Without more detailed data from the federal government, it’s hard to know.
Companies making the biggest investments in AI are spending less elsewhere.
Job cut announcements rose 29% in July from the previous month, according to outplacement firm Challenger, Gray & Christmas.
Private-sector hiring slowed down in February and small businesses cut jobs. Plus, new unemployment claims were up last week.
Adam Grant of The Wharton School describes evidence-based strategies for getting the best out of employees.
In Valley County, Idaho, for example, data show that the Forest Service is the area’s third largest employer — ahead of a school district, the local hospital and a major ski resort.
Employees who lose their jobs at the end of they year may vent on social media. That can hurt a company’s reputation, experts say.
Demand for oil has come back a bit, but it’s still lower than it was before the pandemic.
Because it makes everything from Post-its to plane parts, the company’s performance says a lot about where this economy is.
Major company layoffs are not tied to economic worries necessarily.