Free Republic

Private companies added an estimated 127,000 jobs in November, a sharp slowdown from October and the lowest monthly gain in nearly two years, according to a new ADP jobs report. The estimate, which does not include public sector jobs, fell from 239,000 private jobs added in October and marks the latest sign of a cooling labor market as the Federal Reserve rapidly raises interest rates. Private companies added 357,167 monthly jobs on average last year, a steady pace spurred by the nation’s pandemic recovery that has since slowed amid the central bank’s monetary tightening, which is aimed at lowering inflation....

U.S. job openings dropped sharply in August, according to Labor Department data released Tuesday, falling at the fastest one-month pace since March 2020. Businesses still hired employees at a steady pace and kept layoffs near historic lows in August, according to the Job Openings and Labor Turnover report. But firms also cut back their postings for open jobs, a possible sign of businesses bracing for an economic slowdown. The number of open jobs listed in the U.S. fell from 11.2 million in July to 10.1 million in August, a decline of 1.1 million job openings, according to the Labor Department....

On Wednesday’s broadcast of MSNBC’s “Way Too Early,” Rep. Debbie Dingell (D-MI) stated that one issue contributing to the national baby formula shortage is that “we’ve got a hiring crisis in this country.” And as a result, “FDA is having a difficult time hiring some of the people that they need.” Dingell said, “Well, some of us are introducing a bill that is going to invoke the Defense [Production] Act. Because we do believe that this is a crisis and we need to move everything we can to get going. As that Abbott plant reopens, there [are] some disturbing reports…so...

A group of Apple employees have accused the big-tech giant of racism over its push for corporate workers to return to the office, saying that the shift back to an in-person model will make the company 'younger, whiter, [and] more male-dominated.' The employees, organized under the newly-formed group Apple Together, petitioned the company on Friday in an open letter after CEO Tim Cook told staffers that they would need to work from the office one day a week starting on April 11, two days per week after three weeks, and three days per week after May 23. They wrote that...

Liberal bias among prominent news outlets has been well-known for decades. As a consequence, there has been a mass exodus of conservatives away from "legacy media" outlets such as the New York Times, CNN, and the Washington Post to right-leaning news sources including Fox News, the Daily Wire, and the Federalist. Unsurprisingly, this mass migration has also led to partisan splits as to how trustworthy the public views mainstream media: a summer 2021 poll by Pew Research indicates that 78% of Democrats trust the national news media, compared to just 35% of Republicans. Meanwhile, growth among right-leaning news outlets has...

Lack of representation in corporate boardrooms is not because of mythical white privilege. It is due to the breakdown of the black family.We haven’t yet reached the spectacle in which woke workplace zealots demand that NBA teams suit up at least one black, one white, one Asian, and one Hispanic player in their starting line-ups, but some private workplaces are coming close. The human resources protocols of one of the world’s largest financial investment firms are taking woke quotas to a surreal new level.According to the Times of London, hiring managers at State Street Global Advisors will need to seek...

Besides the strong headline print today of 531K, which came above 10 of the 75 forecasts in the Bloomberg economist survey, the other notable highlight was the dramatic prior month revisions which saw the Sept print revised from 194K to 312K, while August rose from 366K to 483K resulting in a combined 235,000 upward revision for the two prior months. This shouldn't come as a surprise: last month, when looking at the dismal 194K (pre-revision) September print, we said that "next month the BLS will revise its seasonal adjustment model to account for the easing in the pandemic, and reverse...

Job openings in the United States surged to a record high of more than 10 million in June, while hiring lagged behind that figure by over 3 million, painting a picture of an economic recovery held back by a labor shortage as businesses struggle to find workers.The Labor Department’s Job Openings and Labor Turnover Survey (JOLTS), released Aug. 9, showed that the number of job vacancies jumped by 590,000 to 10.1 million on the last day of June, led by gains in professional and business services, retail trade, and accommodation and food services.“This is by far the record amount of...

There was a glaring contradiction in today's jobs report which on one hand indicated an impressive gain in payrolls (measured by the Establishment survey), which rose 850K in June, and well above expectations, while on the other hand, the number of employed people (measured by the Household survey) actually declined by 18K to 151.602MM. While we assume this discrepancy was due to seasonal adjustments in the Establishment survey and will be revised in coming months, we take a look at the job sectors that moved the most in the month of June.In keeping with tradition, one of the biggest jumps...

PwC announced a $12 billion plan to hire an extra 100,000 people between 2021 and 2026.About 10,000 of these hires will be Black and Latinx students, it said Tuesday.The firm said it wanted to focus more on environmental, social, and governance advice to clients.See more stories on Insider's business page.PwC is spending $12 billion on a new plan to hire 100,000 people over the next five years."The New Equation" plan, announced on Tuesday, is set to pump money into recruitment, training, and technology at the firm, and focus PwC on giving clients more environmental, social, and governance advice, the company...

