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Rebooting a multibillion-dollar business after tens of thousands of layoffs

Nov 1, 2022
Jerry and Lou Jacobs, co-CEOs of global hospitality company Delaware North, say inflation is a bigger concern than labor right now.
Jerry, left, and Lou Jacobs are co-CEOs of Buffalo-based company Delaware North. Inflation requires the business to be agile and flexible, Lou Jacobs says.
Brandon Watson

How "long COVID" is impacting the labor force

Sep 13, 2022
A new Stanford study found that long-haul COVID and other COVID-related health issues have led at least half a million workers to leave the job market.
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More people looked for jobs in August, easing labor market pressures

Sep 2, 2022
But the share of the population in the job market is still about a percentage point below the level of February 2020.
Labor force participation among women in the 25-to-54 age group has recovered to pre-pandemic levels, but that's not true of women overall.
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Small businesses are having a hard time attracting and keeping workers

May 4, 2022
Because bigger businesses can offer more.
Small businesses with fewer than 50 employees lost 120,000 jobs in April.
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What's stopping so many people from heading back to work? It's not just COVID.

Feb 4, 2022
Child care issues and untenable work options play a role.
There are plenty of things holding people back from taking a bevy of available jobs.
Olivier Douliery/AFP via Getty Images

Omicron worries could keep some workers out of labor force

Dec 2, 2021
There are signs that health concerns, particularly for older Americans, are decreasing interest in being employed or “unretiring.”
Workers over 65 were the fastest-growing segment of the labor force pre-COVID but have retired at an accelerated pace over the last two years.
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From middle school teacher to stay-at-home dad: Why one father left his job

Dec 2, 2021
When the pandemic forced schools to close, Michael Cochran left his job to take on more childcare responsibilities at home.
A father left his job as a teacher to focus on family. Here's how they are making it work.
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For public good, not for profit.

Workers want better pay and incentives, and businesses are responding

Aug 18, 2021
The response, however, has led to a shift in the workforce where people are still leaving for even better-paying jobs. Small businesses are trying to keep up.
Many small businesses are realizing they have to compete with the amount of money people are receiving in unemployment benefits if they want to fill empty positions.
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Is the labor shortage a crisis or an adjustment?

Jun 1, 2021
According to new data, there are now 1.4 workers for each open job. Normally, that ratio is closer to 2.8 workers per vacant position.
Many industries are raising wages and offering bonuses to lure applicants. But will it work?
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What a $15-per-hour federal minimum wage could do

Feb 22, 2021
Raising the minimum from $7.25 to $15 per hour is part of the American Rescue Act, now making its way through Congress.
The bump up to a $15 hourly minimum wage would make a big difference for people of color in particular.
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