Business

3 million workers are missing amid the labor shortage, and 2 million of them are immigrants who never came to the US because of Trump-era policies

A record high wave of people quitting could be to blame for the impact of the current labor shortage on American businesses. The Bureau of Labor
Retirees are ‘unretiring’ — and that’s good for the labor market
Business

Retirees are ‘unretiring’ — and that’s good for the labor market

The labor market is good because retirees are coming out of retirement. According to economists, health risks and other factors led many to leave
Business

Amazon warehouse staff in New York withdraw their union petition from the NLRB

According to AP News, Amazon warehouse workers in New York withdrew the union petition on Friday. Christian Smalls, an ex-employee who led the
Business

Goldman just figured out why the labor shortage will last for a long time: 60% of the missing workers retired, many for good

People who took their retirement during the pandemic won't be coming back. MoMo Productions/Getty As the economy recovers after the pandemic, labor
Federal appeals court temporarily halts new Biden vaccine rule for companies
Tech

Federal appeals court temporarily halts new Biden vaccine rule for companies

On Saturday, a federal appeals court stayed the Biden administration's vaccination rules for US businesses. A new rule was announced Thursday that
Business

Trucking industry hails 'huge victory' after Labor Secretary says most truckers will be exempt from Biden's vaccine mandate

Photo by David L. Ryan/The Boston Globe via Getty Images Marty Walsh, Labor Secretary, stated that "most truckers" would be exempted from Biden’s
Labor secretary says most truck drivers are exempt from Covid mandate, handing industry a win
Business

Labor secretary says most truck drivers are exempt from Covid mandate, handing industry a win

Biden's mandate to test or administer vaccines to businesses with more than 100 employees took effect Friday after the Occupational Safety and Health
U.S. Economy Added 531,000 Jobs Last Month—But 7.4 Million Americans Are Still Unemployed
Business

U.S. Economy Added 531,000 Jobs Last Month—But 7.4 Million Americans Are Still Unemployed

Topline The U.S. added 531,000 jobs to its labor force in October, a more positive sign that the long-struggle labor market is finally recovering
Job creation roars back in October as payrolls rise by 531,000
Business

Job creation roars back in October as payrolls rise by 531,000

According to the Labor Department, October saw the U.S. job market rebound. Nonfarm payrolls increased more than expected, while the unemployment
Business

Construction company owner says labor shortage means he's paying up to $20 an hour to workers who have 'no idea' how to do the job

The Arkansas Traveler is told by the owner of a construction company that is understaffed that he had hired inexperienced workers. He stated that he