Labour

Tagged stories

A welder in a helmet leans over a length of steel pipework in a metal fabrication shop, sparks and a bright blue arc flaring from the seam, with welding sets, gas bottles and overhead ducting filling the workshop behind him.
The Numbers

Claims Fell to 197,000 While Tech Announced 155,126 Cuts. Check the Denominator.

Initial claims for unemployment insurance fell to 197,000 in the week ending 19 September, the Labor Department reported on Thursday, with the insured unemployment rate at 1.1 per cent. Challenger, Gray & Christmas counts 155,126 announced job cuts in technology through August, up 52 per cent on last year and 29 per cent of every cut announced in the United States. Both numbers are correct, and the reason they do not collide is the denominator.

A blue industrial robot arm working alongside automated tooling on a factory production line.
The Numbers

Four Thousand Jobs, and None of Them on the Line

Jaguar Land Rover confirmed the cuts on Monday. They are voluntary, they are salaried and management, and they are non-production. This paper said on Saturday that the thing to watch was which functions. That is the answer, and it is not the one the week's reporting had prepared people for.

Workers walking through a large distribution warehouse lined with pallet racking, captured with motion blur.
The Numbers

The Best Organising Year in Decades Still Loses Ground

Workers won NLRB elections at the highest rate in decades last year — 93,517 of them, up 19 percent. Union density is 10.0 percent, and 14.7 million members in a workforce of about 147 million. Both numbers are real. One is a flow and the other is a stock, and the arithmetic between them is unforgiving.

An open-plan office with unoccupied desks and dark monitor screens.
The Long View

The Unemployment Rate Cannot See a Job That Was Never Offered

Employment for 22- to 25-year-olds in AI-exposed occupations is down about 16 percent, and companies adopting AI have cut junior hiring by around 13 percent. Aggregate unemployment among AI-exposed workers shows no detectable rise since late 2022. All three findings are consistent, because only one of them measures a door that stopped opening.

Appliances moving along a factory assembly line.
Business

The Word in the Announcement Is Secures, Not Creates

GE Appliances is putting a billion dollars into Appliance Park in Louisville, moving dryer production from Mexico and, in an earlier tranche, washer production from China. The company says the investment secures 4,700 manufacturing jobs. The announcement was made jointly with the union.