U.S. adds robust 311,000 jobs despite Fed’s rate hikes
Nearly all of last month’s hiring occurred in services industries—from restaurants and hotels to retailers and health care companies.
Nearly all of last month’s hiring occurred in services industries—from restaurants and hotels to retailers and health care companies.
From Amazon to Microsoft to Twitter and many others, tech companies nationwide have announced more than 200,000 layoffs since the start of the year. But is a different story emerging in Indiana?
New Indiana Secretary of State Diego Morales has hired his brother-in-law for a post paying a six-figure salary, in a move that has drawn criticism as crossing an ethical line.
Many tech companies admit that they hired too much during the pandemic, betting that lifestyle changes—including remote work, e-commerce spending and video-game habits—would bring a bigger windfall. Now they’re dealing with the aftermath.
Compensation has long been a taboo topic around most watercoolers, but that’s changing as more states are forcing companies to open up about their salaries.
January’s job growth far exceeded December’s 260,000 total and extended a streak of powerful hiring gains that raised concerns at the Federal Reserve about inflation pressures.
The FTC proposal is based on a preliminary finding that noncompete clauses quash competition in violation of Section 5 of the Federal Trade Commission Act. Section 5 bans unfair methods of competition.
Private payrolls increased 235,000 last month, led by small- and medium-sized businesses, according to data from ADP Research Institute in collaboration with Stanford Digital Economy Lab. The figure exceeded all but one forecast in a Bloomberg survey of economists.
The U.S. labor market showed little sign of slowing last month, maintaining a surprisingly robust pace despite a slowdown in the tech industry.
U.S. job openings rose unexpectedly in September, suggesting that the American labor market is not cooling as fast as the inflation fighters at the Federal Reserve hoped.
Amazon.com plans about the same number of seasonal workers as last year despite slowing sales and predictions of a lackluster holiday shopping season.
Retailers face a slowdown in consumer spending as shoppers face surging costs in daily necessities including rent and food. A slew of retailers including Walmart, Best Buy and Stitch Fix have trimmed their staffing in recent weeks.
A pandemic hiring freeze, an early retirement program, and a nationwide desire for higher wages have left some city departments struggling for workers.
In the Indianapolis area, UPS said it expects to hire more than 3,000 seasonal employees ahead of the holiday rush.
Purdue University said it has added more than 200 faculty members over the past year, marking the largest single-year increase in the school’s 153-year history.
They are hard-working, smart and capable Hoosiers who, for myriad reasons, were not able to follow a textbook career path.
Adjunct teacher permits represent the newest pathway to working in Indiana classrooms, following their approval by the state legislature earlier this year. Yet so far, school leaders don’t seem keen on using them.
With the unemployment rate near its lowest level in five decades, even some of the staunchest critics of work-from-home have changed their tune to attract and retain employees.
With recession fears mounting, many big tech companies are rethinking their staffing needs. Here’s a look at some of the dozens of companies that are tapping the brakes.
To help cope with the shortage of candidates, school districts are relying more heavily on emergency permits, which are temporary credentials that allow people who aren’t licensed to teach a certain subject.