Thursday, July 29

Employment

Economy, Employment, Jobs, labor shortage, Restaurants, Retail, Weekend BI UK, Work

Some restaurants are temporarily closing because they can’t find enough workers. One said diners have gotten ruder amid the labor shortage and even made staff cry.

Some restaurants are temporarily closing or cutting their hours because of the labor shortage. One opened for an hour less each day after staffing fell by nearly 50% compared with normal years. A third of former hospitality workers said in a Joblist poll that they won't return to the industry. See more stories on Insider's business page. Some restaurants are cutting down their opening hours or temporarily closing for days on end because they simply can't find enough workers to serve diners, amid the huge labor shortage hitting the hospitality industry.One even shut down for a day after rude diners swore at staff and made them cry.C...
Economy, Employment, Fast Food, Jobs, labor shortage, Papa John's, restaurant, Retail

Papa John’s is giving its pizza makers bonuses of up to $400, as restaurants cling onto staff in the labor shortage

Papa John's is handing out bonuses of up to $400 to many of its employees. Existing staff can get up to $400 in increments, and $50 for referring a new hire. Staff at corporate-owned restaurants are eligible. It didn't say how it would decide exact bonus amounts. LoadingSomething is loading. ...
Economy, Employers, Employment, Job Openings, Jobs, Layoffs, Pandemic, Retail, united states

The number of Americans laid off from their jobs hit a record low in May, as companies cling onto their workers during the crippling labor shortage

The number of people being laid off in the US hit a record low in May, jobs data revealed. It suggests companies are keeping hold of their staff amid the huge labor shortage. Many companies are struggling to find staff, and have been raising wages as a result. See more stories on Insider's business page. The number of layoffs in the US hit a record low in May, jobs data from the Bureau of Labor Statistics (BLS) showed.It's a sign that companies are clinging onto their workers during a severe labor shortage.The layoffs and discharge rate dropped to 0.9% in May, according to the BLS report released Wednesday, a record low dating back...
Economy, Employment, Hospitality, Jobs, labor shortage, Leisure, Restaurants, Retail, Unemployment, Work

A third of former hospitality workers say they won’t return to the industry because they want higher pay, better benefits, and a new work environment

A third of former hospitality workers say they won't return to the industry at all, per a survey by Joblist. They want better pay and benefits than the industry can offer, they say. Hospitality pays less than other industries, but the labor shortage is forcing companies to push wages up. LoadingSomething is loading. ...
Careers, Data, Economy, Employment, Remote Work

Remote jobs in the US are becoming accessible to more people, with a growing number of postings not requiring a college degree

4% of US job postings in May were for remote roles not requiring a college education. According to a Quartz analysis of LinkedIn data, customer service and admin roles are going remote. The uptick reflects greater desire for working remotely. See more stories on Insider's business page. The number of remote roles that don't require a college education has increased. In May just under 4% of all US job postings were for remote roles that don't require a college education. This figure is up from 0.6% of all roles for the same period last year, according to Quartz, which has seen LinkedIn data. Some of the roles that have proven most p...
Checkers, Economy, Employment, Fast Food, Food, Jobs, labor shortage, Retail

A restaurant owner says raising wages to $15 would solve her labor shortage — but she’d have to hike menu prices. Instead, she’s turning to automated drive-thrus.

To avoid hiking menu prices in the labor shortage, a Checkers franchisee is rolling out voice-recognition drive-thrus. She told The NYT that $15 wages would attract more staff, but would make meals more expensive. Shana Gonzales, who owns four restaurants, said technology was an "assistant" for staff, not a replacement. See more stories on Insider's business page. A fast-food franchisee says she's turning to automated drive-thrus to solve her labor shortage, rather than offering a $15 hourly wage to attract new staff.Shana Gonzales, a Checkers franchisee who owns four restaurants in the Atlanta area, told The New York Times that sh...
Economy, Employment, Jobs, Software developer, software development, Strategy, Tech, Tech Insider, Tech Jobs, Weekend BI UK

A Disney dancer, a chef, and a bartender quit their jobs to become software developers. They say it offers flexible working and better security during uncertain times.

Three workers told Insider why they started new careers in software development during the pandemic. A former bartender said the pandemic made him realize how little time he spent with his wife. An ex-chef still does part-time restaurant work to "scratch that itch" to work in a kitchen. See more stories on Insider's business page. Massive lay-offs, remote working, and caring responsibilities have forced thousands of Americans to consider switching their careers during the pandemic.Some were forced out of their roles because their employers downsized or even shut down during the pandemic. Others have been "rage quitting" in search o...
Biden, Economy, Employment, Jason Furman, Jobs, Labor, Labor Market, Markets, Obama, Peterson Institute for International Economics, Politics, Unemployment, Unemployment benefits, Wages

Only about 2 out of 10 people are leaving unemployment for work. It should be at least 3 out of 10, former Obama economists say.

Former Obama economists Jason Furman and Wilson Powell III said only 24% of the unemployed are returning to work. One would predict 34% would return, they wrote, resulting in 1 million more unemployed finding jobs per month. They said the shortfall is likely temporary and comes down to unemployment benefits and health concerns. LoadingSomething is loading. ...
25 GOP-led states and one Democratic state are cutting $300 weekly federal unemployment benefits. Here are the 26 states making the cut this summer.
Alabama, Alaska, Arizona, Arkansas, Asa Hutchinson, Back to work bonus, Biden stimulus, brian kemp, Chris Sununu, Democrats, Doug Burgum, Doug Ducey, Economy, Employment, enhanced unemployment insurance, eric holcomb, Florida, Georgia, Greg Abbott, Greg Gianforte, Henry McMaster, Hiring bonus, Idaho, Indiana, Jim Justice, Jobs, Joe Biden, John Bel Edwards, kay ivey, Kevin Stitt, Kim Reynolds, Kristi Noem, Louisiana, Markets, Mike DeWine, Mike Dunleavy, Mike Parson, Mississippi, Missouri, Montana, Nebraska, New Hampshire, Ohio, Oklahoma, Pete Ricketts, Policy, Politics, Republicans, Ron DeSantis, South Carolina, South Dakota, Spencer Cox, Tate Reeves, Tennessee, Texas, Unemployment benefits, Utah, West Virginia, Wyoming

25 GOP-led states and one Democratic state are cutting $300 weekly federal unemployment benefits. Here are the 26 states making the cut this summer.

Alabama Gov. Kay Ivey. ...