marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
labor
01/27/2023
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By Arsenio Toledo
Amazon warehouse workers in Britain walk out of their jobs over paltry pay increase, terrible working conditions
Hundreds of Amazon workers in the United Kingdom walked out of their jobs on Wednesday, Jan. 25, in the first-ever formal industrial action in the country against the tech giant. The workers, affiliated with the GMB trade union, walked out of an Amazon warehouse in the city of Coventry in central England, known as BHX4 […]
01/17/2023
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By Arsenio Toledo
FTC proposes banning employers from forcing workers to sign non-compete agreements
The Federal Trade Commission (FTC) proposed a rule on Thursday, Jan. 12, that would block employers from forcing employees to sign non-compete agreements. Non-compete agreements are clauses in employment contracts that prevent workers from working for a competitor or starting a business in the same industry for a certain period of time after leaving a job. The […]
11/29/2022
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By Arsenio Toledo
Mississippi-based furniture manufacturer fired 2,700 workers through texts and emails days before Thanksgiving
One of the largest furniture businesses in the United States fired around 2,700 workers through texts and emails right before midnight on Nov. 21 and in the early morning hours of Nov. 22, while many were still sleeping. United Furniture Industries, based out of Mississippi, sent the messages to its workers, most of whom live in […]
11/09/2022
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By Arsenio Toledo
Number of Americans with a second job up by 6% as inflation continues to eclipse wage gains
More and more Americans are signing up for a second job to supplement their income as the inflation crisis continues to make the cost of living far more expensive. This comes from the new jobs report for October of the Department of Labor. According to the report, the number of Americans who have picked up part-time work […]
11/03/2022
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By Arsenio Toledo
Global jobs growth expected to deteriorate significantly in months ahead
Growth in employment all over the world will “deteriorate significantly” in the final quarter of 2022, according to the International Labor Organization (ILO) – the United Nations’ (UN) main agency for advancing better working conditions and more job opportunities around the world. The ILO warned that the economic fallout caused by the special military operation in Ukraine and rising […]
10/11/2022
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By Arsenio Toledo
GREAT RESIGNATION: Number of unemployed Americans who voluntarily left their jobs to look for better work reaches 32-year high
The latest jobs report from the Bureau of Labor Statistics (BLS) shows that the Great Resignation is far from over, and millions of Americans are still voluntarily leaving their jobs. According to the report, the number of unemployed Americans who quit or otherwise voluntarily left their jobs and immediately began looking for new employment rose to 15.9 […]
09/08/2022
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By JD Heyes
FedEx ground delivery on verge of ‘collapse’ as rising costs threaten to bankrupt contractors
Thanks to the policies of Joe Biden and the Democratic Party, inflation is getting so bad it is about to ruin one of the nation’s largest package delivery companies; FedEx. As reported by the UK’s Daily Mail this week, the company’s ground delivery system is about to collapse because the local contractors relied upon to take up […]
08/24/2022
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By Arsenio Toledo
Mass layoffs incoming: 50% of employers plan to cut jobs in the next 12 months
A survey has found that around 50 percent of all employers in the United States will eliminate jobs within the next 12 months. The survey was conducted by PricewaterhouseCoopers (PwC) on 722 U.S. executives in early August. According to the survey, 50 percent of American firms are anticipating job cuts, while 52 percent are also expecting […]
07/31/2022
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By Arsenio Toledo
Initial unemployment claims remain high as recession fears affect labor market
Unemployment claims for the fourth week of July fell slightly, but remain higher than expected, indicating that employers remain hesitant to fill their vacancies due to fears of a recession. According to a report released by the Department of Labor, the seasonally adjusted initial unemployment claims for the week ending July 23 was 256,000. This is […]
06/23/2022
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By Arsenio Toledo
Economist: America about to enter next stage of inflation, which will be so much worse
An expert economist warned that the United States’ inflation crisis is about to enter a new stage and the economy will become even more precarious. Inflation is already at a 40-year record-high, according to the Department of Labor‘s Consumer Price Index for May. Secretary of the Treasury Janet Yellen is already warning that high inflation is […]
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