News
Bloomberg | Microsoft to Announce Job Cuts as Soon as This Week
Microsoft Corp. (MSFT) is planning its biggest round of job cuts in five years, as the software maker looks to slim down and integrate Nokia Oyj’s handset unit, people with knowledge of the company’s plans said.
Blogs
WSJ | Quit My Job? At My Age? In This Industry?
In Monday’s Wall Street Journal, we took a look at how the collapse in job turnover has held back the economic recovery in general and the careers of young workers in particular. Even though the economy has now regained the number of jobs lost during the recession, key measures of job churn such as hiring and voluntarily quitting a job have yet to fully recover.
WSJ | U.S. Jobless Rate Closing in on Nairu Estimate
The U.S. unemployment rate is getting closer to the Federal Reserve’s estimate of the non-accelerating inflation rate of unemployment, or Nairu–a rate that is happily low, but not so low that the economy and job market risk overheating and causing inflation.
