Traders work on the floor of the New York Stock exchange during morning trading on November 10, 2023 in New York City. Michael M. Santiago | Getty Images Futures tied to the Dow Jones Industrial Average were near flat on Thursday as Friday’s all-important jobs report loomed. Dow futures dipped 3 points, trading near flat. … Read more
“It’s not just ‘the robots are coming’ and we need to hunker down and prepare for it. The choices we make along the way will determine the impacts,” Department of Labor Acting Secretary Julie Su said about AI and workers at the CNBC Work Summit. Yuichiro Chino | Moment | Getty Images Recent tough stances … Read more
United Auto Workers members rally outside Stellantis’ Ram 1500 plant in Sterling Heights, Michigan, after the union called a strike at the plant on Oct. 23, 2023. Michael Wayland / CNBC DETROIT – United Auto Workers members at Chrysler owner Stellantis have ratified a new labor contract following a historically contentious round of bargaining between … Read more
Luis Alvarez | Digitalvision | Getty Images The U.S. economy inched closer to a so-called “soft landing” after a new batch of labor data, economists said. A soft landing is a good thing: It would mean the Federal Reserve has accomplished the difficult task of taming inflation without triggering a recession. Job openings — a … Read more
Members of the United Auto Workers union picket outside the Michigan Assembly Plant in Wayne, Michigan, on Sept. 26, 2023. Matthew Hatcher | AFP | Getty Images DETROIT — Union members at Ford Motor approved a tentative agreement Friday, concluding contentious contract negotiations between the United Auto Workers and Detroit automakers. UAW-Ford workers were the … Read more
Violetastoimenova | E+ | Getty Images “Stack ranking,” a controversial system of rating employees and laying off the poorest performers, has its benefits. That’s according to a former Amazon attorney who worked for the company for almost nine years — and who says the technique has been “helpful” to his own career. Alykhan Sunderji, now … Read more
While achieving a healthy work-life balance continues to be a top priority for jobseekers, broaching this topic during an interview could tank your chances of getting hired. There is one question, in particular, you should “never” ask an employer, says Bert Bean, CEO of the staffing firm Insight Global: “What’s the work-life balance for this … Read more
Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano | Getty Images News | Getty Images DETROIT … Read more
Bill Varie | The Image Bank | Getty Images It’s been three years since the beginning of the Covid-19 pandemic, when the idea of working from home upended the office landscape for good. While some employers have decided to fully embrace a remote work environment, and experts declare that “return to office is dead,” major … Read more
United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan. Bill Pugliano | Getty Images General Motors expects new labor contracts with the United Auto Workers and Canadian union Unifor to increase its costs by $9.3 billion and add approximately $575 in costs per vehicle during … Read more
