A sluggish economy continues to leave many young people unemployed, with few job prospects or hopes to tap into the rising incomes their parents enjoyed during boom times.
Category: Layoffs and Job Reductions
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An Activist Investor Takes on BlackRock Over E.S.G.
A hedge fund sees BlackRock’s embrace of E.S.G. principles as a distraction, and it wants the money-management giant’s C.E.O., Laurence Fink, to step down.
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Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows
The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.
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Morgan Stanley Cuts 2% of Global Work Force as Deal-Making Slows
The Wall Street firm had paused layoffs during the pandemic, as deal activity spiked industrywide. The layoffs will affect workers across all divisions.
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U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy
Employers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.
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U.S. employers added 263,000 jobs in November, the latest sign of the economy’s strength.
The Labor Department report gauged the impact of the Federal Reserve’s campaign to tame inflation by tamping down hiring.
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For Young Job Seekers, Stability Is a Top Priority
People entering the work force amid inflation, pandemic uncertainty and layoffs are recalibrating what a dream job looks like.
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Why Are Middle-Aged Men Missing From the Labor Market?
Men ages 35 to 44 are staging a lackluster rebound from pandemic job loss, despite a strong economy.
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Gannett Starts Another Round of Staff Cuts
The largest newspaper chain is cutting roughly 6 percent of its 3,440-person U.S. media division.