Search results
Results from the WOW.Com Content Network
Getty The financial crisis officially began with the collapse of Lehman Brothers in Sept., 2008. Five years later and the economy is down a net total of 240,000 jobs, at latest count, according to ...
The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into three ...
The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass layoffs of employees. [1]
Traditionally, layoffs directly affect the employee. However, the employee terminated is not alone in this. Layoffs affect the workplace environment and the economy as well as the employee. Layoffs have a widespread effect and the three main components of layoff effects are in the workplace, to the employee, and effects to the economy.
The bad fortunes of the car industry caused the third-largest U.S. carmaker to lay off 12,000 people in late 2007. Later, the company fired another 5,000 employees -- or about 25% of its salaried ...
The layoffs are the latest cost cut for the discounter. In late April, Walmart announced it would shutter 51 health clinics across Arkansas, Florida, Georgia, Illinois and Texas. The new clinics ...
(1) 37,000 jobs are gained in the self-employment category [24] While job creation has increased in the past three months, most Canadians still complain about people getting laid off from work. However, a growing amount of these layoffs are considered for seasonal purposes and has little or no relation to the recession.
U.S.-based employers announced 23,697 job cuts in July, a 42% drop from the number of layoffs announced in June and an 8% decrease from July 2022, according to a report released on Thursday by ...