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
May 21
UAW backs legal challenge to Trump “gold card” visa; DOL requests unemployment fraud technology funding; Samsung reaches eleventh-hour union agreement.
May 20
LIRR strike ends after three-day shutdown; key senators reject Trump's proposed 26% cut to Labor Department budget; EEOC moves to eliminate employer demographic reporting requirement.
May 19
Amazon urges 11th Circuit to overturn captive-audience meeting ban; DOL scraps Biden overtime rule; SCOTUS to decide on Title IX private right of action for school employees
May 18
California Department of Justice finds conditions at ICE facilities inhumane; Second Circuit rejects race bias claim from Black and Hispanic social workers; FAA cuts air traffic controller staffing target.
May 17
UC workers avoid striking with an 11th-hour agreement; Governor Spanberger vetoes public employee collective bargaining protections; Samsung workers prepare for an 18-day strike.
May 15
SEIU 32BJ pioneers new health insurance model; LIRR unions approach a strike; and Starbucks prevails against NRLB in Fifth Circuit.