Omicron threw a wrench into America’s economy at the start of 2022: The US private sector lost hundreds of thousands of jobs in January, according to Wednesday’s ADP Employment Report.
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Compensation for American workers climbed 4% in the year to December 2021, the biggest increase in two decades. And companies have emphasized as they’ve reported financial results that they don’t see this trend dissipating any time soon.
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Our ongoing battles with COVID variants Delta and Omicron highlight just how quickly viruses can mutate, and what that can mean for public health. How quickly can we modify COVID-19 vaccines to tackle any new variants that arise? An expert at N.C. State examines the challenges.
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As workers across the nation are deciding to leave their jobs in record numbers, a new analysis of employment data shows that North Carolina ranks ninth in the country for its quit rate, or the percentage of workers choosing to resign. But is the news a negative or positive?
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The pandemic boom is over. Netflix and Peloton lost roughly a fifth of their market value on Thursday after both companies disappointed investors.
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Companies are reconsidering their work location policies, due to increasing concerns regarding the spread of coronavirus. Some plan not to require a return to office locations at all.
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Meta, the parent company of Facebook, is delaying its return to US offices until March 28 and will require proof of Covid-19 booster shots for workers in those offices. The company already requires that in-office workers be vaccinated.
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Amazon is shortening its COVID-19 isolation policy to seven days from 10, for a total of up to 40 hours of paid leave, the company announced to employees Friday. Walmart made a similar move. Here are the details.
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America closed out 2021 with strong jobs gains, economists predict. But just days into the new year, the Omicron variant is causing infections to soar and businesses to struggle. Will that derail the jobs recovery?
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