‘These jobs can be respectable too’: Why youths in China are abandoning white-collar jobs for ‘light labor’
"Since we have accumulated a certain level of GDP and economic foundations … young people want to feel individualism," says
Read more
Personnel
Nearly 750,000 adults may lose SNAP federal food assistance after debt ceiling deal, research shows
A bipartisan deal to raise the federal debt ceiling included changes to SNAP food assistance benefits. Here's who may be
Read more
Brace for disruption — but A.I. won’t eliminate jobs completely, says Singapore’s deputy prime minister
Singapore's deputy prime minister Lawrence Wong does not believe technology will eliminate jobs completely. Source link
Read more
Spotify lays off 200 employees, or about 2% of its workforce
The streaming company said the layoffs were part of a pivot towards a more tailored partnership approach with podcast creators.
Read more
Largest terminal at Long Beach, California port won’t open Monday after getting hit by labor turmoil
Ports and workers are locked in an unofficial dispute over wages, as well as safety, automation and pension benefits. Source
Read more
West Coast ports shut down as union workers ‘no show’ after breakdown in wage negotiations
West Coast ports are shutting down after union workers walked off the job after a failure in negotiations with port
Read more
5 things to know before the stock market opens Friday
Here are the most important news items that investors need to start their trading day. Source link
Read more
Here’s what to watch out for in Friday’s jobs report for May
Economists surveyed by Dow Jones expect job growth in May of 190,000, a decline from the 253,000 in April. Source
Read more
The ‘great resignation’ — a trend that defined the pandemic-era labor market — seems to be over
The rate at which workers quit their jobs has declined to pre-pandemic levels as the labor market has gradually cooled.
Read more