More than two years into the coronavirus pandemic, a desire for social distancing still prevents some people from returning to work. It’s a decision, say medical experts, that everyone should make for themselves, based on their own circumstances. Some economists say, however, that people withdrawing from work due to the pandemic can also impact the …
Ssomething strange is happening in the UK labor market. Even as unemployment nears its lowest level since the mid-1970s and businesses across the country struggle to recruit enough staff to fill positions, growing numbers of people are leaving the labor market altogether. work. Rising economic inactivity – when working-age adults are not in and looking …
Why are so many people leaving the workforce amid a UK cost of living crisis? Read More »
A media industry battered by streaming losses, anemic stocks, layoffs and executive turmoil unveiled its latest losses on Tuesday: 20% of AMC Networks’ U.S. staff, or about 200 people, as well as the departure of the CEO Christina Spade. The news follows the equally sudden departure of Bob Chapek last Sunday from Disney after a …
HP Inc. today announced plans to cut up to 10% of its global workforce as it struggles to cope with a massive drop in demand for personal computers that will likely continue well into the new year. The cuts came after the company reported disappointing fourth-quarter financial results and issued a soft guidance for the …
United Furniture laid off its entire workforce on the night of Monday, November 21. About 2,700 employees lost their jobs, most of whom live in northeast Mississippi. The Daily Journal provides updates throughout the day on this developing story. CREATE, the Salvation Army mobilizes to help affected families (3:48 p.m. update) The sudden overnight layoff …
United Furniture lays off its entire workforce Monday night before Thanksgiving Read More »
