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+9 +2
The US should break up monopolies – not punish working Americans for rising prices | Robert Reich
The Fed is putting people out of work to reduce workers’ bargaining power and reduce inflation. They’ve got it all wrong
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+13 +4
The workers getting 100% pay for 80% of the hours
Thousands of UK workers are starting a four-day week trial from Monday. About 70 companies are taking part in what is thought to be the world's biggest pilot scheme into the working pattern over the next six months. The experiment has been organised by a group campaigning for a shorter working week, but for no loss in wages.
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+12 +2
Higher testosterone levels reduce men's risk of becoming or staying unemployed, study finds
New research provides evidence that higher testosterone levels reduce the risk of unemployment and increase the odds of landing a job. The findings, which appear in the journal Economics & Human Biology, suggest that testosterone levels in men are related to behaviors and cognitive processes that influence labor market transitions.
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+27 +4
Apple's Director of Machine Learning exits over return-to-office policy
Apple's director of machine learning, Ian Goodfellow, has resigned from the company after three years, in part due to the iPhone maker's policies about returning to work in offices.
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+23 +2
US jobs rise again as firms raise wages to woo staff
US employers added 431,000 jobs last month as the American economy continued to rebound from the shock of the coronavirus pandemic. The figures from the Labor Department marked the 15th month in a row of job gains and helped to push the unemployment rate down to 3.6%. Bars, restaurants and hotels were among the businesses leading the hiring last month.
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+14 +2
Sen. Ron Johnson says it's not 'society's responsibility' to care for 'other people's children' while arguing against child care subsidies for working parents
Wisconsin Sen. Ron Johnson argued against government efforts to make child care cheaper for parents during a visit on Tuesday to Kwik Trip's headquarters in La Crosse. "People decide to have families and become parents. That's something they need to consider when they make that choice," Johnson told local Wisconsin TV station WKBT. "I've never really felt it was society's responsibility to take care of other people's children."
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+9 +1
Jobless claims plunge to their lowest level in 52 years
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, with employers opting against layoffs amid a persistent shortage of workers. Jobless claims dropped by 71,000 to 199,000, the lowest since mid-November 1969, according to figures released by the Labor Department on Wednesday. The drop was much bigger than economists expected.
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+20 +2
Uber is looking at dispatching New York's yellow cabs from its app amid a driver shortage
Uber app users could see New York City's yellow cabs as another option alongside "UberX," which would be facilitated through TLC's "E-Hail" program.
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+16 +2
A Record Number of Americans Are Quitting Their Jobs; Highest Numbers Since 2000 - Media Traffic
A record 4.3 million people quit their jobs in August, evidence of the considerable leverage workers have in today’s economy. About 2.9% of the workforce quit in August, up from 2.7% in July, according to the Job Openings and Labor Turnover Survey (JOLTS) report, released Tuesday. That marks the highest quit rate since the report began in late 2000.
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+12 +2
Americans quit their jobs at a record pace in August
One reason America's employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves. The Labor Department said that quits jumped to 4.3 million in August, the highest on records dating back to December 2000, and up from 4 million in July.
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+4 +1
Weekly jobless claims total 351,000, worse than expected
First-time filings for unemployment benefits jumped last week, hitting the highest level in a month, the Labor Department reported Thursday. Initial claims for the week ended Sept. 18 on a seasonally adjusted basis totaled 351,000, an increase from the previous week’s upwardly revised 335,000 and well ahead of the 320,000 Dow Jones estimate. The total was the highest since the week of Aug. 21.
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+13 +3
The 10 fastest-growing jobs of the next decade—and how much they pay
The Bureau of Labor Statistics projects the U.S. will add 11.9 million jobs through 2030, many in industries that were hit hardest by the Covid-19 pandemic....and look how many are in healthcare and clean energy!
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+2 +1
Minimum wage would be $26 an hour if it had grown in line with productivity
The federal minimum wage in the U.S. has remained glued at $7.25 an hour for the last 12 years, the longest stretch without a boost since it was first adopted in 1938. Yet there's another revealing figure that underscores how the minimum wage — created by Congress after the Great Depression as a way to ensure that Americans were fairly paid for their labor — has failed to keep up with the times.
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+21 +2
Report: Google has illegally underpaid thousands of temp workers since 2019
A new investigation from The Guardian pulls no punches while detailing Google's treatment of temporary workers, saying, "Google has been illegally underpaying thousands of temporary workers in dozens of countries and delayed correcting the pay rates for more than two years as it attempted to cover up the problem."
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+16 +1
3.2 million Americans are still long-term unemployed as benefits are set to expire
More than a third of jobless Americans in August were long-term unemployed as benefits for these workers are set to expire. About 3.2 million people — or 37.4% of the total unemployed — have been out of work for at least six months, the official barometer for long-term unemployment, the U.S. Bureau of Labor Statistics reported Friday.
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+3 +1
Jobs report disappoints — only 235,000 positions added vs. expectations of 720,000
Job creation for August was a huge disappointment, with the economy adding just 235,000 positions, the Labor Department reported Friday. Economists surveyed by Dow Jones had been looking for 720,000 new hires. The unemployment rate dropped to 5.2% from 5.4%, in line with estimates.
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+13 +3
Millions of Americans will lose unemployment benefits this weekend
Millions of people are poised to lose their unemployment benefits this weekend, when federal pandemic-era policies will end. Congress authorized a historic expansion of the country’s safety net for jobless individuals in March 2020 to manage the fallout of the Covid-fueled economic downturn.
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+11 +3
65% of U.S. workers are looking for a new job
Nearly two-thirds of workers are on the hunt for a new job—and they’re getting them. Nearly nine out of 10 company executives say they are seeing higher-than-normal turnover at the organizations, according to a new survey from PricewaterhouseCoopers.
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+12 +2
Gen X workers may be facing the biggest unemployment crisis, study finds
Gen X workers aged 45 and older may be bearing the brunt of a global unemployment crisis as the pandemic adds to existing challenges for older workers, according to a new report. Rapid digital adoption during the pandemic has accelerated the automation of jobs and worsened underlying ageism, making it harder for mid-career workers to secure roles, according to the report from Generation, a non-profit employment organization.
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+14 +4
Back to the grind? Here's what the bosses really think about office work in the wake of the pandemic
After 500 days of working from home, CBC News reached out to dozens of business leaders across the country for their thoughts on the looming return to offices. Across the spectrum, one sentiment was echoed: Things definitely won't be going back to how they used to be.
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