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Hiring

Apple is the latest tech firm to cut staff. What do the layoffs tell us about the economy?

by Justin Ho
Aug 17, 2022
In some cases, it’s about responding to competition. In others, it’s a way of bracing for a possible economic downturn.
Apple recently laid off roughly 100 workers in its recruiting division, according to Bloomberg. It joins other tech companies that have decided to slow hiring.
Justin Sullivan/Getty Images
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How some small businesses are bracing themselves for a downturn

by Justin Ho
Aug 2, 2022
They aren’t waiting to find out whether the economy is contracting — they’re proactively preparing for it.
Whether closing down a physical storefront or holding off on new hires, some small businesses are prepping for a potential recession.
Frederic J. Brown/AFP via Getty Images
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Half of NBA teams are now led by Black head coaches

by Savannah Maher
Jun 6, 2022
But those studying the NBA say change has been slower among referees, athletic trainers and in the front offices.
Ime Udoka has led the Boston Celtics to the NBA Finals in his first year as head coach of the team.
Maddie Malhotra/Getty Images
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Will a tight labor market make it easier for formerly incarcerated people to get hired?

by Andy Uhler , Chris Farrell and Erika Soderstrom
May 30, 2022
"Second-chance hiring" is on the rise, but those with criminal records still face significant barriers to employment.
"Second-chance hiring" is on the rise, but those with criminal records still face significant barriers to employment.
Tim Boyle/Getty Images
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What a dip in productivity tells us about the economy

by Savannah Maher
May 5, 2022
For one thing, it's not helpful in the fight against inflation.
"Productivity is an escape hatch for inflation," said Sarah House, an economist at Wells Fargo.
Johannes Eisele/ AFP via Getty Images
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Another week of historically low unemployment claims confirms the job market's on fire

by Mitchell Hartman
Apr 21, 2022
Two years ago, more than 4 million people filed for benefits in a single week. This year, the number's around 180,000.
The data on recent filings for jobless benefits compares favorably with pre-pandemic levels, but nearly 2 million people were working before the pandemic who aren’t now.
Spencer Platt/Getty Images
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Philadelphia Fed president discusses "skills-based hiring" and March's rate hike

by David Brancaccio and Rose Conlon
Mar 3, 2022
"I could be supportive of a 50 basis point rise in the future — but not at this meeting," said Patrick Harker.
"I could be supportive of a 50 basis point rise in the future — but not at this meeting," said Patrick Harker.
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Hiring based on skills instead of college degrees opens up opportunities for millions

by Meghan McCarty Carino
Feb 17, 2022
As the labor market heats up, an increasing number of companies are pledging to change their approach to recruitment.
Degree inflation has made a college education almost mandatory. A hiring process based on skill could be more inclusive, and productive.
Rick Diamond/Getty Images
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As the Super Bowl looms, the NFL is roiled by claims of racism

by Andy Uhler
Feb 10, 2022
While 70% of players are Black., less than 6% of head coaches are.
Former Miami Dolphins head coach, Brian Flores, seen above on Jan. 2, filed a class-action lawsuit alleging discriminatory hiring practices in the NFL.
Silas Walker/Getty Images
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Hiring is hard. So is keeping the workers you have.

by Sabri Ben-Achour
Feb 4, 2022
As companies try to hold on to the workers they have, pay and benefits are on the up and up. That may not be enough.
In a remote work environment, employees may have fewer social connections that may otherwise make them stick around.
Prostock-Studio/Getty Images
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