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Some media outlets compared the 2023-2024 layoffs to the video game crash of 1983, when the US video game market collapsed due to an oversaturation of poorly made, low-quality games, causing the video game industry to enter a recession for two years. This has sparked discussions about a potential "second video game crash."
L.Tooltip Public Law (United States) 100–379. The Worker Adjustment and Retraining Notification Act of 1988 (the "WARN Act") is a U.S. labor law that protects employees, their families, and communities by requiring most employers with 100 or more employees to provide notification 60 calendar days in advance of planned closings and mass ...
JOLTS report. The JOLTS report or Job Openings and Labor Turnover Survey is a report from the Bureau of Labor Statistics measuring employment, layoffs, job openings, and quits in the United States economy. The report is released monthly and usually a month after the jobs report for the same reference period. Job separations are broken down into ...
The state also saw an increase of more than 11,000 people in the labor force month-over-month. ... Lists of SC company layoffs 2023. Below is a list of the South Carolina companies with planned ...
Jun. 18—JUNEAU — About 15,000 Alaska state employees received contractually mandated layoff notices Thursday as Gov. Mike Dunleavy said a budget that passed the House and Senate is "defective ...
A layoff notice had not yet been filed with the state, which is usually required for large-scale job cuts. In July, Prudential filed a notice with the state that it would lay off 46 employees ...
Since the start of the recession, 8.8 million jobs have been lost, according to the Bureau of Labor Statistics. [ 10] In the U.S., jobs paying between $14 and $21 per hour made up about 60% those lost during the recession, but such mid-wage jobs have comprised only about 27% of jobs gained during the recovery through mid-2012.
Compare that to the roughly 7,800 tech industry layoffs seen through the first 18 days of 2024, according to data from the tech layoff tracker Layoffs.fyi, and tech companies’ problems begin to ...