- Business Insider 16:37January 13, 2022Jobless claims leap to 230,000 as the labor market's recovery turns choppyContinuing claims, which count Americans who are currently receiving jobless aid, fell to the lowest level since 1973.
< Economy, Markets, Economy, Jobless Claims, Jobless benefits, Unemployment insurance, weekly jobless claims, Initial Claims, US Labor Market, Labor Market >
- Business Insider 14:00January 12, 2022Geriatric millennials are winning at workThe oldest millennials, once blighted by the Great Recession, are the only age group to be at or above their pre-pandemic employment level.
< Economy, Markets, Millennials, Geriatric Millennials, Economy, Jobs, Work, Employment, Unemployment, BI Graphics >
- Business Insider 22:53January 11, 2022Fed Chair Powell's explanation of pandemic-era inflation and employment goes against a classic Econ 101 theoryInflation is usually high when the job market is healthy, and vice versa. The pandemic economy bucked the trend and put the Fed in an awkward spot.
< Economy, Markets, Economy, Federal Reserve, Fed, Jerome Powell, Fed Chair, Fed Chairman Jerome Powell, Phillips Curve, Central Bank, Inflation, Unemployment, Senate Banking Committee >
- Business Insider 18:41January 11, 2022Jamie Dimon says the US economy is booming, inflation will stay hot, and the Fed may have to hike rates hard. Here are his 11 best quotes from a new interview.The Federal Reserve may put the economy into a recession, but the slowdown should be mild if history is any guide, JPMorgan CEO Jamie Dimon said.
< Markets, MI Exclusive, Markets, Stocks, Jamie Dimon, JPMorgan CEO, JPMorgan, JPMorgan Chase & Co, Stock Market Outlook, US Economy and Markets, Federal Reserve, Interest Rates, US Recession, omicron variant, financial markets, Consumer spending, Unemployment, Labor Market, Rate Hikes, Interest rates 2022 >
- Business Insider 23:39January 7, 2022More Black workers lost jobs in December, despite a sharp decline in overall unemploymentBlack Americans have historically seen higher unemployment than other groups. "This is part of what creates the wealth gap," Dr. William Spriggs said.
< Economy, Markets, Economy, labor shortage, labor shortages, Black unemployment, inequity, Jobs, jobs data, BI Graphics >
- Breitbart News 18:10January 7, 2022Black-White Unemployment Gap Soars as Black Unemployment Rate JumpsDiversity, Inclusion, and Equity? The racial gap in unemployment got much worse in December.
< Economy, Politics, Joe Biden, unemployment, Unemployment Rate >
- Business Insider 16:38January 7, 2022December jobs report is the worst of 2021 as US creates just 199,000 new payrolls during Omicron chaosThe December job gain fell well short of the median forecast of 450,000 new jobs and marked a slight slowdown from the 249,000 payrolls added in November.
< Economy, Markets, Economy, Jobs Report, nonfarm payrolls, NFP, jobs day, Labor Market, Labor market data, Hiring, Unemployment Rate, Economic Indicators, Economic Data >
- Business Insider 16:50January 6, 2022Jobless claims climb to 207,000 as unemployment claims hover near pre-COVID lowsContinuing claims, which track people continuously receiving jobless aid, jumped to 1.75 million for the week that ended December 25.
< Economy, Markets, Jobless Claims, US weekly jobless claims, Jobless benefits, Labor Market, US Labor Market, Unemployment insurance, Initial Jobless claims >
- Business Insider 22:07January 5, 2022Companies still aren't hiring Black men, despite 10.6 million open jobs in the US. It's costing the economy $50 billion.If the nearly 700,000 Black men looking for jobs got a paycheck, billions more dollars would be in the US economy, feeding families and paying rent.
< Economy, Markets, Politics, Black unemployment, labor shortage, Jobs, wage gap, people of color, Mass Incarceration, Salary, Economy, Policy >
- New York Times 19:00January 5, 2022As Beijing Takes Control, Chinese Tech Companies Lose Jobs and HopeThe crackdown is killing the entrepreneurial drive that made China a tech power and destroying jobs that used to attract the country’s brightest.
