EasyJet’s chief operating officer Peter Bellew has resigned amid growing anger over flight disruption. The airline has been one of the worst hit for cancellations in recent months. It has axed thousands of flights, including many on the day they were due to depart. EasyJet chief executive Johan Lundgren said: “I would like to thank…
Job Openings and Quits Hit Record Highs as Hiring Woes Continue
May 3, 2022
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A record number of American workers quit their jobs as of the last business day in March while the number of job openings rose to an all-time high, pointing to a tight labor market as businesses struggled to hire enough workers to meet demand. The Labor Department said in its monthly Job Openings and Labor Turnover…
Job Openings Rose to 10.9 Million in December
The Labor Department has released its job openings and worker quits data for December, showing vacancies edging up to nearly 11 million while capping a year that set new records for the number of openings and the number of American workers quitting their jobs amid the “Great Resignation.” In its monthly Job Openings and Labor…
UK Minister Quits Government Over ‘Schoolboy’ Handling of Covid Fraud
A British minister quit the Government at the despatch box and marched out the chamber over what he called the “schoolboy” handling of fraudulent Covid business loans. Lord Agnew of Oulton’s resignation from his Cabinet Office and Treasury posts was described as “one of the most dramatic moments ever seen” in the House of Lords….
Here Are the Jobs Americans Are Quitting Most in the ‘Great Resignation’
A record 4.5 million American workers quit their jobs in November as part of what economists are calling the “Great Resignation.” But while Americans are quitting their jobs in droves, certain types of jobs are responsible for the lion’s share of departures. The Numbers The latest monthly round of resignations coincided with the discovery of…
Job Openings Rebound to Near-Record High in Fresh Sign of Tightening Labor Market
Job openings in the United States rebounded to a near-record high in October while the total number of people leaving their jobs edged down, delivering a fresh sign of continued labor market tightness and suggesting that the recent moderation in employment growth was due to a shortage of workers rather than falling demand. The Labor…
Bundesbank Chief Weidmann Quits Early With One Last Inflation Warning
FRANKFURT—Bundesbank President Jens Weidmann, a relentless critic of the European Central Bank’s ultra easy monetary policy, will step down more than five years early, opening the door for Germany’s new government to pick a less confrontational successor. Weidmann said he would leave for personal reasons on Dec. 31, just days after the ECB must make…
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