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You Searched For "labor crisis" and got 20 results


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1 min read

Layoffs could spike as one labor-market indicator says a recession is already here, market forecaster says

Headline job growth has been strong recently, but commentators have pointed to mixed signals in the…

Jennifer Sor   


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2 mins read

Russia is wrestling with a labor crisis — and is making it even worse by sending highly-skilled workers to war

Around 900,000 Russians have fled the country since the Ukraine invasion, causing a workforce crisi…

Tom Porter   


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1 min read

Tesla's Nordic labor crisis drags on as a Danish pension fund dumps its shares in Elon Musk's EV maker

Tesla has clashed with Nordic trade unionists in recent months, with its Swedish mechanics on strik…

George Glover   


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2 mins read

Russia's economy can't avoid a crisis forever and it's becoming more vulnerable to shocks, think tank researcher says

A researcher at the think tank CEPA wrote that the war is sapping Russia's economy, leaving economi…

Jennifer Sor   


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11 mins read

America is facing a 'fringe friend' crisis

People, especially Gen Zers, aren't forming as many casual friendships. This is leaving us all sadd…

Juliana Kaplan   


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4 mins read

Solving the looming retirement crisis means thinking differently about aging, economist says

Improved longevity means the world is facing a retirement crisis. Flexible work and a focus on sust…

George Glover   


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3 mins read

The annual cost of the burnout crisis: $2 trillion per year

A new analysis from Gallup found workers are dealing with unclear expectations, weak connections to…

Noah Sheidlower   


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2 mins read

Boeing needs a 'strong engineering lead' to clean up the fallout from its latest crisis, airline CEO says

Boeing did have a CEO with an engineering background before Calhoun was appointed in 2019. But he w…

Taylor Rains   


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4 mins read

Juliana Kaplan,Ayelet Sheffey,Madison Hoff   


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1 min read

Russian central bank hikes rates 100 basis points as Ukraine war sparks ruble crash and labor crisis

Russia raised its benchmark rate to 8.5%, marking the first increase since the immediate aftermath …

Filip De Mott   


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1 min read

Russia's war in Ukraine has drained it of labor — it lacks nearly 5 million workers this year, report says

Russia's economy was short nearly 5 million workers this year. Many skilled workers have been draft…

Filip De Mott   


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3 mins read

Just over half of Americans over the age of 65 are earning under $30,000 a year, and it shows how stark the retirement crisis is

Many American seniors are already living in poverty, and it's poised to only potentially get worse.

Juliana Kaplan   


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2 mins read

WingStop says the cost of chicken wings soared 40% in the past year

Chicken wings make up around 65% of WingStop's total sales. The chain charged customers more to off…

Grace Dean   


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2 mins read

Kroger-owned grocery chains are desperately trying to replace striking workers as employees walk off the job at the height of the holiday shopping season

Employees at Fred Meyer and Quality Food Center stores in Oregon announced a week-long strike on Fr…

Bethany Biron   


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2 mins read

Texas convenience store chain says around 13% of its products are out of stock because of manufacturer shortages

Kevin Smartt, CEO of Texas and Oklahoma chain TXB, told CNN: "We're probably averaging 6,500 to 8,0…

Grace Dean   


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2 mins read

The co-founder of a San Francisco pizza chain says he received no applications for an assistant manager, despite raising the salary to $70,000

The co-founder of Square Pie Guys told the WSJ he couldn't find an assistant manager, even after hi…

Zahra Tayeb   


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2 mins read

A German bank says it's preparing for the worst property crisis since '08 as commercial real estate distress spreads

German firm Deutsche Pfandbriefbank took steep losses on its loans in 2023, and it's bracing for an…

Phil Rosen   


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1 min read

Kate Duffy   


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2 mins read

The vice mayor of a California city is working three jobs, including one at a local restaurant, to tackle staffing shortages

Sarah Aquino is the vice mayor of Folsom and an insurance seller. Now, she's working at a restauran…

Zahra Tayeb   


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2 mins read

Amazon is starting to charge a fee for some returns amid a crisis that's costing retailers millions every year

Retailers are losing millions of dollars processing all the stuff people send back, which has made …

Avery Hartmans