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☆ A flurry of new rules from the Biden administration attempt to ban noncompetes, boost overtime pay, and increase refunds for delayed flights
▼ + stars: | 2024-04-27 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Read previewThe Biden administration this week pushed out a slate of rules it says are meant to boost competitiveness and put more money into workers' pockets. There are already challenges to at least one of the rules — but together they could land overtime pay for millions more workers, ban noncompetes that prevent workers from moving into jobs in similar industries, and help people get automatic refunds for delayed or canceled flights. More workers eligible for overtime payUnder the Department of Labor's new rule, many workers who make under $43,888 will be eligible for overtime pay effective July 1. A ban on noncompetes that keep workers from taking new jobsPerhaps the most sweeping action for workers came from the Federal Trade Commission, which finalized a rule to ban noncompetes in most cases. Will a ban on noncompetes, new overtime thresholds, or airline refunds affect your life?

Persons: —, Biden, Lael Brainard, That's, it's, Judy Conti, Pete Buttigieg, Brainard, Aaron, Ryan, John Smith, Suzanne Clark, Jeremy Merkelson, Davis Wright Tremaine, Merkelson, Elizabeth Wilkins, Wilkins Organizations: Service, Business, National Economic Council, Department of, National Employment Law, of Transportation, Federal Trade Commission, . Upjohn Institute, Employment Research, of Commerce, Texas Association of Business, Federal Trade, Chamber of Commerce, FTC

☆ What to expect from the March jobs report
▼ + stars: | 2024-04-04 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +8 min

ET, when the Bureau of Labor Statistics releases its March jobs report. February brought the unemployment rate within spitting distance of 4%, rising to 3.9% from 3.7% in January. What could come from Friday’s jobs reportFebruary’s jobs report came as yet another surprise to economists. For instance, last month January’s job gains were revised down to 229,000 from the blowout 353,000 that kicked off 2024. The unemployment rate went up by half a percentage point from the post-pandemic low of 3.4% last April.

Persons: lockdowns, it’s, Michael Strain, ’, February’s, Andy Challenger, ”, Allison Joyce, Aaron Sojourner, they’ve, Sojourner, Luke Sharrett Organizations: New, New York CNN, Bureau of Labor Statistics, American Enterprise Institute, BLS, Federal, US, Challenger, “, Department of Labor, Bloomberg, . Upjohn Institute, Employment Research, CNN, Federal Reserve, Getty Locations: New York, outplacement

☆ The rise of gig workers is changing the face of the US economy
▼ + stars: | 2023-07-24 | by ( Samantha Delouya | ) edition.cnn.com time to read: +9 min

The number of gig workers is growing and making an impact throughout the economy. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. “People who have access to the gig economy borrow less money than people who don’t. Working in the gig economy can help people spend more time searching for their next job, if they've been laid off. “We could do so much better.”Recently, local governments have attempted to bolster platform gig workers’ protections.

Persons: Los Angeles CNN — Lazarus, ”, that’s, Eric Baradat, Louis Hyman, Uber, DoorDash, Jenn Rosenberg, Hyman, “, Erica Groshen, they've, Spencer Platt, Doordash, Susan Houseman, Groshen, we’ve, ” Groshen, they’re Organizations: Los Angeles CNN, Uber, CNN, DoorDash, Getty, of Labor Statistics, Cornell University, “ Society, University of Chicago, IRS, Bureau of Labor Statistics, Massachusetts Institute of Technology, BLS, . Upjohn Institute, Employment Research, North, New York City, Federal Reserve, Federal, System Locations: Hill , North Carolina, “, United States, AFP, DoorDash, Kalamazoo , Michigan, North America, New York, California

More than a year later, she was told her application required a key document that was stuck behind enemy lines in Ukraine. "There's always a trade-off between rapid and sustainable labour market integration," said Thomas Liebig, chief economist for the OECD's international migration department. Researchers from Minor, a migration policy think tank, said the large-scale inflow of refugees from Ukraine is seen as a great opportunity in Germany. While the refugees' fate is partly tied to the unknowable course of the Ukraine war, the EU's temporary protection scheme for Ukraine refugees is at present due to expire in March 2024. This puts employers who want to hire refugees in a difficult situation, as they don't know if Ukrainian refugees will be able to stay.

