Young Tech Workers Are Turning to TikTok to Cope With Layoffs

Some workers are using the platform to share stories about job cuts, give advice and search for new roles.

#careers-and-professions, #corporations, #labor-and-jobs, #layoffs-and-job-reductions, #tiktok-bytedance, #unemployment, #video-recordings-downloads-and-streaming

How to Manage Your Money After a Layoff

How to get a handle on your finances after being let go from your job.

#401k-403b-and-457-plans, #budgets-and-budgeting, #content-type-service, #disability-insurance, #health-insurance-and-managed-care, #layoffs-and-job-reductions, #life-insurance, #nondisclosure-agreements, #personal-finances, #stock-options-and-purchase-plans, #unemployment, #unemployment-insurance

When Having a Baby and Losing Your Job Collide

At tech companies that spent recent years expanding paid parental leave, parents have felt the whiplash of mass layoffs in an especially visceral way.

#family-leaves, #layoffs-and-job-reductions, #paid-time-off, #parenting, #unemployment

U.S. Hiring Surges With January Gain of 517,000 Jobs

The report defied expectations and underscored the challenges for the Federal Reserve, which is trying to cool the labor market to fight inflation.

#federal-reserve-system, #hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #labor-department-us, #prices-fares-fees-and-rates, #unemployment, #united-states-economy, #wages-and-salaries

Long Covid Is Keeping Significant Numbers of People Out of Work, Study Finds

An analysis of workers’ compensation claims in New York found that 71 percent of claimants with long Covid needed continuing medical treatment or were unable to work for six months or more.

#chronic-condition-health, #coronavirus-2019-ncov, #coronavirus-risks-and-safety-concerns, #labor-and-jobs, #long-covid, #new-york-state, #new-york-state-insurance-fund, #research, #unemployment, #workerscompensation-insurance

As France Moves to Delay Retirement, Older Workers Are in a Quandary

A measure to raise the retirement age to 64 from 62 is expected to expose more people to age discrimination: “Companies in France won’t hire them.”

#age-chronological, #borne-elisabeth, #discrimination, #france, #hiring-and-promotion, #labor-and-jobs, #macron-emmanuel-1977, #retirement, #unemployment

The Fed May Finally Be Winning the War on Inflation. But at What Cost?

There’s a good chance that the Fed could push the economy into recession. The pain will not be shared equally.

#federal-reserve-bank-of-minneapolis, #federal-reserve-system, #floyd-george-d-2020, #inflation-economics, #kashkari-neel-t, #poverty, #unemployment, #united-states-economy

US Added 223,000 Jobs in December, a Slight Easing in Pace

The Federal Reserve’s moves to cool the economy with higher interest rates seem to be taking gentle hold. Wage growth lost momentum.

#biden-joseph-r-jr, #consumer-behavior, #federal-reserve-system, #hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #labor-department-us, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

Even a Soft Landing for the Economy May Be Uneven

Small businesses and lower-income families could feel pinched in the months ahead whether or not a recession is avoided this year.

#inflation-economics, #layoffs-and-job-reductions, #prices-fares-fees-and-rates, #recession-and-depression, #small-business, #unemployment, #united-states-economy, #wages-and-salaries

France Desperately Needs Workers, but the Fixes Could Anger Left and Right

Legalization of undocumented workers and pared-down unemployment benefits are part of the government’s plan to fill hundreds of thousands of jobs.

#france, #hiring-and-promotion, #illegal-immigration, #labor-and-jobs, #macron-emmanuel-1977, #marx-thierry, #paris-france, #politics-and-government, #unemployment, #unemployment-insurance, #wages-and-salaries

China’s Youths, Stung by Years of Covid Rules, Fear Grim Job Future

A sluggish economy continues to leave many young people unemployed, with few job prospects or hopes to tap into the rising incomes their parents enjoyed during boom times.

#careers-and-professions, #china, #colleges-and-universities, #coronavirus-2019-ncov, #demonstrations-protests-and-riots, #government-employees, #graduate-schools-and-students, #labor-and-jobs, #layoffs-and-job-reductions, #unemployment, #youth

U.S. Job Growth Remains Strong, Defying Fed’s Rate Strategy

Employers added 263,000 workers in November, even as some industries showed signs of a slowdown. Wage growth exceeded expectations.

#federal-reserve-system, #hiring-and-promotion, #interest-rates, #labor-and-jobs, #labor-department-us, #layoffs-and-job-reductions, #unemployment, #united-states-economy

Why Are Middle-Aged Men Missing From the Labor Market?

