Labor
Labor Articles
Five states and New York City have ordered bars and restaurants closed in an effort to slow down the spread of the coronavirus. More than 4.4 million jobs could be temporarily lost.
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Widespread job loss is always part of a ripple effect. One region or industry is hit, and that moves to many others.
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Challenger, Gray & Christmas warns that a global recession that may have begun on February 21 is picking up speed.
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A new report on wages for U.S. workers over the past 40 years underscores the wide gap between those Americans at the bottom of the economic ladder and those at the top.
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The 2019–2020 flu season has already seen 22 million cases reported. The estimated impact on employers related to work absences is over $13 billion, according to Challenger, Gray & Christmas.
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At its current growth rate, Amazon would become one of the few American companies with a million employees by the end of 2020.
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Outplacement firm Challenger, Gray & Christmas announced Thursday that employers announced 67,735 job cuts in January, the highest total in 11 months.
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The hundreds of people JPMorgan will fire is a very modest number. But at some point, bank branches will look like chain drug stores and large retailers, where transactions do not require humans.
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Alaska remained the state with the highest unemployment rate in December for several reasons. Yet, the median household income in Alaska is among the highest of all states.
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There is a widely held belief that as American companies turned to inexpensive manufacturing in China, millions of workers lost their jobs. Will the trade deal bring back those lost jobs? Does it...
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The national unemployment rate was 3.5% again in December, among the lowest levels in decades. However, for one group, the figure was much higher.
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If you live and work in Las Vegas, there is a one in three chance you will lose your job to automation. If you are replaced, it will be by a robot or machine.
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America has enjoyed its lowest unemployment in five decades as the national figure has fallen to 3.3% in recent months. According to new data from the Bureau of Labor Statistics, in one city, it was...
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Two new studies that looked at opioid-related deaths among workers in two industries hit hard by job losses appear to come to different conclusions about the impact of opioid-related deaths.
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Announced job cuts of more than 590,000 in 2019 were the fourth-highest total of the past decade, according to outplacement firm Challenger, Gray & Christmas. Autoworkers and manufacturing...
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