Jobs

Domino’s Pizza cited an ongoing nationwide labor shortage as a key obstacle after the company posted its first quarterly sales decline in more than a decade on Thursday.

Domino's Pizza said Thursday that staffing issues have taken a toll on the company's orders

More than a year and a half into the pandemic, the U.S. is still missing around 4.3 million workers. Many have dropped out of the workforce permanently, leading the labor force participation rate to drop.

The number of Americans filing for unemployment benefits dropped to a new pandemic low last week, dipping below 300,000 for the first time since March 2020.

However, a vast majority of the union members, about 90%, rejected a tentative agreement reached by the union and John Deere earlier this week even though it would have delivered 5% raises to some workers and 6% raises to others.

Optimism about the U.S. economy's recovery from the coronavirus pandemic is fading as it faces mounting headwinds from both a labor shortage and supply chain disruptions, according to a survey of American CFOs.

The dispute between the Kellogg Company and the union involves an assortment of pay and benefit issues such as the loss premium health care, holiday and vacation pay and reduced retirement benefits.

Despite improving conditions and 1.3 million jobs being added to the market by the end of 2021, many Americans will still be out of work, according to a Goldman Sachs analysis.

The White House is reviewing solutions to the trucker shortage as it looks to solve the supply chain crisis gripping the nation.

Companies are hiring in droves in order to get ahead of the expected surge in shoppers over the next few months but filling positions hasn't been easy.

Larry Kudlow reports on labor shortages as the global supply chain nightmare prolongs.