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4 mins read

Konkan's cashew industry faces uphill battle with rising costs, labor shortages and limited raw material

In recent years, however, the Konkan region's once-thriving cashew processing industry has faced es…

ANI   


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6 mins read

AI will reshape the global labor force. Employers will need to help their workers keep up.

Artificial intelligence is poised to remake aspects of nearly all jobs. Employers will need to find…

Tim Paradis   


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2 mins read

Another jumbo Fed cut is coming by year-end with the US labor market weaker than many think, Citi economist says

"We see this weakening labor market dynamic across a number of different data points: low hiring ra…

Filip De Mott   


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3 mins read

2 under-the-radar recession signals are flashing red this month, research firm says

BCA's Peter Berezin said that low-key data points in the labor market are clouding the view that th…

Kelly Cloonan   


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3 mins read

Russia's defense industry has a massive labor shortage. Rules on what jobs women can do are part of the issue.

Russia's defense industry is short tens of thousands of skilled workers, and 1970s laws on what job…

Mia Jankowicz   


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2 mins read

Shein found two cases of child labor at its suppliers last year

The company suspended the suppliers for 30 days and terminated contracts with the underage workers.

Shubhangi Goel   


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3 mins read

How immigration reform will supercharge the labor market, reduce national debt by over $600 billion in the next 2 decades: Research Affiliates CIO

Declining US fertility rates and an aging workforce make immigration reform an "economic necessity,…

Christine Ji   


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2 mins read

Actor Gina Carano wants Pedro Pascal and Bear Grylls to testify in her case against Disney over her 'Mandalorian' role

Gina Carano alleges Disney unjustly fired her from the "Star Wars" show because of her personal vie…

Jacob Shamsian   


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1 min read

Surging immigration will boost the US labor force and send GDP higher, Goldman says

"Elevated immigration has boosted labor force growth and, by extension, potential GDP growth," Gold…

Matthew Fox   


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2 mins read

Russia's 'overheating' economy will face a sharp slowdown next year as labor and sanctions crush momentum, central bank says

Russia's central bank projects that the economy's expansion will slow sharply to 0.5% to 1.5% in 20…

Filip De Mott   


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2 mins read

The Fed has been 'shaken' from its path by a softening labor market, and will deliver steeper rate cuts as a result, JPMorgan says

The Fed is shifting its gradualist stance amid uncertain labor market data, which will prompt steep…

Kelly Cloonan   


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3 mins read

Hospital wait times will still be bad this year, even with labor gains

The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…

Allie Kelly   


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2 mins read

The 'coveted soft landing' is here, Biden's top labor official says — and it could set Americans up for an interest rate cut in September

The jobs market is moderating, but Americans are not facing a recession. It's a signal the Fed migh…

Ayelet Sheffey,Juliana Kaplan   


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2 mins read

Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says

Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…

Kelly Cloonan   


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2 mins read

Fast food giants like McDonald's and Chipotle may be forced to hike prices in California again.

The California Fast Food Workers Union is calling for another minimum wage hike. That could be toug…

Dominick Reuter   


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6 mins read

Why Gen Z college graduates are having a harder time finding jobs in a strong labor market

Recent college graduates are struggling to find work. Some could come to question the value of thei…

Jacob Zinkula,Andy Kiersz   


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5 mins read

Why Americans' confidence in finding a new job is tanking even as the labor market is humming along

Americans are the most pessimistic they've been in years about their chances of finding a new job i…

Jacob Zinkula,Madison Hoff   


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3 mins read

Remember the labor shortage? Immigrants are helping to fix it.

Immigrants are responsible for almost all US job growth over the past year. They're why the labor s…

Jacob Zinkula,Andy Kiersz   


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9 mins read

Exclusive ICE training documents encourage quick, decisive use of deadly force, say little about de-escalation

Immigration and Customs Enforcement training materials don't appear to teach de-escalation techniqu…

Lila Hassan   


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3 mins read

AI could force 12 million workers to switch jobs in coming years, causing unprecedented competition

Workers will need to retrain or skill up to stay competitive in the job market in coming years, lab…

Jennifer Sor