Is the tech recession over? Maybe.
After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months.
After peaking early this year, the number of tech industry layoffs—and the number of companies cutting those jobs—appears to have slowed in recent months.
More than ever, Indianapolis-area companies are becoming so-called “second-chance employers” willing to hire people with arrest records and providing additional services to ex-offenders needing first jobs.
To attract women, trucking firms are working to make their work less unpredictable and time-consuming.
While some industries—such as manufacturing, warehousing, and retail—have slowed their hiring in recent months, they aren’t yet cutting jobs in large numbers.
The government’s report also showed that the number of people who quit their jobs in June fell sharply to 3.8 million, from 4.1 million, another sign the job market is slowing.
The June hiring figure reported by the government Friday is the smallest in 2-1/2 years. But it still points to a durable labor market that has produced a historically high number of advertised openings.
The four-week moving average of claims, which flattens some of the week-to-week fluctuations, rose to its highest level since November 2021.
The May jobs report reveals the 29th straight month of strong job growth that has come to define the pandemic recovery economy.
Since the pandemic purge of millions of jobs three years ago, the U.S. economy has added jobs at a breakneck pace and Americans have enjoyed unusual job security.
April’s hiring gain compares with 165,000 in March and 248,000 in February and is still at a level considered vigorous by historical standards.
Airlines are trying to avoid a rerun of last year, when they were caught unprepared for a rapid recovery in air travel.
Nearly all of last month’s hiring occurred in services industries—from restaurants and hotels to retailers and health care companies.
From Amazon to Microsoft to Twitter and many others, tech companies nationwide have announced more than 200,000 layoffs since the start of the year. But is a different story emerging in Indiana?
New Indiana Secretary of State Diego Morales has hired his brother-in-law for a post paying a six-figure salary, in a move that has drawn criticism as crossing an ethical line.
Many tech companies admit that they hired too much during the pandemic, betting that lifestyle changes—including remote work, e-commerce spending and video-game habits—would bring a bigger windfall. Now they’re dealing with the aftermath.
Compensation has long been a taboo topic around most watercoolers, but that’s changing as more states are forcing companies to open up about their salaries.
January’s job growth far exceeded December’s 260,000 total and extended a streak of powerful hiring gains that raised concerns at the Federal Reserve about inflation pressures.
The FTC proposal is based on a preliminary finding that noncompete clauses quash competition in violation of Section 5 of the Federal Trade Commission Act. Section 5 bans unfair methods of competition.
Private payrolls increased 235,000 last month, led by small- and medium-sized businesses, according to data from ADP Research Institute in collaboration with Stanford Digital Economy Lab. The figure exceeded all but one forecast in a Bloomberg survey of economists.
The U.S. labor market showed little sign of slowing last month, maintaining a surprisingly robust pace despite a slowdown in the tech industry.