Compiled by SHRM Online staff
U.S. Job Growth Accelerates, Weather Cuts Into Hours Worked
U.S. job growth rose more than expected in February, which could ease fears of an abrupt slowdown in economic growth and keep the Federal Reserve on track in reducing its monetary stimulus. Employers added 175,000 jobs to their payrolls last month after creating 129,000 new positions in January, the Labor Department said on Friday.
Companies Test Plans to Cut Health Care Costs
At Walgreen, the giant drugstore chain, employees now have a much broader choice of insurers and plans. Once limited to two options, either from a local Blue Cross plan or UnitedHealthcare, workers can now choose among as many as 25 plans from five insurers, depending on where they live, including Kaiser Permanente, the well-known California-based H.M.O.
New York Times
Ford Shifts Some Jobs From Mexico to U.S.
For all the automaking jobs shifting to Mexico, Ford is saying today that it's going to shift some jobs back to the USA. Production of the 2016 Ford F-650 and F-750 medium-duty trucks will move to Ford's Ohio Assembly Plant in Avon Lake, near Cleveland. Currently, Ford makes its medium-duty trucks in Mexico.
Household Wealth Rises $10 Trillion in 2013
A booming stock market and recovering home values boosted Americans' household wealth by nearly $10 trillion last year, the Federal Reserve reported Thursday. The net worth of households and non-profits was $80.7 trillion at the end of 2013, a 14 percent increase from 2012.
New Businesses Aren’t Creating Enough Jobs
Weak job market? Blame the new businesses. While new firms are still the biggest job creators, they're not hiring like they used to. New businesses have long accounted for most of the jobs created in the U.S. economy. Going back to 1993, when the Bureau of Labor Statistics started tracking the data, firms less than a year old have always been net job creators, whereas older firms have largely been job killers.
Five Ways to Fix the U.S. Job Market
Many Americans still aren't working. Friday's monthly jobs report for February is better than most expected, on a deeper level, it underscores a lot of what we've seen in previous months: An ever-smaller share of able-bodied, working age Americans have jobs
Beyond Job Titles: What Do You Really Do?
The big monthly jobs report that comes out Friday morning will have tons of numbers describing the American labor force. The numbers are helpful as far as they go, but they skip over a whole dimension of work: What it’s really like.
National Public Radio
Boeing to End Pensions for Non-union Workers
Boeing will end its pension plans for non-union employees by 2016 in an effort to curb the company's growing pension costs. The change in retirement plans will impact 68,000 workers including managers and executives, Boeing said Thursday.
The Significance of the Minimum Wage for Women and Families
I want to focus on the impact of the minimum wage on women. Let’s start with a few statistics. The typical worker earning the minimum wage is not a teenager and is not male. She is an adult woman. Adult women are the single biggest demographic group among minimum wage workers, far outnumbering teenagers of both genders and men of all ages.
New York Times
Everything Must Go: There’s a Flood of Store Closings
It may be too soon to write brick-and-mortar's obituary, but it's not looking good. Radio Shack announced Monday it will close up to 1,100 stores, or 20 percent of its locations in North America. On Thursday Staples said it will close 225 stores.
Hairy Challenge: 428 Employees Shave Heads for Cancer Charity
What started as a "silly" dare between a chief executive officer and his employee has turned into a $2.1 million donation for cancer research. The haircut challenge at Granite Telecommunications started out small, then gained momentum.
H-1B Visa Season Is Upon Us
It’s that time of year again, when employers that want to hire recent college graduates and other professionals begin to file H-1B visa petitions. The first possible start date for most H-1B employees is the first day of the federal fiscal year, October 1. Because U.S. Citizenship and Immigration Services accepts petitions up to six months before an employee’s start date, it will begin receiving H-1B petitions on April 1.
Dads Struggle to Shake Mr. Mom Syndrome
Few people still think women should just be barefoot, pregnant and in the kitchen. Men are having a tougher time shedding the stereotype that they should be the big breadwinner. While only one in four working-age people now say a woman’s primary duty is to be a full-time caretaker for her family, new research finds that nearly one in two believe a man’s primary duty is to provide financially.
Compensation, Better Roles Main Reasons for Job-Hopping
Compensation, job satisfaction and better roles are among the main reasons for employees moving jobs in the engineering, IT, financial services, FMCG and pharmaceuticals sectors, a recent study said. About 70 per cent of the surveyed employees said that compensation is the reason for changing jobs in the engineering sector.
Times of India