< Politics and Government, Social Media, Computers and the Internet, Layoffs and Job Reductions, Unemployment, Entrepreneurship, Regulation and Deregulation of Industry, iQiyi.com Inc, Xi Jinping, China >
- Business Insider 16:51December 23, 2021Jobless claims unchanged at 205,000 as unemployment recovery looks stableContinuing claims fell to 1.86 million for the week ending December 11, missing estimates of 1.84 million, but still notching the lowest figure since March 14.
< Economy, Markets, Economy, Jobless Claims, Unemployment, Bureau of Labor Statistics, BLS >
- Breitbart News 17:47December 20, 2021Analysis: Republican-led States Lead Democrat-led States in Economic Recovery in NovemberStates with Republican governors and legislatures are leading Americans back to work quicker than those led by Democrats, according to an analysis of the state-by-state unemployment data from the Department of Labor.
< Economy, Politics, Democrats, House Democrats, House of Representatives, Joe Biden, Republican governors, Republican National Committee, RNC, state government, unemployment >
- Business Insider 16:41December 16, 2021Jobless claims edge higher from 52-year lows as the unemployment recovery pushes forwardContinuing claims, which count Americans continuously receiving jobless aid, fell to 1.85 million for the week that ended December 4.
< Economy, Markets, Economy, Jobless benefits, Jobless Claims, Initial Claims, Unemployment insurance, US weekly jobless claims, BI Graphics, Economic Data, Economic Indicators >
- New York Magazine 19:30December 15, 2021Women’s Wages Are Now Growing Faster Than Men’sThe pandemic created a “she-cession” — a deep dive in the economic data suggests that it might be ending.
< the money game, unemployment insurance, covid stimulus checks >
- New York Times 18:12December 14, 2021How Inflation Affects Turkey's Struggling EconomyEven before the pandemic, Turkey was trying to ward off financial meltdown. The crisis has accelerated as President Recep Tayyip Erdogan has doubled down on his unorthodox policies.
< Erdogan, Recep Tayyip, Economic Conditions and Trends, Currency, Politics and Government, Inflation (Economics), Interest Rates, Recession and Depression, International Trade and World Market, Foreign Investments, Unemployment, Turkey >
- Business Insider 14:04December 10, 2021A cleaning company in Oregon is turning down customers because it can't get enough staffThe owner of Sakred Space told KTVZ that he's booked up until the New Year, but that he can't take on new customers unless he gets more staff.
< Retail, Economy, News, labor shortage, Jobs, Work, Oregon, Employment, Unemployment, Hiring >
- Business Insider 21:55December 9, 2021Biden touts fastest-ever shift from people on 'government support to earning a weekly paycheck' while preparing for another gnarly inflation report"Americans on average have about $100 more in their pockets each month than they did last year," Biden said in Thursday remarks.
< Economy, Politics, Markets, Policy, Economy, Politics, Biden, Inflation, Unemployment, Jobs, Supply Chain, supply chain crisis, Unemployment insurance >
- Business Insider 16:45December 9, 2021Jobless plummet to lowest mark since 1969 as employment recovery charges forwardContinuing claims, which count Americans continuously receiving unemployment benefits, rose to 1.99 million for the week that ended November 27.
< Economy, Markets, Economy, Jobless Claims, Initial Claims, Jobless benefits, Unemployment insurance, US weekly jobless claims, BI Graphics, Andy Kiersz, Economic Data, Economic Indicators, Labor Market, Labor market data >
- Business Insider 16:08December 9, 2021A restaurant owner who spends thousands taking her staff on vacation says she's had no problem finding workersThe owner of a New Hampshire restaurant took her staff to the Bahamas last year. "They're worth a week shutdown," she said.
< Retail, Economy, News, New Hampshire, New England, restaurant, labor shortage, Jobs, Employment, Work, Unemployment, Hiring, Wages >
- Business Insider 17:51December 6, 2021A former Burger King worker got 'WE ALL QUIT' tattooed on her arm after she and her coworkers ditched the chainKylee Johnson and eight coworkers quit their jobs at a Burger King restaurant in Nebraska in July, an event which soon went viral.
< Retail, Economy, News, Burger King, labor shortage, Employment, Unemployment, Jobs, great resignation, the great resignation, Work, Lincoln, Nebraska, restaurant, Food, Fast Food >
- Business Insider 13:42December 6, 2021A San Francisco florist desperate for staff put up a sign saying it's 'hiring anyone that shows up'The owner of French Tulip Flowers told KGO-TV that he and his girlfriend are its only current employees.
