Labor
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Fed trims main interest rate, signals prospect of less easing in 2025
Policymakers reduced the benchmark interest despite signs that their nearly three-year fight to push down inflation to their 2% target has stalled.
By Jim Tyson • Updated Dec. 18, 2024 -
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Leaders at large companies say they face greater barriers to buy-in for new talent initiatives
Bigger companies are also more likely to emphasize in-office connection for talent development programs and in-office events to maintain culture, Deloitte said.
By Carolyn Crist • Dec. 18, 2024 -
Courtesy of Stellantis
Slowing global sales spark layoffs in 2024
Some automakers have reduced their workforce amid cooling demand for new vehicles.
By Larry Avila • Dec. 17, 2024 -
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While most employees find meaning at their job, 35% say they are thinking about a change
Employee well-being and job satisfaction continue to shape the world of work, ManpowerGroup says.
By Carolyn Crist • Dec. 17, 2024 -
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To find people with the right skills, employers may need to start with K-12
Nearly 60% of employers surveyed said they aren’t confident their talent pipelines will meet their needs over the next decade, a recent survey found.
By Kathryn Moody • Dec. 16, 2024 -
Kate Tornone/Automotive Dive
$35K overtime salary threshold back in effect
A federal judge ruled that the Department of Labor’s 2024 rule exceeded the agency’s authority and is unlawful.
By Ginger Christ • Nov. 22, 2024 -
Courtesy of Ford Motor Co.
Ford reassigns hundreds in Michigan as it adjusts Bronco production
The automaker is balancing inventory as it heads into next year’s model launches, a spokesperson said.
By Eric Walz • Nov. 21, 2024 -
Justin Sullivan / Staff via Getty Images
The workforce is aging. Here’s how tailored benefit packages can make a difference.
Providing benefits that factor in age and individual needs are key to productivity, according to a report by Bank of America and the Global Council on Aging.
By Laurel Kalser • Nov. 15, 2024 -
Cindy Ord / Staff via Getty Images
Remote workers say they miss out on promotions — but they don’t want RTO
United Culture noted that employees continue to favor workplace flexibility, highlighting “a disconnect between what leaders and their employees want.”
By Kathryn Moody • Nov. 15, 2024 -
Justin Sullivan via Getty Images
Average salary increases are sloping downward, survey shows
More companies returned to the “typical” salary increase range of 3% to 3.9% in 2024, Salary.com found.
By Emilie Shumway • Nov. 13, 2024 -
Courtesy of Stellantis
Stellantis to lay off 400 workers at Detroit material logistics facility
The latest job cuts follow last week’s lay off announcement of 1,100 UAW-represented employees at the automaker’s Toledo South Assembly Plant in Ohio.
By Eric Walz • Nov. 12, 2024 -
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Deloitte: Most workers worry future generations won’t have adequate human skills
Training, shadowing and on-the-job opportunities could help close the gap, with many workers saying they want these experiences, Deloitte says.
By Carolyn Crist • Nov. 12, 2024 -
Courtesy of Nissan Motor Co. Ltd
Nissan plans to cut 9,000 jobs as it slashes global production
CEO Makoto Uchida said the cost-cutting move is in response to weak sales and a 90% drop in operating profit.
By Larry Avila • Nov. 7, 2024 -
Bill Pugliano via Getty Images
Automotive groups react to Donald Trump’s victory
Companies say they are now turning their focus on policies to protect and grow jobs.
By Larry Avila • Nov. 7, 2024 -
Courtesy of Stellantis
Stellantis to lay off 1,100 at its Toledo South Assembly Plant
The layoffs are effective as early as Jan. 5, 2025. The automaker called it a “necessary action to reduce high inventory levels.”
By Eric Walz • Nov. 7, 2024 -
Brandon Bell via Getty Images
4 employment actions to expect under a second Trump presidency
Employers are likely to see immigration raids, agency chair replacements and a slowing in regulatory activity, experts at Littler predicted.
By Emilie Shumway • Nov. 6, 2024 -
Justin Sullivan via Getty Images
Employers willing to pony up for in-office work, Robert Half says
Companies are offering return-to-office premiums of up to 20% for new hires, the consulting firm’s recent managers’ survey found.
By Ryan Golden • Oct. 31, 2024 -
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More than half of older US workers say ageism hinders their hiring
Few workers over age 50 feel optimistic about their job search in coming months, a new report shows.
By Carolyn Crist • Oct. 30, 2024 -
Sturti via Getty Images
Growth mindset culture drives workplaces forward, report says
While executives think they lead growth mindset by example, more than half of workers surveyed said they don’t see evidence of that.
By Laurel Kalser • Oct. 25, 2024 -
Weedezign via Getty Images
Few mid-career and older workers use AI at work — yet
Many employers are offering some form of training support for workers using AI, including both formal programs and informal resources.
By Carolyn Crist • Oct. 24, 2024 -
RiverNorthPhotography via Getty Images
FTC appeals Texas noncompete ban decision to 5th Circuit
This marks the commission’s second such appeal in as many months.
By Ryan Golden • Oct. 23, 2024 -
Anna Moneymaker via Getty Images
The ILA strike is over. What should shippers prioritize now?
While the strike was short-lived, it could take weeks to clear cargo backlogs and bring ports back to normal operations.
By Alejandra Carranza • Oct. 14, 2024 -
Courtesy of Stellantis
Stellantis files multiple lawsuits against UAW
The automaker claims the union filed “sham” grievances and publicly misrepresented parts of the collective bargaining agreement.
By Haley Cawthon • Oct. 8, 2024 -
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Nearly half of emerging leaders say they struggle to manage workplace conflict
Managers tend to recognize this weakness in themselves, and effective training could help them address concerns and build better teams, DDI says.
By Carolyn Crist • Oct. 7, 2024 -
Spencer Platt via Getty Images
ILA port strike ends through tentative deal
The agreement, which extends the parties’ master contract, comes three days after a strike commenced at East and Gulf Coast ports.
By Alejandra Carranza • Updated Oct. 3, 2024
