Daily RedAlert - 1/26/23
Relevant Press
The BLS Reports Employment in the Second Quarter Fell By 287 Thousand - Mish Talk
“From March 2022 to June 2022, gross job gains from opening and expanding private-sector establishments were 8.3 million, a decrease of 185,000 jobs from the previous quarter.”
“Eight of the top 10 “best jobs” in the U.S. this year are technology roles, according to Indeed, which conducts an annual list of the top roles for job seekers.”
Small Businesses Keep Hiring as Fed Raises Rates to Cool Economy - WSJ
“Since February 2020, small establishments—locations with fewer than 250 employees—have hired 3.67 million more people than have been laid off or who quit. Larger establishments—those with 250 employees or more—have cut a net 800,000 jobs during that time, despite some rapid pandemic-era expansions in such sectors as tech. That is according to data from the government’s Job Openings and Labor Turnover Survey.”
Troops booted over COVID vaccines would get jobs back under GOP plan - Yahoo News
“’Over 8,000 servicemembers were discharged because of the administration’s unjust COVID vaccine mandate, and many were denied the benefits of honorable service,’ said Sen. Marsha Blackburn, R-Tenn., in a statement announcing new legislation on the issue.”
Fewer Remote Work Job Listings Signal New Hiring Strategy for Businesses - Inc.
“Things have shifted since then. In December 2022, remote jobs made up just 13.2 percent of postings on LinkedIn, the Wall Street Journal reports.”
RedBalloon in the News
ICYMI: US fighting a remote work ‘tug of war’ as employees look for ‘compromise,’ expert says - Fox Business
"You don't have the water cooler, you don't have all the distractions," Crapuchettes noted of remote productivity, "but all of a sudden, you find out you're not doing the same collaboration and innovation that you have when you're in an office environment."
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