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2 mins read

Putin wants to crack down on immigration after the Moscow attack. That would make the nation's labor shortage even worse.

Russia has up to 5 million migrant workers currently in the country, Bloomberg Economics estimated.

Jennifer Sor   


Business Insider Latest Story Image
3 mins read

Remember the labor shortage? Immigrants are helping to fix it.

Immigrants are responsible for almost all US job growth over the past year. They're why the labor s…

Jacob Zinkula,Andy Kiersz   


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2 mins read

A global labor shortage will send tech stocks soaring, with the sector poised to grow to 50% of the total stock market, Fundstrat says

"I think AI is really addressing a global labor shortage of roughly 80 million workers by the end o…

Matthew Fox   


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3 mins read

Hospital wait times will still be bad this year, even with labor gains

The US may be recovering from a physician shortage, but don't expect to spend less time in hospital…

Allie Kelly   


Business Insider Latest Story Image
5 mins read

A national shortage of construction workers is driving high home prices. The industry is struggling to fill the gap.

A major shortage of construction workers is bad news for homebuyers and infrastructure projects.

Eliza Relman,Madison Hoff   


Business Insider Latest Story Image
7 mins read

The forever labor shortage is pitting parents and their childfree coworkers against each other

Childfree workers are sometimes left to pick up the slack of parents. They blame their employers.

Juliana Kaplan   


Business Insider Latest Story Image
4 mins read

Schools are facing a dire teacher shortage. Less competitive pay for Gen Z and young millennials could make it worse.

A new report shows how average teacher pay in an age group compares to all workers in that group ov…

Madison Hoff   


Business Insider Latest Story Image
1 min read

Schools, hospitals, and construction: These are the jobs with labor shortages that could stick around for years

"It's easy to think that the sectors that face long-term labor shortages also face rapidly increasi…

Madison Hoff   


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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   


Eliza Relman   


Business Insider Latest Story Image
7 mins read

Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy

Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …

Juliana Kaplan   


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4 mins read

With a possible cooler labor market this year, here are 4 tips for getting a job in 2024

Three career experts share what job seekers should do if they want to get a new job this year.

Madison Hoff   


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4 mins read

The US needs immigrants to fill jobs, but can't house them. Nowhere makes this more clear than New York City.

As the US handles an uptick in asylum-seekers, pressure is mounting to solve the housing crisis.

Eliza Relman   


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1 min read

Interest rates still might not be high enough to quell inflation, Minneapolis Fed president says

Housing inflation prompts questions about how restrictive monetary policy actually is, Minneapolis …

Yuheng Zhan   


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2 mins read

Russia's worker shortage is so bad the economy is leaning on the Soviet-era practice of using prison labor, think tank says

Russia made 19 billion rubles last year from forced convict labor, according to finance ministry da…

Jennifer Sor   


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2 mins read

Russia's military is so hard up for manpower that it now pays more than the oil and gas sector

Russia is a major energy producer, and the industry's robust revenues have kept Moscow's war chest …

Huileng Tan   


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2 mins read

The US will see a recession by year-end that could spark a 30% drop in the stock market, legendary forecaster Gary Shilling says

Shilling told Business Insider that wave of layoffs could come as employers realize the economy wa…

Jennifer Sor   


Business Insider Latest Story Image
3 mins read

It's getting really hard to find a job that pays well

Job growth is booming in low-paying, traditionally female industries, but high-paying roles might b…

Juliana Kaplan,Madison Hoff   


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2 mins read

Don't feel too sorry for Gen Z — they're outpacing boomers on income and millennials on home ownership

The median 25-year-old earns a real household income of over $40,000 after taxes and transfers, mor…

Theron Mohamed   


Business Insider Latest Story Image
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