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“#Feds say fewer people are quitting their jobs” Yes, the US job market has been one long, sad country song for more than a year now. But the “take this job and shove it” indicator may have peaked. The US Bureau of Labor Statistics said its so-called “quits rate” — or the number of jobs…
“#Pandemic destroyed 22M jobs and many aren’t coming back” Around 22 million jobs were lost in 2020 due to the COVID-19 pandemic across the 37 member countries that are part of the Organization for Economic Cooperation and Development, the group said in its annual employment outlook report. Of the 22 million jobs lost in 2020…
“#Texas Chicken chain pays teen managers $50K amid labor shortage” A Texas-based chain of chicken restaurants is reportedly promoting teens to general-manager positions that pay more than $50,000 a year in a bid to keep talent amid the recent labor shortage. Garrett Reed, the CEO of Layne’s Chicken Fingers, told The Wall Street Journal that he’s…
“#Some companies excluding Colorado from remote work postings” Major American companies are recruiting remote workers from across the US — but not in Colorado. A new state pay-transparency law, which requires companies that have a presence in the state to disclose the expected salary for each open role they advertise, is scaring off big companies…
“#US workers file 376K new jobless claims, marking new pandemic low” The number of Americans seeking new unemployment benefits fell again last week to a fresh pandemic low, the feds said Thursday. Initial worker filings for jobless claims, seen as a proxy for layoffs, reached 376,000 last week, down from 385,000 reported the prior week, according…
“#Goodwill forges alliances to offer free career training, resources” When Maggie Nassour lost her job two years ago, she tapped into a free community resource to get schooled. “I didn’t have a [high school] diploma,” said Massour, who had worked as an inspection and packaging manager with the same company for 21 years. “I was…
“#US private payrolls post biggest gain in 7 months” US private payrolls surged by the most in seven months in April as companies rushed to boost production amid a surge in demand, suggesting the economy gained further momentum early in the second quarter, powered by massive government aid and rising COVID-19 vaccinations. Strengthening labor market conditions…
“#Jamie Dimon forms coalition that aims to hire ex-cons” If you’re struggling to find work because you’re an ex-con, try hitting up Jamie Dimon. The hard-charging chief executive of JPMorgan Chase said this week he is helping launch and co-chair the Second Chance Business Coalition, a group that aims to expand hiring of former criminals….
“#Federal ‘relief’ so good it’s easier to stay home than to work” With half of American adults having had at least one vaccine dose and restrictions gradually easing throughout most of the country, employers are eager to rebuild the economy. One problem: Unemployment benefits have become so generous, people aren’t taking jobs. The Federal Pandemic…
“#Worker shortage further hurting NYC restaurants” Big Apple restaurants can only serve half their pre-pandemic indoor capacity — and yet they still don’t have enough help to make it work. Eateries are getting crushed by a shortage of workers both in kitchens and on the floor despite sky high unemployment and a growing vaccination effort….