Job openings fell from 11.2 million in December but remained high by historical standards, the Labor Department reported Wednesday.
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Posted inBusiness, Nation & World, News
U.S. adds a surprisingly strong 517,000 jobs despite Fed hikes
It was a surprisingly strong gain in the face of the Federal Reserve’s aggressive drive to slow growth and tame inflation with higher interest rates.
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Posted inTimes Record
Wayfair set to leave Brunswick Landing
Brunswick Landing’s largest employer, Wayfair, confirmed Tuesday it will not renew the lease on its last Maine office after most local employees shifted to remote work during the pandemic.
Posted inNation & World, News, Schools and Education
Major teacher exodus weighing down recovery of state, local jobs in U.S.
According to Teryn Zmuda, chief economist at the National Association of Counties, higher-paying is especially vulnerable because teachers have left the industry for higher paying private sector jobs.
Posted inBusiness
Beyond Meat executive departs amid job cuts
The company expects to fire 19% of its workforce by the end of the year.
Posted inBusiness
More companies than ever are sharing how much jobs pay
On Tuesday, California became the latest state to join a quickly growing nationwide salary transparency movement.
Posted inBusiness, Local & State, News
Maine’s unemployment rate heads toward record low
The state’s jobless rate hits the lowest point since the start of the pandemic and nears record lows set three years ago.
Posted inBusiness
Job openings eased in June, reflecting early signs of slowdown
Americans still quit at the same elevated rate as the last few months.
Posted inBusiness, Local & State
‘Making Maine Work’ report highlights new priorities of business community
This year, the shortage of entry-level workers was followed closely by high energy costs, the need for technical workers, and the need for workforce housing.
Posted inBusiness, Nation & World, News, Politics
‘Great resignation’ reaches White House with staff turnover
Not even the White House is immune from the economic trend that’s been called the ‘great resignation’ as employers struggle to fill vacancies and workers jump to new jobs at record rates.