A man works on a Bowlus recreational vehicle at the Bowlus factory in Oxnard, California, on February 23, 2024. Timothy Eppel | Reuters The March nonfarm payrolls count is likely to show that hiring continues at a steady pace, although some weakening fundamentals in the labor market may come into sharper focus when the Labor …
Job growth is expected again in March. What to look for in Friday’s report Read More »
Lucy Spencer, on a business trip to Saint-Jean-Cap-Ferrat, France. Lucy Alexandra Spencer spent 16 weeks abroad last year in Oman, France, Switzerland and Portugal. Unlike most people, traveling is how she earns, not spends, money. The trips are paid for by Spencer’s employers – they are wealthy Europeans and Americans who hire her to travel …
Wall Street’s biggest banks cut 30,000 jobs last year, started by Goldman Sachs, which informed staff of plans to make the biggest cuts since the 2008 financial crisis shortly after Christmas in 2022. Goldman’s 3,200 job cuts were quickly followed by 3,500 at Morgan Stanley and then 5,000 at Citigroup. Bank of America has refrained …
Between 2017 and 2020, the number of black women-owned businesses increased by nearly 20%, far outstripping the growth of women-owned businesses and black-owned businesses overall, the Brookings Institution reports. “To me, the rise of black female entrepreneurs means that we’re starting to believe in ourselves more, that we’re finally realizing how limitless we are,” says …
Black women are the fastest growing group of entrepreneurs in the US Read More »
Many US companies are struggling with worker health insurance issues when it comes to GLP-1 weight loss drugs. Despite the high cost — typically between $1,000 and $1,500 a month — users clamor for drugs like Novo Nordisk’s Wegovy and Eli Lilly’s Zepbound. This class of drugs, historically used to treat diabetes, has gained more …
What you need to know about weight loss drug insurance coverage and costs Read More »
With a tight labor market, employers have the opportunity to hire older workers. This article was first published on January 30, 2024 by Daily HR Advisorsister publication of HealthLeaders. This has become a mantra echoed by more and more employers: Good help is hard to come by. For years, employers have complained about their inability …
As the ranks of older workers swell, employers are urged to capitalize on the trend Read More »
Last March, small business owner Kelly Moore testified before the House Ways and Means Committee about what she considered the worst day of her life, when she had to announce to employees at her GKM auto parts store in Ohio that she would no longer be able to offer them health benefits. “Making the decision …
Small business owners struggle to provide health benefits to their workers Read More »
In Sahar Khoury’s Umm, a fall 2023 exhibition commissioned by Ohio State University’s Wexner Center for the Arts, the artist’s background as an anthropologist and abiding interest in objects abandoned and reassembled anchor her sculptures, which are inspired by her own family history. In a collaboration between Khoury and Ohio State’s Department of Glass, students …
In 2024, employers will be required to give more long-term part-time employees access to participate in their company’s 401(k) or 403(b) plan. Two-thirds, 66 percent, of U.S. private sector workers have access to an employer defined contribution plan, according to the U.S. Bureau of Labor Statistics. A strong labor market, along with changes in federal …
More part-time workers will gain access to employer pension plans in 2024 Read More »
Members of the United Auto Workers (UAW) strike at a General Motors assembly plant that makes full-size sports cars for the U.S. automaker, in another extension of the strike, in Arlington, Texas, October 24, 2023. James Breeden | Reuters DETROIT – The vote comes down to the wire on a tentative deal between the United …
GM-UAW deal in jeopardy as vote comes down to the wire Read More »