Persons: Maria, Lukas Barth, Svetlana Chuhil, Chuhil, Lauren, Thomas Liebig, Oksana Krotova, Krotova, Ildiko Pallman, Gizem Uensal, Enzo Weber, Jan Lopatka, Catherine Evans Organizations: REUTERS, Reuters Graphics Reuters, Deloitte, Reuters, OECD, United Nations, Minor, German Institute for Employment Research, Thomson Locations: Mykolaiv, Ukraine, Aschheim, Munich, Germany, BERLIN, WARSAW, Poland, Zgorzelec, Goerlitz, Paris, Europe's, Berlin, Kyiv, Prague

☆ Close to half of Ukrainian refugees in Germany hope to stay
▼ + stars: | 2023-07-12 | by ( ) www.reuters.com time to read: +2 min

BERLIN, July 12 (Reuters) - Of the more than 1 million Ukrainian refugees who came to Germany to escape the war, 44% would like to stay in the country, according to a survey published on Wednesday. This was higher than the 39% of Ukrainian refugees who said they were planning to stay in a previous survey published in late summer 2022. The reason given for this was high participation in integration and language courses, intended to boost employability. Half of the Ukrainian women who came to Germany as refugees after Russia's invasion of the country in early 2022 have at least one child. The survey, which includes the responses of 7,000 Ukrainian refugees living in Germany, is a joint effort of the DIW Berlin institute, the IAB, the ministry for migration and refugees as well as the federal institute for population research.

Persons: Andreas Ette, Maria Martinez, Andreas Rinke, Rachel More, Mark Porter Organizations: Thomson Locations: BERLIN, Germany, Berlin

☆ How to tell your company has layoffs planned. Some signs ‘will send shivers down your spine,’ career expert says
▼ + stars: | 2023-06-20 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +3 min

Amazon, Dropbox and Lyft had the biggest layoffs in the tech industry for April. Google and Meta Platforms are responsible for the most tech layoffs since the pandemic, according to Layoffs.fyi. Look at WARN notices in your stateSo-called WARN notices can help workers figure out if layoffs are coming, Vivian Tu, a former trader turned influencer who goes by "Your Rich BFF," said in a March Instagram video. However, sometimes companies can avoid releasing these notices by spreading out the layoffs, said Susan Houseman, director of research for the W.E. "So maybe you're going to lay off 75, say you lay off 40 one month and 26 the next to avoid WARN notice," she said.

Persons: Daniel Grill, —, José Fernández, Lyft, Vivian Tu, influencer, BFF, Susan Houseman, Houseman Organizations: Challenger, Retailers, University of Louisville, Google, Worker, . Upjohn Institute, Employment Research

☆ Germany has a plan to tackle a rapidly ageing workforce: recruiting robots
▼ + stars: | 2023-05-01 | by ( Hannah Ward-Glenton | ) www.cnbc.com time to read: +6 min

But what does enhancing the workforce through robots and digitalization actually look like? There won't be major job losses as a result of digitalization, according to Ulrich Walwei, vice director of Germany's Institute for Employment Research. Ultimately, the goal of integrating robots into the workplace is to augment human capabilities, not replace them. "Our robots can free up human workers to focus on more complex and creative work, leading to more fulfilling and engaging jobs," Pehlivan told CNBC via email. "Ultimately, the goal of integrating robots into the workplace is to augment human capabilities, not replace them," he added.

SL Naturenergie's predicament is common in the renewables sector where companies, from startups to medium sized and blue-chip firms, are competing for a limited pool of labour with appropriate skills. Currently it faces a shortage of around 216,000 skilled workers needed for the expansion of the solar and wind energy sectors, a study by German organisation KOFA, or the Competence Centre for securing skilled labour, showed. In many jobs in the renewable energy sector, pay is above average, he said, citing a renewable energy wage premium of more than 10% in construction and installation activities, as well as architectural and engineering services. Volker Quaschning, a professor of renewable energy systems at HTW university in Berlin, says a third of places on these courses at HTW are unfilled. Last month Germany also unveiled draft reforms on skills training accreditation and promoting immigration in a bid to plug labour shortages in the economy.

