Tag: Jobs

Work flexibility ‘here to stay’ in post-Covid world, says director at three Fortune 500 companies

Companies are monitoring the spread of the delta Covid variant as they adapt return-to-office plans and prioritize giving flexibility to employees, a board member at three Fortune 500 companies told CNBC on Friday. “I believe there’s going to continue to be hybrid offerings. … Flexibility is here to stay, especially if you want to be […]

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The biggest job wage boom post-pandemic is blue collar, but will it last for workers?

Companies are in desperate need of workers across the country as the economic reopening collides with a tight labor market, but the boom in manual labor job wage growth pre-dates the pandemic. Donna Kauffman, co-owner of a landscaping design and construction company in Colleyville, Texas, said a tightened labor market has pushed her starting wage […]

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What McDonald’s minimum wage raise says about fast-food franchise future

Employees work the counter at a McDonald’s restaurant located inside the company’s new corporate headquarters on June 4, 2018 in Chicago, Illinois. Scott Olson | Getty Images News | Getty Images For Tom Locke, his tipping point on staff wages came back in March, during a conversation with a tired store manager, Heidi, in Coventry […]

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Beware of inflation ‘headwinds’: It could take a year to break even after a 10% to 20% market correction, economist Mark Zandi warns

Moody’s Analytics Mark Zandi has a message for investors: Brace for a significant market correction. The firm’s chief economist expects a more hawkish Federal Reserve will spark a 10% to 20% pullback. And, unlike the sharp drops over the past several years, Zandi anticipates a quick recovery won’t be in the cards particularly because the market […]

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Tech hiring rebounds in May, overall job market still weak: report

New Delhi: Hiring across sectors declined in May, though the tech industry job market rebounded from the pandemic-induced downturn as many technology companies have been on full expansion mode, according to a report. There was a 2 per cent decline in the overall number of new job posts in May on the SCIKEY Market Network, […]

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Demand for blue-collar jobs surged in April, May 2021: Report

New Delhi: Amid widespread reports of massive job losses due to the pandemic, blue-collar workforce management firm Betterplace Safety Solutions said demand for and onboarding of workers surged in April and May this year. According to the latest CMIE report, the country lost as much as 25.3 million jobs since January — 2.5 million in […]

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