You Searched For "labor crisis" and got 20 results
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3 mins read
Airlines are scrambling to fix the unsustainable crisis caused by too many cheap flights
A flood of low-priced, money-losing, economy-class seats has airlines across the industry scrambli…
Benjamin Zhang
2 mins read
Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says
Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…
Filip De Mott
2 mins read
Gen Z wants jobs that help solve the climate crisis but has no idea how to get them
Only 1 in 20 Gen Z workers have the "green" skills companies are looking for, a LinkedIn analysis f…
Catherine Boudreau
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
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
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
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
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
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
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
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
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
4 mins read
The 'peak boomer' crisis might only get worse: A fifth of Americans 50 and up have no retirement savings, and the majority are worried they won't have enough money
Many Americans headed toward retirement don't have the funds. It could contribute to the peak boome…
Juliana Kaplan,Ayelet Sheffey,Madison Hoff
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
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
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
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
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
1 min read
A toymaker says it's struggling to get its popular $15 squishy dumplings on shelves before Christmas because of the supply chain crisis and labor shortage
The supply chain crisis and labor shortages have put supplies of WowWee's My Squishy Little Dumplin…
Kate Duffy
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…