☆ A grassroots group took on Amazon and won. Then came the hard part
▼ + stars: | 2023-04-01 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +11 min

Amazon still refuses to recognize the union or come to the bargaining table, dashing the Staten Island workers’ hopes of creating their first contract. Union organizer Christian Smalls (L) celebrates following the April 1, 2022, vote for the unionization of the Amazon Staten Island warehouse in New York. “I told Christian, ‘We have a problem, you need to stop traveling, you need to focus on the workers,’” Goodall told CNN. The company has claimed the independent federal agency tasked with overseeing union elections exerted “inappropriate and undue influence” with the Staten Island effort. An Amazon employee signs a labor union authorization for representation form outside the Amazon LDJ5 fulfillment center in the Staten Island borough of New York, on Monday, Feb. 7, 2022.

☆ Companies are using layoffs to cut new-hire salaries and win back the power they held before the pandemic, some recruiters say
▼ + stars: | 2023-02-12 | by ( Juliana Kaplan | Rebecca Knight | ) www.businessinsider.com time to read: +8 min

Speculation on the 'real reason' tech companies are shedding workersSome on TikTok and Reddit have posited that the "real reason" tech companies are cutting jobs is to tamp down fat salaries bloated by the Great Resignation. Tech companies scrambled to meet demand and went on a hiring binge during the pandemic. At a time when wages were climbing at the fastest pace in decades across the board, tech companies were especially generous to new hires — and even existing employees. A year and a half ago, compensation was a "completely different ball game," a former recruiter at Google told Insider. Will tech companies then try to hire back their workers at lower salaries?

☆ America's best tool to fight inflation and prevent recessions is facing a dangerous death spiral
▼ + stars: | 2022-10-13 | by ( Austin Clemens | Erica Groshen | ) www.businessinsider.com time to read: +11 min

Threats to truthConsider the many benefits of having a source of trustworthy and publicly available economic data. Of course, private datasets, like those used by Opportunity Insights, the JPMorgan Chase Institute, and Earnest Research, complement federal statistics. In addition to competition from other sources, statistical agencies are facing a lack of money. Sustaining the future of statsThe good news is that statistical agencies are trying to keep up with the times. To continue producing this work, federal statistical agencies need a funding boost.

☆ Amazon Labor Union faces next showdown in upstate New York
▼ + stars: | 2022-10-12 | by ( Catherine Thorbecke | ) edition.cnn.com time to read: +9 min

The next month, that same group, the Amazon Labor Union (ALU), fell short at a smaller facility across the street. On Wednesday, workers at an Amazon facility near Albany, New York, will begin voting on whether to join the ALU and become the second unionized Amazon warehouse in the United States. It also comes as Amazon has still not formally recognized the union in Staten Island or come to the bargaining table. Chris Smalls, a leader of the Amazon Labor Union, leads a march of Starbucks and Amazon workers and their allies to the homes of their CEOs to protest union busting on Labor Day, September 5, 2022, in New York City, New York. “I think they have an uphill battle ahead,” Kochan said of the union vote at the ALB1 facility.

☆ Fed Chair Powell warned of ‘pain’ to come. Seniors on fixed incomes are already feeling it
▼ + stars: | 2022-09-26 | by ( Martha C. White | ) edition.cnn.com time to read: +8 min

“Social Security comes up short by at least $1,000 [a month] in many locations. John Harriger, a resident of Chilhowie, Virginia, suffered a disabling back injury in 1994 and relies solely on Social Security for income. “I get about $1,800 a month [from Social Security] but… when gas and groceries started going up, I couldn’t make it any more. Sites, who relies wholly on Social Security for her income, said she worries what will happen when the mortgage on her home near Asheville, North Carolina, resets. This has a pass-through effect on the financial security of older Americans.

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