After great resignation and quiet stop, there are ‘loud layoffs’

Shocking layoff news overshadows a bright labor market. Within weeks, massive layoffs, mostly in the technology sector, including at Twitter, Meta, Amazon, Salesforce, HP, Lyft, Doordash and more, have made headlines. More than 50,000 tech workers lost their jobs in November, up from 12,600 in October, according to Layoffs.fyi. To be clear, the total number … Read more

The number of vacancies is falling as a result of the Fed’s efforts to cool the labor market

Employees sort packages at a FedEx Express location on Cyber ​​Monday in Garden City, New York, on Monday, November 28, 2022. Michael Nagel | Bloomberg | Getty Images The number of job openings fell in October as the Federal Reserve’s efforts to cool down the sweltering labor market, the Labor Department reported Wednesday. The Job … Read more

Private hiring rose just 127,000 jobs in November, well below estimate, ADP reports

Private hiring slowed sharply in November, signaling that the historically tight labor market may be losing some momentum, according to a report Wednesday from payroll processing company ADP. Companies added just 127,000 holdings this month, a sharp drop from the 239,000 the company reported for October and well below the Dow Jones estimate of 190,000. … Read more

‘Unprecedented wave’ of RSV patients causes more delays in operations at children’s hospital

Primary Children’s Hospital announced Monday that about 50 elective, pre-planned surgeries will be postponed to allow the hospital to better manage the large influx of patients with RSV and other respiratory diseases. (Intermountain Healthcare) Estimated reading time: 3-4 minutes SALT LAKE CITY – The Primary Children’s Hospital announced Monday that about 50 elective, pre-planned surgeries … Read more

US Treasury Bond Yields as Investors Await Key Economic Data

US Treasury yields fell Monday as unrest grew in China over the country’s Covid policies, as trade awaited a slew of economic data to be released this week – which will provide insight this week into how the US is doing. economy as interest rates and inflation remain high. The benchmark 10 year treasury yield … Read more

Can online gaming comfort the tech industry amid layoffs? Experts on how the situation can unfold

As thousands of employees at major tech companies continue to worry about their futures amid the layoffs, India’s online gaming industry, which is expected to reach $1.9 billion by 2024, could help ease the burden. The industry currently employs nearly 50,000 people, with programmers and developers accounting for 30% of the workforce. According to a … Read more

Avian flu outbreak wipes out 50 million US birds, a record

Chickens without a cage are shown at a facility at Hilliker’s Ranch Fresh Eggs in Lakeside, California, April 19. Avian flu has wiped out 50.54 million birds in the United States this year, making it the deadliest outbreak in the country’s history. (Mike Blake, Reuters) Estimated reading time: 2-3 minutes CHICAGO — Avian flu has … Read more

Inflation is falling. Here’s what that means for annual pay increases

Fizkes | Ivory | Getty Images Inflation and annual wages are not in a one-to-one relationship. That became apparent to many workers last year when their annual earnings increases in pay and wages fell nowhere near the highest inflation rate in four decades. Many workers complained, even as wages were raised more than what had … Read more

Gone in 9 minutes: how the Celtic gold heist unfolded in Germany

Celtic treasure coins are on display at the local Celtic and Roman Museum in Manching, Germany, May 31, 2006. A senior official said Wednesday that organized crime groups were likely behind the theft of a huge horde of ancient gold coins stolen from a museum in southern Germany this week. (Frank Maechler, dpa via AP) … Read more

Canadian paramedic unknowingly treated daughter in fatal accident

Center paramedic Jayme Erickson, who was called to an accident last week and was unaware she was trying to save her own daughter because the injuries were too severe, is comforted by her husband Sean Erickson, as she speaks to media in Airdrie, Alberta , Tuesday. (Jeff McIntosh, The Canadian Press via AP) Estimated reading … Read more