Keyword: labor
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Kansas City Mayor Quinton Lucas says the local labor market would benefit from an influx of workers seeking asylum in the United States legally but who are now stuck in crowded shelters in big cities like New York as they await work permits. “ All are welcome in Kansas City,” Lucas said Tuesday in a social media post in which he shared a Bloomberg.com article that quoted him saying the Kansas City area could use more workers for its burgeoning economy. “Proud to work with my fellow mayors like @MikeJohnstonCO and @NYCMayor,” he wrote on X, formerly Twitter, referring to...
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Biden administration authorized hundreds of thousands of work permits to Venezuelan migrants, including those in the country illegally.. Some business owners were angered by Biden's decision to grant hundreds of thousands of work permits to illegal immigrants... Last September, The Biden administration announced that it would be offering hundreds of thousands of Venezuelan migrants and thousands of Afghan nationals already in the U.S. – including those in the country illegally – work permits and protections from deportations, amid a historic surge at the southern border. Chicago restaurant owner Sam Sanchez told The New York Times he was upset by the...
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A fair wage advocacy group is demanding that California’s new $20 minimum wage law for fast food workers be extended to all sectors to help working-class people who are struggling with the state’s high cost of living. FOX Business spoke with Saru Jayaraman, president of One Fair Wage to discuss what she described as the skyrocketing levels of home insecurity and food insecurity post-pandemic. Fast food workers winning a $20 minimum wage, she said, “was just the beginning.” Jayaraman pointed to the exorbitantly high cost of living in the Golden State where, in some counties, an individual would need a...
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Economists are expressing concern over the increasing number of illegal immigrants in the United States, who they believe are obscuring the actual condition of the jobs market and the U.S. economy.etty Images)For the last few years, the headline employment figure has been impressive. The country has recovered the lost jobs from the government-imposed shutdowns during the pandemic and added a few million more, despite a climate of high inflation and rising interest rates.In 2023, the economy added approximately 3 million new positions. To kick off 2024, more than 800,000 new jobs have been added.The labor market data is critical as...
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Tens of thousands of Americans have been made redundant at large companies this year. according to Warn Tracker, a website that tracks upcoming layoffs based on WARN (Worker Adjustment and Retraining Notification Act of 1988) notices. The WARN Act mandates that employers conducting large-scale layoffs or closures notify employees as well as state government officials of job losses at least 60 days in advance. WARN notices must be served by companies that have 100 or more full-time employees or 100 or more employees who, in aggregate, work at least 4,000 hours per week, excluding overtime.
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Bidenomics is also a Highway To Hell for commercial real estate. Let’s say real estate is thunderstruck under Bidenomics. There are more dormant office towers in the United States than at any point since 1979, according to a new report from Moody’s Analytics, which began tracking office leasing vacancies that year. The rising supply of office space is due to a combination of surging remote and hybrid work that forces companies to reduce corporate footprints. Also, companies are exiting imploding progressive cities and high-taxed blue states for red ones while downsizing space. In the report, office tower vacancies rose to...
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Finding a job can often be a Sisyphean task in this rapidly changing modern economy. Highly sought after skills come and go, following the greater tides of technology change, marketplace behavior, and shifting consumer patterns.After all, take a look at what’s happening in the tech world.Education plays an important role in this job hunting business of course. And some skill sets are losing their sheen, with their practitioners having a harder time than others in securing gainful employment.But which ones are the worst right now?We visualize the top 10 U.S. college majors, ranked by their unemployment rate, including their underemployment...
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Jacked higher by President Joe Biden’s open-borders agenda, there are now more legal and illegal immigrants in America than at any other time in history. At 51.1 million, the number isn’t just the highest ever, but so is the share at 15.5%, according to Census Bureau numbers reviewed by the Center for Immigration Studies, which advocates enforcing border laws. “Analysis of the Census Bureau’s Current Population Survey shows that the total foreign-born or immigrant population (legal and illegal) hit a new record high of 51.4 million in February 2024 — an increase of 6.4 million since President Biden took office....
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Well, ain’t this a kick in the head! The Philadelphia Fed says the US Payrolls overstated by at least 800,000. While Biden was in New York City with the other former Presidents (Clinton and Obama) raising money for Biden’s reelection bid, Trump attended a wake for a fallen police officer. The jobs market is much worse than Biden and his mouthpieces claim. The first red flags emerged in the summer of 2022: that’s when the Biden Labor Department started well and truly rigging the labor market data. Something has snapped in the labor market: that’s when a staggering discrepancy emerged...
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A common theme used by advocates was that the immigrant workers died doing a job that Americans will not do.
