Two new economic reports on Thursday fanned fears that the Federal Reserve might need to go further in its aggressive fight against inflation.
Category: Labor and Jobs
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Waiter Shortage Hits London Restaurants After Brexit
Europeans used to flock to London for restaurant jobs. Now, with doors to migrants largely closed after Britain left the European Union, many establishments are becoming desperate.
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U.K. Braces Amid Largest Walkout by Ambulance Workers in Decades
The industrial action, seeking higher pay and better working conditions, was driven by a cost-of-living crisis and coincides with strikes by rail workers, nurses and others.
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Why It’s Hard to Predict What the Economy Will Look Like in 2023
Years into the pandemic, it is still difficult to get a handle on what comes next for the economy by looking at examples from the past.
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Starbucks Union Strikes at Dozens of Stores as Talks Stall
Workers are pressing for a contract and accuse the company of anti-labor tactics. Management blames the union for the lack of bargaining progress.
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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.
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Washington Post Publisher Announces Plan for Job Cuts
Fred Ryan, the news outlet’s publisher, said in a meeting with employees that cuts jobs would amount to a single-digit percentage of staff.
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Drinking at Work Events and More Questions Answered by Roxane Gay
“Don’t get too drunk at work” is a good rule. Don’t let co-workers convince you to break it.
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United Airlines Orders 100 Wide-Body Boeing 787 Jets
United plans to take delivery of the planes over an eight-year span to refresh its fleet and increase fuel efficiency, with an option to buy 100 more.
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Inflation Forecasts Were Wrong Last Year. Should We Believe Them Now?
Economists misjudged how much staying power inflation would have. Next year could be better — but there’s ample room for humility.
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The World Cup Is Ending, but the Migrant Labor Economy Grinds On
The World Cup was a $220 billion construction project powered by migrant workers. We went to Nepal – a major source of labor for Qatar — to find out what’s driving workers to do dangerous jobs that many say they can’t afford to lose.