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5 mins read

A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.

A major shortage of construction workers is bad news for homebuyers and infrastructure projects.

Eliza Relman,Madison Hoff   


Business Insider Latest Story Image
4 mins read

A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come

Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…

Jennifer Sor   


Business Insider Latest Story Image
2 mins read

Elon Musk predicts universal basic income will take off once AI replaces workers. Read his 8 best quotes about UBI.

The Tesla and SpaceX chief predicts a "universal high income" as AI replaces workers, giving them m…

Theron Mohamed   


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5 mins read

Gen Zers and millennials are willing to go on summer vacation at all costs. Literally.

Multiple surveys also found young people are willing to put travel plans ahead of their financial g…

Dan DeFrancesco   


Eliza Relman   


Business Insider Latest Story Image
2 mins read

Putin wants to crack down on immigration after the Moscow attack. That would make the nation's labor shortage even worse.

Russia has up to 5 million migrant workers currently in the country, Bloomberg Economics estimated.

Jennifer Sor   


Business Insider Latest Story Image
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   


Business Insider Latest Story Image
2 mins read

Gen Z wants jobs that help solve the climate crisis but has no idea how to get them

Only 1 in 20 Gen Z workers have the "green" skills companies are looking for, a LinkedIn analysis f…

Catherine Boudreau   


Business Insider Latest Story Image
7 mins read

Wall Street wants boomers to work longer. But nobody wants to hire them.

BlackRock CEO Larry Fink's solution to the retirement crisis is for everyone to work into their 70s…

Ann C. Logue   


Business Insider Latest Story Image
4 mins read

Schools are facing a dire teacher shortage. Less competitive pay for Gen Z and young millennials could make it worse.

A new report shows how average teacher pay in an age group compares to all workers in that group ov…

Madison Hoff   


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2 mins read

Russia's economy can't avoid a crisis forever and it's becoming more vulnerable to shocks, think tank researcher says

A researcher at the think tank CEPA wrote that the war is sapping Russia's economy, leaving economi…

Jennifer Sor   


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2 mins read

Russia's worker shortage is so bad the economy is leaning on the Soviet-era practice of using prison labor, think tank says

Russia made 19 billion rubles last year from forced convict labor, according to finance ministry da…

Jennifer Sor   


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5 mins read

The golden age of golden visas is over in southern Europe

Generous visa programs in southern Europe have boosted economies and attracted huge real estate inv…

Eliza Relman   


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2 mins read

Russia's military is so hard up for manpower that it now pays more than the oil and gas sector

Russia is a major energy producer, and the industry's robust revenues have kept Moscow's war chest …

Huileng Tan   


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2 mins read

The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says

Shilling told Business Insider that wave of layoffs could come as employers realize the economy wa…

Jennifer Sor   


Business Insider Latest Story Image
1 min read

Russia's war in Ukraine has sent wages soaring as workers grow scarce and private business competes with the military

Moscow is suffering from a severe worker shortage, with a record 2.3 million workers needed at the …

Jennifer Sor   


Business Insider Latest Story Image
7 mins read

The forever labor shortage is pitting parents and their childfree coworkers against each other

Childfree workers are sometimes left to pick up the slack of parents. They blame their employers.

Juliana Kaplan   


Business Insider Latest Story Image
3 mins read

It's getting really hard to find a job that pays well

Job growth is booming in low-paying, traditionally female industries, but high-paying roles might b…

Juliana Kaplan,Madison Hoff   


Business Insider Latest Story Image
2 mins read

Russia's economic strength will last another 18 months before unraveling as Putin grapples with policy 'trilemma,' think tank says

In the best-case scenario, Russia's economic strength will last another 18 months before Putin is c…

Jennifer Sor   


Business Insider Latest Story Image
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