< Retail, Economy, News, labor shortage, Economy, Retail, Jobs, Work, Hiring, Unemployment, Employment, San Francisco, California >
- Business Insider 20:43December 3, 2021There are 10 million jobs open in the US. The problem is that many people's lives are not set up for work right now.Millions of Americans want to get back to work, but lack of childcare options, flexibility, and adequate wages are keeping them away.
< Economy, Politics, Markets, Policy, Economy, Politics, Jobs, Job Openings, Childcare, Wages, Paid Leave, Unemployment, Bernie Sanders, Biden >
- Business Insider 16:31December 3, 20219 Wells Fargo branches in Colorado have temporarily closed due to staffing problemsThe Wells Fargo branches, including two in Denver and two in Colorado Springs, have "staffing constraints," a company spokesperson told The Gazette.
< Finance, Economy, News, Wells Fargo, Bank, Banking, labor shortage, Employment, Unemployment, Colorado, Colorado Springs, Denver, Jobs, Hiring >
- Business Insider 16:41December 2, 2021Jobless claims rebound to 222,000 in second-lowest weekly read of 2021Continuing claims, which track Americans receiving continuous unemployment benefits, slid below 2 million for the first time in the pandemic recovery.
< Economy, Markets, Economy, BI Graphics, Andy Kiersz, Jobless Claims, Initial Jobless claims, Unemployment insurance, Economic Data, Economic Indicators, Labor market data >
- Business Insider 15:16December 2, 2021A Virginia restaurant owner says 22 people didn't show up to interviews, missed their first shifts, or quit hours into their first dayWorkers say that the current imbalance in the labor market means that they have more leverage and are able to hold out for better jobs.
< Retail, Economy, News, labor shortage, Economy, Restaurants, Virginia, restaurant chains, restaurant workers, Jobs, Hiring, Work, Employment, Unemployment >
- Business Insider 15:04December 1, 2021A Tennessee burrito restaurant closed down its kitchen due to labor shortages, inflation, and the pandemicGo Burrito! in Johnson City, Tennessee had already drastically cut its opening hours.
< Retail, Economy, News, Tennessee, labor shortage, Jobs, Employment, Unemployment, Work, Hiring, restaurant, Restaurant Industry >
- Business Insider 13:39December 1, 2021A New York theater said it canceled performances of the hit show 'Waitress' because of labor shortagesThe Clemens Center in Elmira, New York, said it canceled both its showings of "Waitress" because of "labor shortages" and safety concerns.
< Entertainment, Economy, News, waitress, New York, New York State, Theater, Theater Industry, labor shortage, Employment, Unemployment, Work, Hiring, Jobs >
- Business Insider 20:39November 30, 2021Here are all the states providing unemployment benefits for people who quit or were fired because they're refusing to get vaccinatedGOP-governed states were first to cut unemployment amid the labor shortage, and now some are first to rewrite laws to benefit unvaccinated people.
< Economy, Politics, Markets, Features, Unemployment aid, vaccine mandates, Biden, Ron DeSantis, State unemployment, COVID-19 shot, coronavirus vaccine, Policy, Economy >
- Business Insider 17:05November 26, 2021A Sacramento cafe owner says she hiked her minimum wage to $16.50 an hour but new staff still didn't show up for their first shiftsThe owner of Steamers cafe said she's closing up to two hours early every day and axing online orders because she doesn't have enough staff.
< Retail, Economy, News, labor shortage, Jobs, Employment, Unemployment, Hiring, Work, Restaurants, hospitality workers, Restaurant Industry, California, Sacramento >
- Business Insider 15:11November 26, 2021A Los Angeles restaurant shut on Thanksgiving after workers didn't show up, as hospitality staff continue resigning from the industry in drovesThe Boston Market in Rancho Cucamonga couldn't fulfil its Thanksgiving orders because staff didn't come to work, reports say.
< Retail, Economy, News, labor shortage, Jobs, Employment, Work, Hiring, Unemployment, Boston Market, great resignation, the great resignation, California, Los Angeles >
- Business Insider 16:40November 24, 2021US jobless claims mark a full recovery to pre-COVID lows, sliding to 199,000Jobless claims hit their lowest point since 1969 while continuing claims fell to 2.05 million for the week that ended November 13.
