The US Labor Market Is A House Of Cards – Here Are The Reasons Why In typical Orwellian fashion, the Biden Administration and the corporate media have attempted to rewrite history and...
Some sectors, like warehousing and storage, have fully rebounded and then some. Others, like travel agencies, remain a long way from recovery.
National Federation of Independent Business Optimism Index fell by 0.1 points last month to 93.1. Number of small business owners expecting conditions to improve over the next six months dropped...
A labor shortage and imminent spike in travel demand has left employers desperate to hire. The employment rate for 16- to 19-year-olds this summer will reach 32.8%, the highest rate in 15 years....
The rate of inflation jumped to as high as 8.5% from less than 2% just 16 months ago. High inflation was largely fueled by too much demand for goods and too little supply. Businesses couldn't get...
Adventurefuls have fallen victim to the supply chain woes felt by manufacturers. Not enough of the new variety of cookies can be produced to supply booth sales. A labor shortage in one of the...
United and Spirit have both announced pay incentives in an effort to alleviate labor shortages. United pilots are eligible for triple pay for extra unstaffed flights they pick up through January...
The myth that young people don't want to work is wrong. Early retirement is having a huge impact on the labor market. retiring boomers, far more than "lazy" millennials, are the biggest force...
Wages are set to rise 3.9% next year, the most since 2008, according to the Conference Board. The decade-high pay bump is fueled by the labor shortage and historically strong inflation. Salary...
The co-founder of a San Francisco pizza chain says he received no applications for an assistant manager, despite raising the salary to $70,000. Businesses across many industries are finding it...
U.S. airlines plan to hire tens of thousands of new employees to fill the gaps created by the COVID-19 pandemic. Airlines are raising wages and hiring amid labor shortage in the U.S., experts say....
New jobless benefit claims dropped by 14,000 to 269,000 in the seven days ended Oct. 30. Last month new unemployment filings dropped below the key 300,000 level for the first time since the start...
