Why it’s possible to have too much employment in the U.S.
Since 1977, the Federal Reserve has focused on creating maximum employment and stable prices, commonly known as the dual mandate.
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Labor economy
Layoffs are up nearly fivefold so far this year with tech companies leading the way
Companies announced nearly 90,000 layoffs in March, a sharp step up from the previous month. Source link
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Here’s where the A.I. jobs are
Nearly 800,000 job listings in 2022 were AI-related roles. From California to New York, the burgeoning industry has found a
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Amazon lays off more than 100 employees in its video games division: Read the memo here
The layoffs included employees in the Game Growth group, its San Diego gaming studios, and Prime Gaming, Amazon Games VP
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GM says 5,000 salaried workers will take buyouts, expects $1 billion charge in first quarter
About 5,000 white-collar workers at GM opted to participate in a buyout program to lower the automaker's global headcount and
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Google to cut down on employee laptops, services and staplers for ‘multi-year’ savings
Google CFO Ruth Porat made references to the year 2008, when Google made similar cuts to respond to the financial
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Full-time office work is ‘dead’: 3 labor experts weigh in on the future of remote work
The pandemic-era trend of working from home has staying power, due to benefits for workers and their employers, labor economists
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Large trucker protests over California’s gig worker law AB5 shut down Port of Oakland terminals
Trucker protests over California's gig worker law known as AB5 reach a third day and shutter Port of Oakland productivity
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44% of Americans work a side hustle to make ends meet — but it may not be an efficient way to earn more, says expert
Americans are increasingly turning to extra jobs to make enough money to make ends meet, a survey found. Source link
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