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☆ Jobs report: The US job market remains robust, but is showing signs of cooling
▼ + stars: | 2022-10-07 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN Business —The fever hasn’t broken yet for America’s employment market, but the temperature is coming down. That, coupled with job openings showing some sharp declines, points to a labor market slowdown — an outcome the Federal Reserve is seeking as it battles decades-high inflation. “The job market is slowing gracefully, moderating jobs and wage growth smoothly as the Federal Reserve searches for signs of cooling inflation,” Daniel Zhao, senior economist for Glassdoor, said in a statement. What could, however, move the needle will be the findings from the inflation data due next week, he said. Job openings outpace job seekers on a 1.7 to 1 ratio, the BLS’ Job Openings and Labor Turnover Survey for August showed.

☆ 5 signs the world is headed for a recession
▼ + stars: | 2022-10-02 | by ( Allison Morrow | ) edition.cnn.com time to read: +12 min

New York CNN Business —Around the world, markets are flashing warning signs that the global economy is teetering on a cliff’s edge. There’s now a 98% chance of a global recession, according to research firm Ned Davis, which brings some sobering historical credibility to the table. In an interview, its CEO was asked whether he believes the slowdown was a sign of a looming global recession. The upshotWhile the consensus is that a global recession is likely sometime in 2023, it’s impossible to predict how severe it will be or how long it will last. Not every recession is as painful as the 2007-09 Great Recession, but every recession is, of course, painful.

☆ These 4 trends are keeping Boomers unemployed and holding the US back from a full recovery
▼ + stars: | 2022-09-28 | by ( Ben Winck | ) www.businessinsider.com time to read: +7 min

Older Americans are struggling to rejoin the workforce, and it's weighing on the economy. That drop in older workers could threaten the already-shaky economic recovery, according to a report published by ZipRecruiter on Wednesday. Yet as the recovery progresses, a handful of obstacles are keeping older Americans out of the workforce. Where that's easily accessible for young workers, older Americans face a steeper learning curve just to compete. Older workers' confidence is dismalThe three aforementioned trends have contributed to a simple truth: older workers are immensely discouraged.

☆ Unlike recent recessions, office jobs are most at risk of layoffs in the coming economic downturn
▼ + stars: | 2022-09-25 | by ( Ben Winck | Madison Hoff | ) www.businessinsider.com time to read: +8 min

Several blue-collar sectors are set to be protected from layoffs, while white-collar workers are at risk. Lee added to Insider that blue-collar workers like truck drivers used to be the "most vulnerable workers" but "office workers have always been considered protected." White-collar sectors hired quickly after the pandemic, and it could leave workers vulnerable in a downturnRecessions come in all shapes and sizes. Blue-collar jobs are still in demand and need more workersSeveral blue-collar sectors have only just recently recovered or are still making their way back. But not all blue-collar jobs will experience layoffs in the same way.

From rising inflation to a red-hot job market and the negative gross domestic product in between, economists are divided on the health of the U.S. economy. This comes at a time when the labor market could hardly appear stronger. In July 2022, there were 11.2 million job openings, revealing a shortage of workers for available positions. "The question is how steeply they will fall, how sharply they will fall, if they go back to 7 million [job openings], the level before the pandemic." Not to mention, the labor market is facing off against the "Great Resignation."

☆ Some jobs won't recover from the pandemic recession. It could be a good thing for workers.
▼ + stars: | 2022-09-17 | by ( Ben Winck | Madison Hoff | ) www.businessinsider.com time to read: +6 min

The US is back to record-high employment, but the labor market looks nothing like it did in early 2020. For starters, many in-person service sectors are still struggling to get back to the employment levels seen before the pandemic. Transit and ground passenger transportation, which includes school buses and public transit, is also still not back to pre-pandemic employment either. "I think overall, accommodation and the broader leisure and hospitality industry will return to pre-pandemic employment levels," Zhao said. The changing labor market could be good for workersThe labor market shakeup isn't necessarily a bad thing.

But "we know that one in three women are going to die of heart disease" every year. Heart attackA heart attack occurs when blood flow to the heart muscle is cut off or drastically reduced. Women with heart failure have a wider variety of symptom, such as sweating, unusual swelling, heart palpitations and feelings of heartburn. According to the review, 10% of people with heart disease experience depression, compared with 5% of those without heart problems. Heart valve diseaseHeart valve disease occurs when one or more of valves in the heart doesn't work properly.

☆ Here's how to know if you might be on your manager's layoff list — and what to do about it
▼ + stars: | 2022-08-19 | by ( Rebecca Knight | Catherine Henderson | ) www.businessinsider.com time to read: +6 min

Experts say there are warning signs that your job may be on the line — and some are harder to spot. Insider spoke with career experts about how to prepare for layoffs in an uncertain economy. Prepare for the worstThere are ways to prepare for a layoff — or even turn things around at your job. If it's clear you're in danger of losing your job, research your severance benefits and reduce your spending. "There's a saying that you need to put on a new roof when the sun is shining," she said.

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