Here’s what to watch out for in Friday’s jobs report for May
Construction workers on a job site on May 05, 2023 in Miami, Florida.Joe Raedle | Getty ImagesWatching the monthly jobs reports this year has been something of a waiting exercise,…
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Private payrolls rose by 278,000 in May, well ahead of expectations, ADP says
A customer walks by a now hiring sign posted in front of a Ross Dress For Less store on April 07, 2023 in Novato, California.Justin Sullivan | Getty ImagesThe U.S. labor market…
The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over
Djelics | E+ | Getty ImagesDuring the past year, the rate at which Americans quit their jobs has steadily declined from a record high back to pre-pandemic levels — seeming to spell…
Amazon workers plan to walk out over ‘lack of trust’ in leadership
The Amazon headquarters sits virtually empty on March 10, 2020 in downtown Seattle, Washington. In response to the coronavirus outbreak, Amazon recommended all employees in its…
Thanks to ‘vesting’ schedules, it can take up to 6 years for workers to own their 401(k) match
Iparraguirre Recio | Moment | Getty Images44% of plans offer a 'rare' advantageCompanies use different timelines, or vesting schedules, to determine how long it takes for savers to…
UK net migration hits record high of 606,000 as government vows cuts and cracks down on student visas
UK Home Secretary Suella Braverman attends the weekly government cabinet meeting at 10 Downing Street on May 23, 2023 in London, England.Leon Neal | Getty Images News | Getty…
Meta has started its latest round of layoffs, focusing on business groups
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris |…
Goldman Sachs says jobs mismatch drove up China’s youth unemployment
People look for jobs at a fair in Shanghai, China, on May 20, 2023.Bloomberg | Bloomberg | Getty ImagesRecord unemployment among China's young people stems partly from a mismatch…
Elon Musk and Twitter face San Francisco city probe over headquarters
In an aerial view, a modified company sign is posted on the exterior of the Twitter headquarters in San Francisco, April 10, 2023.Justin Sullivan | Getty Images News | Getty…
After OpenAI hearing, A.I. experts urge Congress to listen to more diverse voices on regulation
OpenAI CEO Sam Altman testifies before a Senate Judiciary Privacy, Technology, and the Law Subcommittee hearing titled 'Oversight of A.I.: Rules for Artificial Intelligence' on…