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Stories Tagged as

Layoffs

Unengaged workers are fired up about "quiet quitting"

by Kai Ryssdal , Anais Amin and Sean McHenry
Aug 22, 2022
Young workers' sense of "wanting to untether my job from my identity" has grown in the past year, The Journal's Lindsay Ellis reports.
During the pandemic, with stress and mental health problems widespread, more employees have become less committed to their jobs.
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Apple is the latest tech firm to cut staff. What do the layoffs tell us about the economy?

by Justin Ho
Aug 17, 2022
In some cases, it’s about responding to competition. In others, it’s a way of bracing for a possible economic downturn.
Apple recently laid off roughly 100 workers in its recruiting division, according to Bloomberg. It joins other tech companies that have decided to slow hiring.
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Layoffs may be on the horizon. Is the unemployment insurance system ready?

by Mitchell Hartman
Aug 4, 2022
States are upgrading antiquated technology. But there are still big disparities among states.
Though states are investing to upgrade unemployment systems, there are still wide disparities among their processes and the benefits they provide.
Saul Loeb/AFP via Getty Images
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Job openings are still near record highs — and still outnumber applicants

by Meghan McCarty Carino
Jun 1, 2022
There are almost two job openings for every unemployed person.
There are almost two openings for every unemployed person. That's good for workers but may be stoking inflation.
Justin Sullivan/Getty Images
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COVID & Unemployment

Job market looks strong as 2021 ends. 2022 looks uncertain.

by Marielle Segarra
Dec 30, 2021
Weekly unemployment claims are still hovering at the lowest level we've seen since 1969.
Though first-time unemployment claims are at their lowest point in about 50 years, omicron could disrupt the job market.
Patrick T. Fallon via Getty Images
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COVID & Unemployment

Will companies choose to rehire laid-off employees or hire new ones?

by Erika Beras
Dec 23, 2020
When they're ready to start hiring, businesses have to consider costs and legal issues.
A flight attendant passes out refreshments. Airlines are among the industries that could rehire workers once pandemic relief is distributed.
Michael Loccisano/Getty Images
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Economic Anxiety Index®

Older workers worry about the prospect of finding a new job

by Jasmine Garsd
Oct 20, 2020
Age discrimination is illegal, but experts say it’s still rampant.
According to the latest Marketplace-Edison Research Poll, 30% of workers 55 and older aren’t confident at all about the prospect of finding a new job if they needed one.
Timothy A. Clary/AFP via Getty Images
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COVID & Unemployment

One key to fixing the economy? Getting low-wage workers help

by David Brancaccio , Meredith Garretson and Erika Soderstrom
Oct 16, 2020
Christopher Low, chief economist at FHN Financial, says low-wage workers are suffering the bulk of job losses — the opposite of what happened in 2008.
A pedestrian walks by a San Francisco restaurant closed because of COVID-19.
Justin Sullivan/Getty Images
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COVID & Unemployment

Where's the safety net for laid-off workers?

by Andy Uhler
Sep 30, 2020
Heading into the third quarter of the COVID economy, companies are shedding thousands of employees with little government relief in sight.
An unemployed airport worker calls for extended unemployment benefits in August. Airline workers are expecting mass layoffs beginning Thursday.
Joe Raedle/Getty Images
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COVID-19

Disney laying off 28,000 employees, mostly at theme parks

by Nova Safo
Sep 30, 2020
The head of Disney’s theme parks unit said that uncertainty over the pandemic’s duration had made cuts unavoidable.
The company says two-thirds of those who will be laid off are part-time employees.
Derek Lee/Disneyland Resort via Getty Images
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