Category: employment trends

Almost 20 Percent of US Firms Plan to Fire Employees: NABE Survey

January 23, 2023
Business & MarketsCompanieseconomic recessioneconomyemployment trendsfiring employeeslayoff workersrecessionunemploymentUS
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Roughly a fifth of American companies are looking to scale down their workforce in the coming months as businesses come under pressure of low margins, with many foreseeing an economic recession, according a January survey by the National Association for Business Economics (NABE). According to the survey, almost 20 percent of respondents expect employment at…

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Unemployment Rate Drops in LA, Orange Counties

April 16, 2021
CaliforniaEDDemploymentemployment trendsjob trendsjobsL.A. CountyOrange CountyRegional-Local NewsSouthern CaliforniaunemploymentUS
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LOS ANGELES—Los Angeles County’s seasonally adjusted unemployment rate dipped to 11.3 percent in March, down from a revised 11.5 percent in February, according to figures released today by the state Employment Development Department. The 11.3 percent rate was still well above the pre-pandemic rate of 5.4 percent in March 2020. In Orange County, where seasonally…

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Mature Workforce Expected to Play Key Role in Food Industry Recovery

April 9, 2021
aging workforceCaliforniaCOVID-19employment trendshospitalitynewsomOrange CountypandemicRegional-Local NewsrestaurantsSouthern CaliforniaUS
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As Orange County’s restriction-ravaged restaurants recover from the ongoing COVID-19 pandemic, they’re expected to turn to an unexpected source for help: the aging workforce. With younger employees moving toward virtual, gig- and opportunity-driven jobs, restaurants willing to dip into the more mature pool for help may just find a golden solution to the economic recovery…

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