Category: Labor and Jobs

Labor Market Shifts Into Reverse as Employers Balk at Hiring

The New York Times – Business:
A spring surge rapidly faded as the summer brought higher prices and more uncertainty for businesses, even as they avoided layoffs.
Weak Jobs Report Does Not Eliminate Prospects of Interest Rate Rise

The New York Times – Business:
Officials at the Federal Reserve are chiefly focused on the trajectory of inflation after five years of overshooting the central bank’s 2 percent target.
Jobs Report Poses New Test for Warsh and the Fed

The New York Times – Business:
Friday’s jobs report comes as investors increasingly expect the Federal Reserve to begin raising interest rates as soon as next month.
Why So Many C.E.O.s Are Getting a Chief of Staff

The New York Times – Business:
The position as a trusted sounding board is in high demand as business gets more complex — and everyone wants to get in on the latest bureaucratic fad.
TikTok Is Laying Off 250 Employees in Its Nashville Office

The New York Times – Business:
The office was home to members of the app’s content moderation team.
He Had Tenure. The New School Laid Him Off Anyway.

The New York Times – On the Runway:
The professor, a longtime critic of the university, was among 19 educators who lost their positions as the institution navigated financial woes.
These Employees Like Their A.I. Boss. Its Shop Is Kind of a Disaster.

The New York Times – On the Runway:
A new study of a bot running a first-of-its-kind San Francisco store finds it is really friendly, but not very smart.
What Are Companies Getting for All That A.I. Spending?

The New York Times – Business:
A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
What Are Companies Getting for All That A.I. Spending?

The New York Times – Business:
A new field of “tokenomics” has emerged to measure the return on all the money companies are pouring into artificial intelligence.
‘Do You Think if I Had a Job I Would Have Gone?’

The New York Times – On the Runway:
Moroccan migrants described their despair at their economic future, explaining what propelled them across the border with Spain.
Canada’s WestJet Cancels Trips Amid Strike By Flight Attendants

The New York Times – Travel:
Labor talks broke down between the airline and union representing 4,400 flight attendants, who want improved wages and compensation for unpaid work.
Labor Market Not a Source of Inflationary Pressure, Latest Report Shows

The New York Times – Business:
The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.