Treadmill
The rise in turnover since the pandemic started has a cost in productivity: “It’s taking longer to get stuff out the door.”
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France Desperately Needs Workers, but the Fixes Could Anger Left and Right
Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.
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How a Sprawling Hospital Chain Ignited Its Own Staffing Crisis
Ascension, one of the country’s largest health systems, spent years cutting jobs, leaving it flat-footed when the pandemic hit.