The answer is a resounding “yes”. While a number of companies and industries have started layoffs, especially tech and financial service companies, other industries are still in dire need of people. Advertising and marketing, healthcare, retail, food and hospitality, computer (cybersecurity, data science and artificial intelligence) and service companies are still in need of workers…. Read more »

With inflation out of control, the stock market moving in the wrong direction and interest rates rising, what are the signs of potential layoffs? Companies tend to have job cuts for many reasons, some of which have nothing to do with a worker’s performance. Here are some of the signs that your company may be… Read more »

With inflation skyrocketing and government subsidies being reduced or eliminated, you would expect that more and more people would be returning to work. Currently there are over 11MM job openings in the U.S. There are several reasons why so many companies are having a difficult time filling their jobs. 1) The pandemic caused many aging… Read more »

Despite all of the talk about a recession looming, U.S. employers continue to hire at a rapid pace. In May, businesses added 6.5 million workers and layoffs have remained at near record low levels. A recession is defined as a significant decline in economic activity spread across the market, for several months, which generally occurs… Read more »

390,000 jobs were added in May, which beat expectations and performed much better than economists had predicted. With such a strong labor market, the Federal Reserve has been encouraged to increase interest rates even faster to fight inflation. Yet the unemployment rate has remained around 3.6%, which is incredibly low. We have seen some signs… Read more »