U.S. job openings rose in April to a fresh record high, along with the number of people who voluntarily left their jobs, underscoring fervent labor demand and turnover as businesses emerge from pandemic-related restrictions and the economy strengthens. The number of available positions climbed to 9.3 million during the month, the highest on data back to 2000, from an upwardly revised 8.3 million in March, the Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS, showed Tuesday. The increase in vacancies was broad. The number of people who voluntarily left their jobs increased to 4 million in April, while...

As small businesses complain that it has never been harder for them to hire workers according to a recent NFIB survey, many are facing growing pressure to survive. As the American economy continues to reopen, some fear it might not happen soon enough to save thousands of small businesses. Data from Alignable’s June Revenue Poll shows that 35% of all small business owners are still at risk of closing permanently by the end of the summer. Among the 3,772 small business owners in the 10 days ended June 1, Alignable’s June Revenue Poll showed a myriad of factors – including...

Hoping to get a job with an airline as travel picks back up? You’d better get your shot. At one airline, at least. Delta Air Lines CEO Ed Bastian said on Thursday that the airline will require all new hires to be vaccinated against COVID-19. Bastian’s comments came during an interview with Richard Quest on CNN. Existing employees will be encouraged to get the jab, but will not be penalized if they choose not to, Bastian said. “I’m not going to mandate and force people if they have some specific reason why they don’t want to get vaccinated,” Bastian said....

Kiran Ahuja, President Joe Biden’s nominee to lead the Office of Personnel Management, has said her goal is to free "black queer and trans people" from the "daily trials of white supremacy." If confirmed, Ahuja would help set hiring standards and coordinate diversity training across the entire federal government. Until her February nomination, Ahuja was the CEO of Philanthropy Northwest, a nonprofit that offers "diversity, equity, and inclusion-focused programs" to philanthropic foundations. In a blog post written last year on Philanthropy Northwest's website, Ahuja pledged to play a "vocal role in our country’s eternal battle for racial equality." The post...

The business world’s discrimination against anything “Trump” has reached an epidemic level, touching former aides to the president, anybody pictured near the Jan. 6 Capitol protest, and now those who endorsed him on social media posts. A new survey of hiring managers provided to Secrets found that backing Trump on social media is the top reason to reject a job applicant. The apparent reason: Human resources departments want to avoid “tiffs” between employees. “Likely to avoid future office tiffs, a significant portion of hiring managers admitted to negatively judging candidates based on the political content posted. For 27% of hiring...

The U.S. Department of Justice is investigating SpaceX over whether the company discriminates against non-U.S. citizens in its hiring practices and said Elon Musk’s company is stonewalling a subpoena for information, court documents revealed Thursday. The DOJ’s Immigrant and Employee Rights Section received a complaint of employment discrimination from a non-U.S. citizen claiming that the company discriminated against him based on his citizenship status.

WASHINGTON—The U.S. labor market made a stunning comeback in May, beating expectations by 10 million jobs. As states begin to reopen, business owners are turning more optimistic about the future, signaling that the pandemic-induced recession may be short-lived. The U.S. economy added 2.5 million jobs last month as states started to ease lockdown restrictions. The strong employment numbers shocked economists who had forecast nearly 8 million job losses in May. The jobless rate dropped from 14.7 percent in April to 13.3 percent, well below the consensus estimate of nearly 20 percent. The significant upswing in employment suggests that the U.S....

Walmart has a steady workforce of full-time and part-time workers helping meet the every day needs of its customers. As part of responding to the current environment, Walmart is also hiring 150,000 new associates through the end of May to work in stores, clubs, distribution centers and fulfillment centers. These roles will be temporary at first, but many will convert to permanent roles over time. Walmart is also implementing a new process to dramatically expedite hiring for key roles, such as cashiers and stockers. What is usually a two-week application cycle will be reduced to a 24-hour process. Anyone interested...

Tom Brady is a now free agent, but the NFL player doesn’t have the same worries as millions of Americans over 40. Workers over 40 are only about half as likely, or less, to get a job offer than younger workers if employers know their age, according to research released this week that was conducted by economics professor David Neumark at the University of California, Irvine. The data was adjusted for differences in skills, fit and availability. Key to the study was a major change that a company made to its hiring systems. Previously all applicants at a national restaurant...

Seventy years ago the University of California introduced a loyalty oath, requiring employees to swear they were “not a member of the Communist Party.” After a contentious period in which 31 faculty were fired for refusing to sign, the requirement was reconsidered. An eventual consequence was the current Standing Order of the Regents 101.1(d): “No political test shall ever be considered in the appointment and promotion of any faculty member or employee.” This is a statement of principle. No one will be denied a position at the University of California based on political beliefs. No communist, no conservative, no progressive,...