At best, older, laid-off workers will struggle to find health insurance that bridges the years before they qualify for Medicare at age 65.
Category: Layoffs and Job Reductions
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What to Do If You’re Laid Off and Too Young for Medicare
The New York Times – Business: -
Federal Employees Were Paid $9.5 Billion Not to Work in 2025 Under DOGE Effort
The New York Times – On the Runway:As part of the Department of Government Efficiency’s program to shrink the federal work force, paid administrative leave costs rose by 435 percent.
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Defense Hiring Will Ease, Not End, Pain in European Car Industry
The New York Times – Business:An agreement to turn an ailing Volkswagen factory into a defense manufacturing hub offers hope for jobs. But a shift from “family vans to tanks” in Germany is not so simple.
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McClatchy Makes Deep Job Cuts to Newspapers Around the Country
The New York Times – Business:The owner of The Miami Herald said subscriber interest did not support its current level of investment. One employee called the layoffs a “blood bath.”
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Will a Turnaround Plan Revive Volkswagen or Merely Delay Its Demise?
The New York Times – Business:The beleaguered auto giant reached a deal with unions to cut tens of thousands of jobs and slash production. Is it enough to revive an iconic German company?
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U.S. Tariffs Could Price Canadian Firms Out of U.S. and Threaten Thousands of Jobs
The New York Times – Business:The 50 percent tariffs President Trump imposed on Canadian exports to the United States will make it impossible for many Canadian companies to continue to sell to the U.S. market, economists say.
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Farmers Struggle to Get Basic Services From Depleted Agriculture Dept.
The New York Times – On the Runway:After the departure of thousands of federal workers, rural communities report problems obtaining loans, grants, technical assistance and support for infrastructure and other services.
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Worker Pay Isn’t Keeping Up With Inflation Once Again
The New York Times – Business:When prices spiked in 2021-22, wages failed to keep up for many workers, new research shows. Now the pattern is repeating.
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The labor market slowed as employers grew wary of hiring.
The New York Times – Business:
