Why the Best States for Business Might Be the Worst for Employees

Companies are not afraid to pick up and move. Many states offer companies tempting incentives such as lower taxes if they relocate their operations, but a superior business environment does not always equate to a superior work environment. “Things that benefit employers when it comes to their profit or their margin, in terms of economic … Read more

Palestinian militants fire rockets at Israel after airstrikes on Gaza

Israeli airstrikes kill at least 10, wound dozens Islamic Jihad Says It Will Hit Tel Aviv And Other Cities In Response Israel says attacks target ‘concrete threat’ Sirens sound in Israeli cities as authorities warn of missiles GAZA, Aug. 5 (Reuters) – Palestinian militants in Gaza fired dozens of rockets at Israel on Friday in … Read more

US calls China’s military action against Taiwan unjustified, Pelosi. sanctions Pelosi

Taiwan plays away worries China organizes unprecedented military exercises around Taiwan Follows US House Speaker Pelosi’s visit to Taipei China says it will punish Pelosi for ‘cruel’ actions Pelosi, in Japan, joins Prime Minister Kishida in condemning China TAIPEI, Aug. 5 (Reuters) – China’s firing of missiles during military exercises around Taiwan was an unwarranted … Read more

How Colorado’s Payroll Transparency Act Affects Work in the State

Early data suggests more people want to find work in Colorado now that employers are required to list salary ranges on job openings. That’s even despite a decline in job openings within the state, according to new research from Recruitonomics, a site that analyzes labor market data. The July analysis looks at the impact of … Read more

Weekly U.S. unemployment claims rise to 260,000 ahead of Nonfarm Payroll Report

Initial unemployment insurance claims reached 260,000 last week, nearly the highest level since November amid a shift in the US job market. The total for the week ended July 30 was in line with the Dow Jones estimate, but up 6,000 from the previous week’s downwardly revised level, the Labor Department reported Thursday. In other … Read more

2020 changed the economy in ways we can’t yet understand

In an earnings call this week, Yum Brands CEO David Gibbs expressed the confusion many people feel as they try to figure out what’s going on with the U.S. economy right now: “This is really one of the most complex environments we’ve ever seen in our industry to work in. Because we’re not just dealing … Read more

Walmart fires corporate employees after cutting forecast

Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Walmart has begun firing company employees, the company confirmed Wednesday, about a week after it cut its earnings forecast and warned consumers had been pulling back on discretionary spending due to inflation. … Read more

Average job switcher got a pay increase of almost 10%, research shows

Morsa images | DigitalVision | Getty Images Many employees who recently switched jobs have seen increases in their new paychecks well outpacing inflation — by nearly 10% or more, according to a new study from the Pew Research Center. The typical American who switched employers in the year from April 2021 to March 2022 received … Read more

Canada has abandoned Ukrainian embassy staff despite the likelihood of them being on the Russian hit list

Ottawa told Canadian embassy leaders in Kiev to withhold and leave information for Ukrainian staffers.Spencer Colby/The Globe and Mail Before removing Canadian diplomats from Ukraine weeks before the Russian invasion, Global Affairs Canada received information confirming that Russia was planning to go to war against its neighbor, and that Ukrainians working for the Canadian embassy … Read more

66% are afraid of a recession. What concerns each generation most?

A customer shops at a Kroger supermarket on July 15, 2022 in Houston. Brandon Bell | Getty Images While experts debate whether the US is on the brink of an economic downturn, many Americans are already bracing for a recession. So far, 66% of Americans are concerned that a major recession is imminent, compared to … Read more