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Job seekers turn to honesty on social media to find work

Jan 2, 2025
People are "getting really personal" and leveraging their social media networks, says Danielle Abril of The Washington Post.
Job seekers are using LinkedIn and other social media platforms to show off skills and get in touch with companies they want to work for.
Carl Court/Getty Images

Is Sweden’s green tech in trouble?

Dec 16, 2024
Northvolt opened Europe’s first electric battery factory in 2022 but has laid off roughly 1,600 workers in recent months.
The Northvolt factory in Sweden. Over the last few months, Northvolt laid off around 1,600 workers.
Courtesy Northvolt

Layoffs picked up in November as labor market cools down

Dec 5, 2024
While layoffs have been low over the last few months, the uptick signals that the labor market may be starting to lose momentum.
It'd likely take a prolonged economic slowdown to spark widespread layoffs, noted Nationwide's Kathy Bostjancic.
pcess609/Getty Images

More workers are losing "permanent" jobs. Should we be worried?

Dec 2, 2024
That statistic has risen to almost a three-year high. But if the labor market continues to add jobs at current rates, losers may become winners.
In October, the number of permanent job losers rose to the highest level since November 2021.
Getty Images

Behind Boeing's long decline: "Putting mediocre things together doesn't create a great thing."

Oct 15, 2024
Now, the company has to rebuild trust with workers as well as airline customers who have been canceling orders.
Boeing's downfall can be traced back to the McDonnell-Douglas merger.
Stephen Brashear/Getty Images

Will AI lead to layoffs? New data from CEOs says no

KPMG's latest U.S. CEO Outlook survey finds that more than 70% of corporate executives feel AI "will not dramatically change their workforce."
"What we feel is that these technologies like generative AI and AI are going to augment the skills of workers and employees," said KPMG's Paul Knopp.
Oli Scarff/Getty Images

What would you do to try and avoid a layoff?

Jul 10, 2024
Even with a comparatively low unemployment rate, layoffs are rising. A new survey lays out some of the sacrifices workers are willing to make to avoid that fate.
Between 30% to 40% of workers would be willing to take a demotion or a pay cut, make a longer commute or be relocated to avoid layoffs.
Timothy A. Clary/AFP via Getty Images

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Weekly jobless claims dip, but they've climbed this spring. What's the takeaway?

May 16, 2024
Recent data indicates some cooling of the job market, but the real number of people laid off may be higher.
The Conference Board reports more Americans anticipate that jobs will be harder to find, and employment and income trends will worsen, in the coming months.
Scott Barbour/Getty Images

Why do companies seem to prefer to cut middle management jobs?

Jan 31, 2024
Whatever the reason, shareholders seem to love hearing that jobs cuts are coming.
UPS announced nearly 12,000 layoffs on Tuesday. There have also been recent layoffs in industries like tech, media and finance.
Yuriko Nakao/Getty Images

What do all the layoffs mean in a supposedly "good" economy?

Jan 26, 2024
In the last few days, Microsoft, eBay and Salesforce have joined the list of companies that have made layoff announcements this month.
eBay announced plans to lay off an estimated 9% of their workforce.
Justin Sullivan/Getty Images