Men ages 35 to 44 are staging a lackluster rebound from pandemic job loss, despite a strong economy.

#careers-and-professions, #coronavirus-2019-ncov, #generation-z, #labor-and-jobs, #layoffs-and-job-reductions, #men-and-boys, #recession-and-depression, #subprime-mortgage-crisis, #unemployment

Job Openings Ease, but Layoffs Are Little Changed

Government data for October shows the labor market is still strong, though cooling slightly.

#federal-reserve-system, #hiring-and-promotion, #labor-and-jobs, #labor-department-us, #layoffs-and-job-reductions, #unemployment, #united-states-economy

Tech’s Talent Wars Have Come Back to Bite It

Hiring the best, the brightest and the highest number of employees was a badge of honor at tech companies. Not anymore as layoffs surge.

#careers-and-professions, #computers-and-the-internet, #hiring-and-promotion, #labor-and-jobs, #layoffs-and-job-reductions, #meta-platforms-inc, #recession-and-depression, #silicon-valley-calif, #start-ups, #twitter, #unemployment

The Lingering Tragedy of Japan’s Lost Generation

Japan can’t summon the will to confront the problems of its economic underclass.

#abe-shinzo, #japan, #kishida-fumio, #labor-and-jobs, #liberal-democratic-party-japan, #unemployment, #yamagami-tetsuya

U.S. Added 261,000 Jobs in Strong Showing

Job growth is slowing but remains stronger than comfortable for the Federal Reserve, which is trying to tame high inflation.

#federal-reserve-system, #government-bonds, #inflation-economics, #interest-rates, #labor-and-jobs, #labor-department-us, #layoffs-and-job-reductions, #midterm-elections-2022, #unemployment, #united-states-economy

Yes, Americans Are Really Down on the Economy. But Why?

Inflation may not be the only answer.

#debatable, #federal-reserve-system, #inflation-economics, #oil-petroleum-and-gasoline, #powell-jerome-h, #recession-and-depression, #unemployment, #united-states-economy

Labor Hoarding Could be Good News for the Economy

Employers have been burned by a labor shortage. Will that make them act differently if the economy slows down?

#coronavirus-2019-ncov, #federal-reserve-system, #hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #layoffs-and-job-reductions, #powell-jerome-h, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

U.S. Job Growth Eases, but Is Too Strong to Suit Investors

The gain of 263,000 was shy of recent monthly totals but still robust. Stocks fell on fears of a harder, longer Fed campaign to fight inflation.

#federal-reserve-system, #hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #labor-department-us, #layoffs-and-job-reductions, #prices-fares-fees-and-rates, #recession-and-depression, #unemployment, #united-states, #united-states-economy

The Job Market Has Been Like Musical Chairs. Will the Music Stop?

Many workers grew comfortable thinking they had plenty of options. Now “everybody’s feeling the whiplash,” and anxiety is rising.

#careers-and-professions, #hiring-and-promotion, #labor-and-jobs, #layoffs-and-job-reductions, #unemployment, #united-states-economy

Who’s Afraid of the Consumer Price Index?

There wasn’t really much news in that inflation report.

#consumer-price-index, #federal-reserve-system, #inflation-economics, #unemployment, #united-states-economy

In New York City, Pandemic Job Losses Linger

Even as the country as a whole has recovered all of the jobs it lost during the pandemic, the city is still missing 176,000 — the slowest recovery of any major metropolitan area.

#hiring-and-promotion, #labor-and-jobs, #layoffs-and-job-reductions, #new-york-city, #new-york-hotel-and-motel-trades-council, #unemployment, #youth

U.S. Job Growth Slowed in August

The monthly employment report suggested that the Federal Reserve might be able to tame inflation without causing a recession.

#federal-reserve-system, #inflation-economics, #interest-rates, #labor-and-jobs, #labor-department-us, #prices-fares-fees-and-rates, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

What Will Happen to Black Workers’ Gains if There’s a Recession?

Black unemployment fell quickly after the initial pandemic downturn. But as the Federal Reserve fights inflation, those gains could be eroded.

#black-people, #federal-aid-us, #federal-reserve-system, #hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #layoffs-and-job-reductions, #recession-and-depression, #unemployment, #united-states-economy, #united-states-politics-and-government, #wages-and-salaries

With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic

The increase of 528,000 outstripped expectations, and the gains were spread widely across industries. The jobless rate fell to 3.5 percent.

#federal-reserve-system, #hiring-and-promotion, #labor-and-jobs, #labor-department-us, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

How Goes the War on Inflation?