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The real estate rollercoaster is hitting some unexpected twists and turns, with February delivering a double whammy of unsettling news. Brace yourselves: layoffs have skyrocketed a jaw-dropping 410% compared to last year, hitting levels not seen since the gloomy days of 2009. And guess what? The housing market is feeling the aftershocks big time. Picture this: home inventory levels have ballooned by 24% from this time last year, painting a landscape flooded with “For Sale” signs. But hold on, it gets wilder. The Sunbelt, known for its sunny skies and hot markets, is now facing a deluge of available properties,...
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More than two-thirds of managers report that they’re under immense pressure to squeeze more out of their workers, according to a recent Slack survey of 18,000 knowledge workers. Amid major concerns about stagnant or declining worker productivity in the post-COVID era, one would think government and corporate leaders might ask whether they themselves aren’t the ones doing something wrong. One thing many of them ignore to their own disadvantage is the extensive evidence that flexible hybrid work is more productive than forced in-office work for the same roles. For example, according to the annual report by the Office of Personnel...
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Foreign-born people make up almost a third of construction workers in the U.S. But their numbers have dropped in recent years, making it tougher for contractors to find workers. New home construction is key to unlocking lower housing prices. But the rate of this type of construction has fallen month to month since March 2022, and experts say tough immigration policies that have shrunk the construction workforce are behind the building squeeze. Lower immigration was a policy goal of the Trump White House, and the administration issued several policies toward that goal from 2017 to 2021, including freezing visas. The...
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Companies are struggling to operate as Gen Z enters the workforce at higher rates, and a growing majority of employers say the younger generation is toxic for their business. That's the latest from a new Freedom Economy Index report conducted by PublicSquare and RedBalloon this month. In the survey, 68 percent of small business owners said Gen Zers were the "least reliable" of all their employees. And 71 percent said these younger workers were the most likely to have a workplace mental health issue. One of the surveyed employers spoke of Gen Z's "absolute delusion, complete lack of common sense,...
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Terrence reads the riot act on Tyson Chicken and foods.
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Glassdoor, the website that allows workers to anonymously complain about their workplaces without fear of retribution, is reportedly revealing staffers’ real names in their profiles — prompting a viral backlash over fears that their identities could be exposed. The shift began last July when the site added social features integrated from Fishbowl, an app for work-related discussions that Glassdoor’s parent company, Recruit, acquired in 2021. Signing up for an account on Glassdoor required workers to reveal their full name, job title and employer — a departure from its previous practice of just requiring email addresses but no names, according to...
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EXCLUSIVE Multimillion dollar fund manager ditches Tyson Foods, saying meat giant sacking US workers to hire 42,000 asylum seekers is the 'woke liberal takeover of America' A conservative fund manager has pulled investments from Tyson Foods, saying the meat and poultry giant has alienated its consumers by laying off Americans workers and hiring 42,000 asylum seekers. Bill Flaig, CEO and co-founder of the $79 million American Conservative Values Fund (ACVF), told DailyMail.com that he has divested from Tyson and won't buy any more stock in the company. Angry consumers are boycotting Tyson over revelations that the company is shuttering plants...
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Employers are posting seemingly open roles that were never meant to be filled at all. The labour market is tightening – and it's getting harder to find a job. In the wake of the Great Resignation, which drove more job vacancies than employers could fill, workers often had their pick of open roles. Now, they have largely lost their leverage among layoffs and budget cuts, and those open positions are increasingly rare. Still, roles do exist – or at least appear to. Job boards like LinkedIn and Indeed continue to advertise open positions, and workers are actively submitting applications. Yet...
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By the end of June, more than 10,000 foreign workers from India will be employed in Israel, and at the same time, the process of absorbing about 10,000 foreign workers from other countries such as Georgia, Sri Lanka, Azerbaijan, and more will begin. The arrival of foreign workers will save the construction industry, which is currently in collapse, and most of the construction sites are closed. The trend is to bring about 40,000 more workers to Israel to complete a quota of 65,000 foreign workers because Palestinian workers who worked in the construction industry no longer come to work in...
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Uber and Lyft are pulling their services out of Minneapolis after the city council passed an ordinance that will increase drivers’ pay. Both companies say they will no longer offer ridesharing services in the city when the ordinance goes into effect on May 1st. The ordinance, which guarantees drivers a minimum rate of $1.40 per mile and 51 cents per minute while carrying a rider, was first passed last week but later vetoed by Minneapolis Mayor Jacob Frey. The City Council voted 10–3 to override the veto on Thursday. Lyft spokesperson CJ Macklin calls the ordinance “deeply flawed,” as the...
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