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Goldman Sachs’ CEO demanded all employees return full-time to the office. Only half showed up

[Fortune] Fighting a strong trend toward hybrid work, Goldman Sachs CEO David Solomon has repeatedly insisted that employees return to the office full-time, leaving no doubt that he views remote work as a temporary aberration. But on the day the investment banking giant reopened its U.S. offices in February, after shutting down during the Omicron wave, just 50%, or […]

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U.S. private payrolls rise solidly as labor market continues to gain traction

[Reuters] Private payrolls increase 475,000 in FebruaryJanuary data revised higher to show gain instead of loss U.S. private employers hired more workers than expected in February and data for the prior month was revised sharply higher to show strong job gains instead of losses, aligning with other reports that have painted an upbeat picture of […]

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The labor shortage could lead to a recession next year

[CNN Business] Over the past 12 months, US consumer prices rose by 7.5%, the highest rate in nearly 40 years. Worse, inflation is showing no signs of slowing.The Federal Reserve typically fights inflation by raising interest rates, which slows the economy by reducing the demand for goods and services. Ideally, the rate increases are sufficient to slow […]

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9 Up-and-Coming Side Hustles To Consider in 2022

[GO Banking Rates, Shutterstock] Amid the Great Resignation and an ongoing pandemic that is contributing to the dramatic surge of inflation, the American work life is changing. People are working as hard as ever, but many (particularly millennials and Gen Z) are placing greater importance on flexibility and the option to work from home. Side hustles are becoming […]

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Companies unexpectedly cut 301,000 jobs in January as omicron slams labor market, ADP says

[CNBC] Private payrolls fell by 301,000 for January versus the estimate for a 200,000 gain, according to payrolls processing firm ADP.This was the first reported net job less since December 2020 and came as surging omicron cases hit hiring.The pandemic-sensitive leisure and hospitality industry was the hardest hit, losing 154,000 jobs. Companies cut jobs in […]

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I was a driver for delivery apps for 100 days in a row. Here’s what I learned

[TODAY] A driver shares the ins and outs of delivery for companies like Uber Eats and DoorDash after covering more than 13,000 miles in 100 straight days of delivering orders. By Owen Lindstrom Owen Lindstrom knows all the ins and outs of being a driver for food delivery apps like Uber Eats and DoorDash after spending […]

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Full Recovery in Global Labor Market Could Take Years

[Wallstreet Journal] U.N. projections note a divide between rich countries with labor shortages and poor ones where joblessness remains high It will take at least two years before global unemployment falls back to pre-pandemic levels, according to fresh projections, with joblessness in poor countries remaining high even as labor markets in rich countries become increasingly […]

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2022 job market predictions according to CareerBuilder CEO

[Fox Business] CareerBuilder chief Sue Arthur shares her projections for the next year Facebook Twitter Comments Print Email Forbes Media chairman reacts to the November jobs report as market volatility rises on ‘FOX Business Tonight.’  Employment platform CareerBuilder is gearing up for an influx of traffic at the start of 2022 after seeing a major […]

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30 jobs that pay $30 an hour

[CareerBuilder] Looking for a specific salary? We’ve got 30 examples of $30-an-hour jobs or more. Nobody likes to be average. Not you. Not me. Not even your salary. The national mean salary in the United States is $56,310 according to the National Compensation Survey. That works out to be $27 per hour. So in order to […]

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