Companies hard-pressed for holiday staff despite millions of job openings
Companies that typically hire thousands of seasonal workers are heading into the holidays during one of the tightest job markets in decades, making it unlikely they’ll find all the workers they need.
Americans quit jobs at highest rate on record in August, Labor Department says
One reason America’s employers are having trouble filling jobs was starkly illustrated in a report Tuesday: Americans are quitting in droves.
Amazon to allow employees to work mostly from home indefinitely
Amazon is trying to get their employees back to the workplace by 2022, but with so many offices around the globe, they are leaving that decision to individual teams and their managers.
Nobel prize for economics awarded to 3 in US for societal research
The 2021 Nobel prize for economics on Monday was awarded to three U.S-based economists for work on so-called “natural experiments.”
Texas restaurants short 125,000 workers as slow pace of hiring continues
It's been seven months since Texas lifted restaurant capacity restrictions, but some eateries can't open up to 100 percent due to ongoing staffing shortages.
September jobs report: US adds weak 194K jobs as delta maintains hold
U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic still has a grip on the economy.
Debt ceiling: Deal reached with GOP on short-term fix, Schumer says
A debt ceiling deal that would temporarily raise the limit through December has been reached with Republicans, Senate Majority Leader Chuck Schumer said.
US unemployment claims fall to 326,000, first drop in four weeks
U.S. unemployment claims were down by 38,000 to 326,000 last week, the first drop in four weeks.
Target paying employees who work peak holiday shifts extra $2 per hour
Target said on Tuesday employees who pick up shifts during peak holiday hours will be eligible to make an extra $2 per hour.
Kroger seeks to fill 20,000 positions ahead of holiday season
Kroger is looking to fill 20,000 positions across the nation in an effort to prepare for the holiday season even as widespread labor shortages continue.
Bacon prices hit record high amid supply chain disruptions, increased demand
The cost of bacon was $4.77 in 2011 and has risen nearly 50% this year, according to U.S. Bureau of Labor and Statistics data.
Biden calls GOP’s refusal to raise debt ceiling ‘hypocritical’
President Joe Biden is giving remarks on the debt ceiling, as the U.S. quickly approaches its limit on federal borrowing.
US home prices saw record leap in July from previous year
U.S. home prices soared in July from a year earlier by a record amount as buyers desperate for homes bid up prices amid a limited supply of available properties.
Dollar Tree to sell more items above $1 amid rising shipping costs
The company had already begun testing higher prices at several hundred of its nearly 8,000 locations in the Dollar Tree Plus section and received positive feedback from customers.
US unemployment claims tick up from near a pandemic low
U.S. unemployment claims rose last week for a second straight week to 351,000.
Nabisco strike that impacted several states over after workers ratify new contract
The strike began on Aug. 10 and impacted factories in Chicago, Portland, Ore., Aurora, Colo., Richmond, Va., Chicago, Ill. and Norcross, Ga.
Biden calls on wealthy to ‘pay their fair share’ in speech on economy
President Biden says America's economy is at an inflection point during a speech Thursday afternoon.
US consumer prices rise 0.3% in August 2021, lowest in 7 months
U.S. consumer prices rose a lower-than-expected 0.3% last month, a hopeful sign that a recent jump in inflation may be cooling.
US Postal Service hiring 40,000 seasonal workers for 2021 holidays
The U.S. Postal Service is hiring more than 40,000 seasonal workers in preparation for the 2021 holiday season.
UPS aims to hire 100K ahead of 'record peak holiday season'
UPS is planning to hire 100,000 seasonal workers ahead of an anticipated crush of holiday orders to begin as early as October.