The news on prices is surprisingly good.

#federal-reserve-system, #inflation-economics, #interest-rates, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

These Republican Governors Are Delivering Results, and Many Voters Like Them for It

Some G.O.P. governors have high public profiles, others fly below the radar — and many are excelling.

#abbott-gregory-w-1957, #baker-charles-d-jr, #budgets-and-budgeting, #bureau-of-labor-statistics, #cato-institute, #coronavirus-2019-ncov, #cox-spencer-j-1975, #democratic-party, #desantis-ron, #ducey-doug-1964, #governors-us, #holcomb-eric-1968, #hutchinson-asa, #kemp-brian-p, #labor-and-jobs, #midterm-elections-2022, #noem-kristi, #politics-and-government, #republican-party, #reynolds-kimberly-1959, #ricketts-john-peter, #scott-phil-1958, #states-us, #sununu-christopher-t-1974, #trump-donald-j, #unemployment, #united-states

Inflation Is Bad, But Unemployment Is Far Worse

The case for moving cautiously with interest rates.

#economic-conditions-and-trends, #inflation-economics, #interest-rates, #internal-sub-only-nl, #recession-and-depression, #unemployment, #united-states-economy

How to Invest During Inflation

While the news may indicate that the markets and economy are rocky, long-term investors can ride it out with a little luck and a lot of planning, our columnist says.

#content-type-service, #federal-reserve-system, #inflation-economics, #interest-rates, #recession-and-depression, #stocks-and-bonds, #unemployment, #united-states-economy

U.S. Economy Added 372,000 Jobs in June, Defying Slowdown Fears

The strong Labor Department report comes as consumers and businesses express increasing concern about a downturn.

#federal-reserve-system, #hiring-and-promotion, #interest-rates, #labor-and-jobs, #labor-department-us, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

We Are Not Powerless Against a Recession

Rushing in to confront a crisis is always better than letting it simply unfold.

#coronavirus-aid-relief-and-economic-security-act-2020, #corporate-taxes, #federal-reserve-system, #labor-and-jobs, #recession-and-depression, #stimulus-economic, #unemployment, #unemployment-insurance, #united-states-economy

Crypto Crash Widens Divide Between Rich and Amateur Traders

No cryptocurrency investor has been spared the pain of plunging prices. But the fallout from more than $700 billion in losses is far from even.

#armstrong-brian-1983, #bitcoin-currency, #careers-and-professions, #coinbase-inc, #computers-and-the-internet, #currency, #executive-compensation, #gemini-trust-co-llc, #high-net-worth-individuals, #labor-and-jobs, #layoffs-and-job-reductions, #start-ups, #unemployment, #virtual-currency, #winklevoss-cameron, #winklevoss-tyler

Less Takeout, More Produce Swapping: How Inflation Is Altering People’s Behavior

From driving fewer miles to downgrading vacations, Americans are making meaningful changes to their spending. Here’s how five households are coping with the highest inflation in decades.

#consumer-behavior, #income, #inflation-economics, #mortgages, #personal-finances, #prices-fares-fees-and-rates, #unemployment, #united-states-economy

The Potential Dark Side of a White-Hot Labor Market

The strong job market may be about to take a turn for the worse. That could come to haunt those who made choices based on today’s conditions.

#colleges-and-universities, #inflation-economics, #labor-and-jobs, #layoffs-and-job-reductions, #tuition, #unemployment, #united-states-economy

Hiring Remains Strong Even as Fed Tries to Cool Economy

The Labor Department reported 390,000 new jobs in May, as policymakers try to ease inflation without inducing a recession.

#coronavirus-2019-ncov, #inflation-economics, #labor-and-jobs, #labor-department-us, #prices-fares-fees-and-rates, #unemployment, #united-states-economy, #wages-and-salaries

The key numbers in the jobs report and how to interpret them.

Policymakers are trying to strike a balance in cooling inflation without causing a recession — which makes interpreting jobs reports trickier than usual.

#hiring-and-promotion, #inflation-economics, #labor-and-jobs, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

The Economy Is Weird. Two Experts on Where It Goes From Here.

Is the U.S. economy really in bad shape, and is a recession coming?

#audio-neutral-informative, #economic-conditions-and-trends, #inflation-economics, #interest-rates, #labor-and-jobs, #recession-and-depression, #unemployment, #united-states-economy

What Higher Interest Rates Could Mean for Jobs

Layoffs are up only minimally, and employers may be averse to shedding workers after experiencing the challenges of rehiring.

