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Of the 50 states, Nevada has the highest unemployment rate at 7%, whereas North Dakota has the lowest at 2.9%. Eleven states have an unemployment rate of 6% or higher, including Michigan ...
Shares of T-Mobile, which hit an all-time this week, fell as much as 2.8% to $197.05 after the forecast, suggesting the outlook may have disappointed some investors. (Beata Zawrzel/NurPhoto via ...
The tight labor market that became one of the biggest economic stories of the COVID-19 pandemic appears to be loosening up considerably. More Layoffs? Management Positions Could Be Next on Chopping...
In March and April 2020, a record 13.0 and 9.3 million workers (8.6% and 7.2%) were laid off, and the quit rate subsequently fell to a seven-year low of 1.6%. [35] Much of the layoffs and resignations were driven by women, who disproportionately work in industries that were affected most by the lock-downs, like service industries and childcare.
Sievert was born in Canton, Ohio.At age 10, he became a paper carrier for The Repository, using his earnings to buy a Radio Shack TRS-80 and, later, a Commodore 64.He graduated from GlenOak High School in 1987 [6] and received a bachelor's degree in economics from the Wharton School of the University of Pennsylvania in 1991.
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]
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Offshoring disguised as layoffs in higher-wage countries happening "coincidentally" with hiring in lower-wage countries Firing disguised as layoff (redundancy), where the motive for firing varies, including poor performance, low productivity, or even improper termination, but the employer benefits from not having to justify or document the job ...