The revival of America’s industrial base is happening amid pine forests and peanut farms. And it’s being led by a South Korean company.
Category: Labor and Jobs
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Wealthy Americans Are Spending. People With Less Are Struggling.
Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market.
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Are You a Young Employee Asked to Spend More Time in the Office?
Please tell us how stricter return-to-office mandates are affecting your work life and home life.
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Stellantis, Faced With Trump’s Tariffs, Scraps Plans to Increase Auto Production in Canada
Canadian leaders blame the move by Stellantis, the automaker, to abandon production in Ontario on President Trump’s tariffs. Mr. Trump says he wants to increase domestic production.
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Is the Fed Too Confident About Inflation? Some Economists Think So.
The central bank confronts “no risk-free path” in balancing the risk of a sharp slowdown in the labor market and resurgent price pressures.
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In This Economy, ‘Job Hugging’ Is in, Job Hopping Is Out
Workers, who were quitting at high rates a few years ago, are now “job hugging” — or, as one consulting firm put it, “holding on to their jobs for dear life.”
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A Tough Job for Jay Powell at the Fed Gets Tougher
Some at the central bank don’t feel the need to cut rates further this year; others are worried about the jobs market. That complicates the job of Jay Powell, its chair.
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New York Fed’s John Williams Favors More Rate Cuts
John Williams, president of the Federal Reserve Bank of New York, is primarily concerned with weakness in the labor market.
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White House May Try to Deny Back Pay to Furloughed Federal Workers
Union leaders and Democratic lawmakers say the move would run afoul of a law adopted under President Trump’s first term.
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Recruiters Use A.I. to Scan Résumés. Applicants Are Trying to Trick It.
In an escalating cat-and-mouse game, job hunters are trying to fool A.I. into moving their applications to the top of the pile with embedded instructions.
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Take Two: Why Big Companies Are Naming Co-C.E.O.s
Comcast, Oracle and Spotify recently doubled up on top executives, a rare setup that some say could become more common.