#federal-reserve-system, #hiring-and-promotion, #interest-rates, #labor-and-jobs, #layoffs-and-job-reductions, #recession-and-depression, #unemployment, #united-states-economy

Working Mothers, Punished by Pandemic, Mostly Kept Working

When it came to who lost jobs, education mattered much more than gender, a broad new analysis found.

#child-care, #families-and-family-life, #labor-and-jobs, #layoffs-and-job-reductions, #parenting, #unemployment, #women-and-girls

April Jobs Report: Gain of 428,000 Shows Vibrant Labor Market

The Labor Department reported a gain of 428,000 jobs in April, along with a 5.5 percent increase in average hourly earnings from a year earlier.

#hiring-and-promotion, #inflation-economics, #interest-rates, #labor-and-jobs, #labor-department-us, #unemployment, #united-states-economy, #wages-and-salaries

Unemployment Is Low. That Doesn’t Mean the Economy Is Fine.

Recessions begin when the jobless rate is low.

#economic-conditions-and-trends, #inflation-economics, #interest-rates, #internal-sub-only-nl, #labor-and-jobs, #recession-and-depression, #unemployment, #united-states-economy

Workers are returning, just not as fast as employers want to hire them.

After lagging earlier in the recovery, the labor force has rebounded strongly in recent months. But job openings are rising even faster.

#hiring-and-promotion, #labor-and-jobs, #labor-department-us, #unemployment, #united-states-economy

Rapid Inflation, Lower Employment: How the U.S. Pandemic Response Measures Up

The United States spent more on its policy response than other advanced economies. Now economists are revisiting how that worked.

#american-rescue-plan-2021, #coronavirus-2019-ncov, #coronavirus-aid-relief-and-economic-security-act-2020, #economic-conditions-and-trends, #eurozone, #federal-reserve-system, #inflation-economics, #labor-and-jobs, #unemployment, #unemployment-insurance, #united-states-economy

To Stop Inflation, Will We Need to Engineer a Recession?

Raising interest rates will pour cold water on an economy many believe is overheated — but at the risk of triggering a downturn.

#consumer-price-index, #debatable, #inflation-economics, #powell-jerome-h, #real-estate-and-housing-residential, #summers-lawrence-h, #unemployment

Paul Krugman on Why the Economy Is Doing Better Than We Think

The economist and Times Opinion columnist discusses inflation, unemployment and the supply chain crisis.

#economics-theory-and-philosophy, #supply-chain, #unemployment, #united-states, #united-states-economy

‘La French Tech’ Arrives Under Macron, but Proves No Panacea

The president has brought innovation, jobs and growth. Still, resentments fester on the eve of the presidential election.

#alphabet-inc, #amazon-com-inc, #computers-and-the-internet, #deepmind-technologies-ltd, #deliveroo-roofoods-ltd, #e-commerce, #economic-conditions-and-trends, #elections, #entrepreneurship, #facebook-inc, #foreign-investments, #france, #google-inc, #income-inequality, #labor-and-jobs, #le-pen-marine, #macron-emmanuel-1977, #politics-and-government, #start-ups, #unemployment, #unemployment-insurance

For Macron, France’s Troubled Industries Hit Home

President Emmanuel Macron vowed an economic revival, but as he seeks re-election, a Potemkin factory in the town where he was raised shows just how hard that can be.

#amiens-france, #economic-conditions-and-trends, #elections, #factories-and-manufacturing, #france, #labor-and-jobs, #layoffs-and-job-reductions, #le-pen-marine, #macron-emmanuel-1977, #national-front-france, #organized-labor, #politics-and-government, #unemployment, #whirlpool-corporation, #yellow-vests-movement

The US Economy Is Booming. Why Are Economists Worrying About a Recession?

There is little sign that a recession is imminent. But sky-high demand and supply shortages are testing the economy’s limits.

#coronavirus-2019-ncov, #federal-reserve-system, #inflation-economics, #interest-rates, #labor-and-jobs, #prices-fares-fees-and-rates, #recession-and-depression, #unemployment, #united-states-economy, #wages-and-salaries

Strong Job Gains in March Keep a Flame Under the Recovery

The U.S. economy added 431,000 jobs and the unemployment rate fell to 3.6 percent. Wages showed sharp gains, but that has been blunted by inflation.

#biden-joseph-r-jr, #bureau-of-labor-statistics, #coronavirus-2019-ncov, #federal-reserve-system, #hiring-and-promotion, #inflation-economics, #labor-and-jobs, #prices-fares-fees-and-rates, #unemployment, #united-states-economy, #wages-and-salaries