< Economy, Markets, Economy, BI Graphics, Madison Hoff, Jobless Claims, Initial Jobless claims, Unemployment insurance, Unemployment benefits, Economic Data >
- Business Insider 21:58November 23, 2021The misery index: An economic indicator that measures the financial well-being of the a country's citizensThe misery index uses simple factors such as inflation and unemployment rates to explain a country's happiness levels.
< Personal Finance, Investing (Reference), Economics & Markets (Reference), PFI Reference, Investing How To, Economics & Markets, Economy, Inflation, Unemployment >
- Business Insider 14:07November 22, 2021A Michigan restaurant owner said she's taking her longest-serving staff on a trip to Puerto Rico as 'a little extra thank you' amid the labor shortage"I have a lot of respect for them and the work they do every day," the owner of Coty's Landing told MLive.
< Retail, News, Employees, labor shortage, Employment, Jobs, Work, Unemployment, Restaurants, Michigan, Puerto Rico >
- Business Insider 14:05November 20, 2021It's already too late for Biden's economy to save Democrats in the 2022 midtermsExperts see inflation cooling and unemployment dropping next year, but history suggests Republicans will still take control of the House — at least.
< Economy, Markets, Politics, Economy, midterm elections 2022, Midterm elections, Economic Recovery, BI Graphics, Andy Kiersz, Inflation, Economic Growth, Unemployment, analysis, Policy >
- Business Insider 15:54November 16, 2021More retirees are returning to the workforce as vaccination rates increase and the labor shortage boosts salaries, a report saysMore than 2.5% of retired workers in the US went back to work in October, a researcher at Indeed Hiring Lab told MarketWatch.
< Economy, News, Economy, employer, employee, Retired, Workers, Employment, Unemployment, American, Retiree >
- Business Insider 13:51November 16, 2021Childcare centers say they're turning down desperate parents because they don't have enough staff to look after more kidsChildcare centers are understaffed, which is in turn exacerbating the wider labor shortage by hampering people's ability to return to work.
< Economy, Education, News, Childcare, labor shortage, Employment, Unemployment, Jobs, Work, Economy >
- Business Insider 11:25November 16, 2021UK labor market adds 160,000 jobs in October, boosting chances the Bank of England will hike interest ratesThe UK's labor market strengthened in October, potentially easing concerns at the Bank of England about the risks of raising interest rates.
< Markets, MI Exclusive, Markets, UK Economy, UK Unemployment, coronavirus, payrolls, Labor Market, Bank of England, Interest Rates >
- Business Insider 13:40November 15, 2021Minnesota schools are struggling to feed students after their provider canceled its contract amid the labor and supply-chain chaos. 'It's kind of every district for itself right now.'A food distributor Cash-Wa ended its contract with a cooperative supplying dozens of schools across northwestern Minnesota, The Star Tribune reported.
< Education, Economy, News, Minnesota, Schools, labor shortage, supply chain crisis, Supply Chain, Education, Employment, Jobs, Unemployment, Work >
- Breitbart News 02:26November 13, 2021A Record 4.4 Million Americans Quit Their Jobs in SeptemberAccording to the report, 4.4 million Americans — three percent — chose to voluntarily leave their place of employment.
< Economy, Politics, Biden Administration, Bureau of Labor Statistics, job openings, unemployment >
- Business Insider 16:28November 12, 2021A Florida restaurant chain says boosting pay and offering better benefits helped it end its labor shortagePollo Tropical is raising prices by between 4% and 6% in December fund its higher wages, sign-on bonuses, and improved benefits.
< Retail, Economy, News, labor shortage, restaurant, Food, Fast Food, Florida, Employment, Wages, Work, Unemployment, Miami >
- Business Insider 14:31November 12, 2021Wendy's closed some dining rooms because of the labor shortage, which it said is putting pressure on its drive-thrusWendy's CEO Todd Penegor said the company had more dining rooms closed during Q3 than Q2. "That does put pressure on our digital business."
