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“Better.com workers learned of layoffs when severance checks were sent early” Better.com acknowledged mishandling another round of mass layoffs on Tuesday after some employees received their severance checks ahead of schedule – a mishap that occurred weeks after its top boss drew criticism for firing 900 employees during a Zoom call. The embattled online mortgage…
“#US cannabis market soared in 2021, but was dragged down by NY” The US cannabis industry added more than 100,000 jobs last year, and the economic lift will only continue if states like New York get recreational programs off the ground, experts say. Americans spent nearly $25 billion on cannabis products in 2021, as the…
“#Thousands of NYC workers to lose jobs Friday as vaccine deadline ends” Thousands of unvaccinated Big Apple city workers are set to lose their jobs Friday, which marks the end of the grace period to get a COVID-19 jab. Nearly 4,000 of the city’s roughly 400,000 municipal employees are currently at risk of getting axed…
“#Biden breaks another inflation record” Check another economic record off the list for the Biden administration: Consumer Price Index inflation just hit 7.5% for the year ending in January, the highest jump since 1982. Fuel oil? Up 46.5% for the year. Gasoline? 40%. Used cars? 40.5%. New cars? 12.2% Meat, fish, poultry and eggs? 12.2%….
“#Peloton cancels planned $400M Ohio factory in cost-cutting bid” Peloton has pulled the plug on a planned $400 million factory in Ohio as it scrambles to cut costs due to sagging demand for its bikes and treadmills, the company confirmed as part of its turnaround plan this week. The embattled fitness brand said it is…
“#US jobless claims jump to 286K as Omicron hits employers” The number of American workers filing unemployment claims jumped much more than expected this week as US companies and employees contend with the Omicron variant, according to data released Thursday. Workers filed 286,000 initial jobless claims for the week ending on Jan. 15, the Labor…
“#’Anti-work’ threads on Reddit fueling the Great Resignation” They say you have to work hard to get ahead, but some are finding that you can work very little and still do pretty well. On Reddit, the “antiwork” subreddit is now one of the social network’s most active and engaged pages, after seeing explosive growth during…
“#Remote job postings for NYC nearly quadruple in ground-breaking shift” New York City firms offered nearly quadruple the number of remote jobs to new applicants in the past year, according to data obtained by The Post. “And this is just the beginning,” said NYC Partnership CEO Kathryn Wylde, whose business group analyzed figures compiled by…
“#NYC lags behind rest of country in post-pandemic jobs recovery, report shows” New York City lags behind the rest of the country in post-pandemic pandemic jobs recovery, a new city report has found. The US has gained back “nearly all” jobs lost during the pandemic and is on course to surpass pre-pandemic employment levels this…
“#Biden’s sorry bid to spin December’s weak jobs report” Another bad jobs report shows the obvious: Bidenomics is a total disaster. President Joe Biden knows it, too, even though he cheered Friday’s jobs report — before accusing Republicans of being concerned about high inflation only because they want people to be too poor to afford…