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
July 23
Ninth Circuit affirms ban of transphobic books in school; leading demographer warns of impending labor shortage.
July 22
EDNY strikes down state labor board law; D.C. Circuit applies Loper Bright to NLRB; Joint employer bill reaches the House floor.
July 21
Fifth Circuit transfers an Anheuser-Busch NLRB case to the Eleventh Circuit; a new report makes the case for tripling union membership.
July 20
New York City weighs banning horse carriages despite union opposition; public defenders go on strike; cinema workers stage walkout.
July 17
Canadian wildfires endanger rail workers; 26 Meta employees allege targeted layoffs for those on paid leave; FIFPRO pushes for more rigorous heat protections for players.
July 16
Trump's NLRB nominee set for Senate vote, federal district court grants partial win on WARN Act claims, Brigham and Women's nurses return to work.