Wolfstreet report – banenverlies in hogere regionen
Dit Wolfstreet report richt zich op het banenverlies in de hogere regionen van de arbeidsmarkt die eerst leken te ontsnappen.
Tijdens deze crisis is niet alleen de gewone man de pineut. Niet meer.
Publicatie 30 augustus
Transcriptie
The Second Wave of Layoffs is Here, Now Hitting Well-Paid Jobs
A sort of sector rotation of layoffs, and it’s not a good sign, even as millions of lower-wage workers are being hired back.
At first the job cuts hit lower-level employees at retailers, hotels, restaurants, gyms, movie theaters, and the like. At retailers alone, over one million people got sacked in April. And then retailers started trimming their corporate jobs. Then airlines, constrained by the bailout package they took under the CARES Act, offered voluntary buyouts and early retirements.
Innumerable companies have quietly laid off workers. Many companies have shut down. And all the suppliers to the industries that were hardest hit were also hit, as the problems spiraled up the supply chains.
By July, after many of these businesses – those that were still around – had already re-opened, there were over 32 million people collecting unemployment insurance.
Early on in the Pandemic, big tech companies said that they would not lay off people for now. But they slowed their hiring or stopped hiring.
So restaurants have been reopening and they’ve hired back some of their staff, though many remain closed, and a portion may never reopen in their prior form. And retailers have reopened some of their stores and rehired staff, but many stores were permanently shuttered. Gyms and movie theaters are trying to reopen under immense difficulties, as are barbers, hair salons, nail salons, and the like.
While millions of these lower-paid employees are now being brought back – and we see that happening everywhere – a whole new wave of layoffs has been building momentum. And now it’s well-paid jobs with decent benefits at big companies, including tech companies, that are being shed. We got a dose of those big-company layoffs over the past few days.
Verder lezen? Dat kan hier.
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Eerdere afleveringen van het Wolfstreet report vindt u hier.