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Tech Sector Drives Record Layoffs in 2023

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According to a report published by Yahoo Finance , this surge, which was the highest since 2020, was led by high-profile tech layoffs from giants like Meta and Amazon. More specifically, the tech sector is reported to have experienced a 73% increase in job cuts — closely mirroring the record highs of 2001.

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U.S. Economy Defies Expectations With Impressive March Job Gains

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According to a report published by yahoo!finance finance , the performance growth pushed the unemployment rate down to 3.8% labor market continued to show its resilience in March with the economy adding 303,000 jobs — significantly surpassing economists’ expectations.

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Despite Continued Layoff News, Latest Data Shows Resilient U.S. Job Market

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over last year’s figure — also exceeding economist’s expectations of 4.1%, according to an analysis published by yahoo!finance. finance. The January jobs report paints a generally positive picture for the workforce, and hints at increased job security and wage growth. ADP reported 5.2% BLS’ data reveals wages increased by 4.5%

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AI Boom Fuels Office Leasing Surge In Tech Hubs

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According to a CBRE study featured by Yahoo Finance , the tech industry has reclaimed its position as the leading industry for office leasing growth in 2023, accounting for 16.5% Yahoo Finance Reports that the share of leased office spaces by the tech industry remains below its pre-pandemic peak of 22% in 2019.

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Family-Centric Policies in the U.K. are Set to Benefit Working Parents in 2024

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As reported by Yahoo Finance , the legislation extends redundancy protections to those on maternity, paternity, adoption, and shared parental leave. The Act is a major game-changer for parents actively participating in the U.K.’s s workforce.

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New study finds that Gen Z is doing well on retirement savings

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What’s going on: A recent survey from TransAmerica Center for Retirement Studies revealed that workers aged 18-25 already had a hefty $33,000 stashed away in their retirement accounts, which is a promising sign of intergenerational retirement preparation. “Gen Z is extraordinary.

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Hilton Unveils Project H3: Extended Stays for the Modern Workforce

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What’s going on: Hilton unveiled its latest extended stay brand called Project H3, targeting traveling workers and other price-sensitive consumers, according to Yahoo Finance. Why it matters: Hilton published that Project H3 is designed to tap into the $300 billion workforce traveler market , which includes traveling nurses, military (..)

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