< Retail, Economy, News, Wendy's, drive thru, Fast Food, Food, labor shortage, Jobs, Work, Employment, Unemployment, Hiring >
- The Guardian(UK) 10:44November 12, 2021UK job adverts at record high in buildup to Christmas – business liveRolling coverage of the latest economic and financial newsGrowth in job adverts shows no signs of slowing ahead of ChristmasActive job postings hit 2.68 million last week, another new record highDriving instructors, prison officers and fork-lift truck drivers in increasing demand in the UKBut construction vacancies hit by shortages of suppliesUK economic recovery slows sharply as GDP grows by 1.3%Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.Britain’s ongoing labour squeeze is continuing in the run up to Christmas, as firms continue to struggle to fill vacancies. “The latest job advert numbers show recruitment activity staying strong in the run-up to Christmas. The general positive trend varies by region and sector, however. London has been affected more than other areas by the rise of hybrid working, and its jobs market continues to grow at a slower pace than the rest of the UK.And while roles in logistics and care are in high demand, the construction sector saw a drop-off last week as supply issues constrained the industry’s ability to work to capacity. Continue reading...
< Business, Economics, Stock markets, Eurozone, FTSE, UK unemployment and employment statistics >
- Business Insider 16:41November 10, 2021US weekly jobless claims dip to 267,000, setting yet another pandemic lowContinuing claims, which track people receiving unemployment benefits, jumped to 2.16 million for the week that ended October 30.
< Economy, Markets, Economy, Jobless Claims, weekly jobless claims, Initial Jobless claims, unemployment filings, BI Graphics, Andy Kiersz, Labor Market, Economic Indicators >
- Observer 16:30November 9, 2021Consumers Dread Holiday Shopping as Some Are Still Paying Off Last Year’s Bills"Millions of Americans have a razor-thin financial margin for error; inflation makes it even thinner."
< consumer sentiment, holiday season, inflation, LendingTree, unemployment, wage growth >
- Business Insider 14:28November 9, 2021Hotel bosses are finally getting it: People don't want to work for them anymoreHotel CEOs are acknowledging they need to improve pay, benefits, and working conditions to plug massive gaps in their workforce.
< Retail, News, Economy, labor shortage, Hotels, Hospitality, hospitality workers, Hotel Industry, Employment, Unemployment, Hiring, Wages, Jobs, Marriott, Hilton Hotels, Hilton, great resignation, the great resignation >
- Business Insider 16:43November 8, 2021The owner of a childcare company in California says she's shutting the business because she couldn't hire during the labor shortage. People applied but didn't follow up, she said.People were applying "and then there's just no follow up," the owner of Lil Critters Family Daycare told CalMatters.
< Economy, Education, News, labor shortage, Employment, Unemployment, Jobs, Hiring, Childcare, Education >
- Business Insider 14:41November 8, 20213 employers who hiked worker pay say they're not suffering from staff shortages. One said she was 'actually a little bit overstaffed' after boosting starting wages to $14 an hour.Some employers say they've avoided staff shortages by hiking wages. But many workers are looking for more than just bigger paychecks.
< Retail, Economy, News, labor shortage, Employment, Jobs, Work, Hiring, Unemployment >
- Business Insider 23:30November 5, 2021The monthly jobs report moves markets, policy, and headlines - but the picture has been distorted by reported figures that haven't kept up with realityInsider calculates that final revisions since May 2020 add 1.2 million jobs to the economy, but the media and political discourse hasn't caught up.
< Economy, Markets, Politics, Economy, analysis, Jobs market, Jobs Report, Unemployment insurance, pandemic unemployment assistance, Joe Biden, Marty Walsh, Policy >
- Business Insider 15:47November 5, 2021Pennsylvania Gov. Tom Wolf reportedly said it was 'embarrassing' the state minimum wage has been $7.25 for more than a decadePennsylvania hasn't raised its minimum wage since adopting the $7.25 an hour federal minimum wage in 2009.
< Economy, Politics, News, Employment, Minimum Wage, $15 an hour, $15 Minimum Wage, Federal Minimum Wage, Tom Wolf, gov. tom wolf, Pennsylvania, labor shortage, Jobs, Work, Wages, Unemployment >
- Business Insider 15:34November 5, 2021October jobs report beats expectations with 531,000 new payrolls as the Delta variant fades awayLast month's job growth exceeded the average forecast of 450,000 new payrolls. It also marked an encouraging rebound from September's small gain.
< Economy, Markets, Economy, Labor Market, Hiring, Jobs Report, nonfarm payrolls, Labor market data, NFP, jobs day, jobs data, Unemployment Rate, Economic Indicators, BI Graphics, Madison Hoff >