Fred Wang is a student at Harvard Law School.
In today’s News & Commentary, unemployed workers are taking longer to find jobs, Amazon is under investigation for potentially misleading investors about workplace safety, and how tech layoffs are affecting different generations of workers differently.
Unemployed workers are taking longer to find jobs, the Wall Street Journal reports. In April 2022, 526,000 unemployed workers had been out of a job for 3.5 to 6 months. That figure rose to 826,000 workers in December, per Labor Department estimates. This is because companies have started “dialing back on hiring last year, in part reflecting heightened uncertainty in the face of Federal Reserve interest-rate increases.”
Amazon is being investigated by the federal government for potentially misleading investors about the company’s safety record, the Wall Street Journal reports. The Manhattan U.S. Attorney’s Office is seeking documents on Amazon’s labor practices, under a federal law regulating wrongdoing that impacts banks. At the same time, the company is also under investigation by the Labor Department for workplace-safety violations. The Labor Department has already cited Amazon for not adequately reporting injuries at six of its warehouses.
Layoffs in the tech industry are a rude awakening for young workers, but not older ones, this New York Times report explains. This generational divide reflects the simple fact that older workers have more experience dealing with a cyclical crash. Millennial and Generation Z employees (born between 1981 and 2012) started their tech careers when tech companies were “conquering the world and defying economic rules.” But baby boomers and Generation X members (born between 1946 and 1980) have already lived through the dot-com crash.
Daily News & Commentary
Start your day with our roundup of the latest labor developments. See all
October 13
Chicago hotel workers remain on strike; a coalition of Democratic states sues the Labor Department over canceled unemployment insurance grants; the Federal Labor Relations Authority establishes a new mediation framework for federal worker disputes.
October 12
Workers at the Obama Foundation begin organizing; MLB submits its latest collective bargaining agreement proposal; Brigham & Women's nurses postpone strike.
October 11
UAW President Shawn Fain succeeds in his reelection bid, and Spanish unions call for a general strike.
October 9
DHS proposes a $100k fee for the foreign grad employment program; Trump suspends tech company access to green card program; and private equity perpetuates poor working conditions for home care workers.
October 8
NLRB judge finds UPS unlawfully restricted union insignia; Harvard graduate workers authorize second strike; OSHA orders Union Pacific to pay $300,000 in damages in whistleblower case.
October 7
DOL scraps plan to remove decades-old wage-and-hour guidance from federal regulations; New York enacts personnel records access law; Starbucks loses bid to dismiss Workers United trademark suit.