Salaries for Californian fast food employees might rise to $22 per hour
Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...
Increasing salaries for workers and rapid inflation
The rate of wage increases by employers remained stronger than anticipated, but they were still insufficient to offset the inflation rate's even greater acceleration. ...
Does a white-hot labor market have downsides?
A strong labor market often forces people to not prioritize training, for the time being, having said that, this poses an unfair trade-off for students with families or other financial responsibilities. "If you've got housing costs rising, gas prices going up, food prices going up and the short-ter ...
Employers add 'No Vaccine Required' to job listings to attract workers
Vaccine mandate, labor: As more employers struggle to find workers, No Vaccine Required is a common phrase appearing in job listings online. ...
Rubber Recycling Company finds a better way to deal with staffing shortage
The U.S. Rubber Recycling in Colton California has been grinding rubber for 25 years, so far it has never witnessed as much demand as it did during these past few months. As people starting adapting to situations at home, orders for rubber mats and gym floorings increased. Most businesses around th ...
Labor market improves as jobless claims reduce
Last week 340,000 people filled for unemployment benefits for the first time which is the lowest that the state has witnessed since the onset of the pandemic. This leads us o believe that the job market is on a steady incline as workspaces begin to slowly re-open. This news comes ahead of the much- ...
How quickly will America’s labor market recover?
It has been over a year since the first instance of the highly contagious COVID-19 was noted but we're far from recovering its impact. The restrictions and uncertainty because of the same have put millions of people out of jobs since then. There have been some improvements since the April numbers b ...
Hiring takes another blow
The slowdown of hiring after the resurgence of coronavirus cases in the US is leading to an economic slowdown like no other. The US economy lost 22 million jobs in the months of March and April, and the number of jobs that have been added is nowhere close to that number. Take a look at the details ...
Unemployment claims fall
For the first time in months, the weekly jobless claims in the US have fallen below the 1 million mark. This has been a first since March, the Wall Street estimate said that the number should be around 1.1 million, and the claims were 963,000 in the first week of August, indicating some recovery. G ...
Tech witnesses 4.5% decline in jobs
The tech industry has been restructuring itself to adapt to the new normal ever since the pandemic came into play. There has been a rise in certain aspects of tech while some jobs have disappeared. Remote openings have increased, but some jobs are witnessing a steep decline in the US. Take a look a ...
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Article
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