Worker Exodus

American Workers
Job Market
Worker Exodus

IBM Emails Show Millennial Workers Favored Over ‘Dinobabies’

(Bloomberg) — IBM executives discussed in emails how to force out older workers and derided them as “Dinobabies” who should be made an “Extinct species,” according to a court filing in an age discrimination case against the company. The communications show “highly incriminating animus” against older employees by officials who at the time were in […]

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American Workers
Great Resignation
Worker Exodus
Working From Home

The Great Resignation is coming to decimate the ranks of middle management. The C-Suite should be worried

It’s hard to overstate the impact a proactive, insightful manager can have on a business — and its employees. At a time of unprecedented turnover, feeling connected to, respected by, and engaged with one’s manager is vital. Not to mention, recent research from analytics company Visier shows that highly effective managers drive 48% greater profits […]

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American Workers
Income Raise
Labor Shortage
Worker Exodus

Which American Workers Have Gotten the Biggest Raises?

Workers in restaurants, bars, hotels, or what is also called the “accommodation and food services” sector, saw the sharpest rise in average weekly wages in the April to June quarter of 2021, compared to any other sector of the U.S. economy. Those numbers, however, might be a tad misleading as they’re a year-over-year comparison and many of […]

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Labor Shortage
Worker Exodus

'Desperate for workers': Can this minimum wage increase help stem the US worker shortage?

In normal times, the prospect of minimum wage increases in states and cities around the country would bring a cascade of appreciation from worker advocates and a chorus of howls from employers. These have clearly not been normal times. The prospect of 21 states and 35 cities and counties raising their minimum wages on or […]

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Great Resignation
Worker Exodus

Exxon to Shutter Two Houston Office Towers After Worker Exodus

(Bloomberg) — Exxon Mobil Corp. plans to close two Houston-area office towers after a raft of of unprecedented job cuts and employee departures over the past year and a half. Workers in the suburban office buildings known as Hughes Landing in The Woodlands, Texas, will relocate to the oil giant’s main Houston-area campus a few […]

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