Young Chinese are ‘retiring’ in the countryside as China’s unemployment woes grate

Young Chinese are ‘retiring’ in the countryside as China’s unemployment woes grate

A girl hugging a young cattle at a breeding farm in Chongqing, China. Vcg | Visual China Group | Getty Images Fed up with China’s employment situation, young people on the mainland are retreating to the countryside. China’s Gen Z and millennials are increasingly documenting their rural day-to-day “retirement” lives on social media after declaring … Read more

500 Starbucks locations have voted to unionize

500 Starbucks locations have voted to unionize

Demonstrators protest outside a closed Starbucks Corp. location at 505 Union Station in Seattle, Washington, US, on Saturday, July 16, 2022.  David Ryder | Bloomberg | Getty Images Baristas at a Starbucks in Bellingham, Washington, became the 500th store to join the Starbucks Workers United union on Monday. Since the first location voted to unionize … Read more

This 25-year-old has one of the most fulfilling college degrees

This 25-year-old has one of the most fulfilling college degrees

Dannielle Caldwell went to Belmont University in Nashville to major in music. But once she got there, she discovered the discipline of music therapy and immediately switched her major. “I knew that I wanted to help people with music,” the 25-year-old tells CNBC Make It. After finishing her degree in 2021, she started working as … Read more

Are immigrants taking jobs from U.S. workers? Here’s what economists say

Are immigrants taking jobs from U.S. workers? Here’s what economists say

The first debate between Vice President Kamala Harris and former President Donald Trump is shown on television at the Juventud 2000 migrant shelter in Tijuana, Mexico, on Sept. 10, 2024. Immigration has been a hot topic throughout the presidential campaign. Carlos Moreno/NurPhoto via Getty Images The idea that immigration has a negative impact on the … Read more

73% of Amazon workers considering quitting after 5-day RTO mandate

73% of Amazon workers considering quitting after 5-day RTO mandate

Amazon workers have until January before they’ll be expected in corporate offices five days a week, but some aren’t expecting to stick around that long. In a recent survey of 2,585 Amazon employees on anonymous job review site Blind, 73% said they are considering looking for a new job following CEO Andy Jassy’s recent memo … Read more

New Starbucks CEO Brian Niccol commits to working with union

New Starbucks CEO Brian Niccol commits to working with union

A Starbucks worker wears a t-shirt and button promoting unionization on April 7, 2022, in Chicago.  John J. Kim | Chicago Tribune | Tribune News Service | Getty Images Starbucks CEO Brian Niccol said the coffee chain is committed to bargaining in good faith with the union that represents many of its baristas, as the … Read more

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

Fed Governor Bowman explains dissent on rate vote, says she’s worried about inflation

US Federal Reserve Governor Michelle Bowman attends a “Fed Listens” event at the Federal Reserve headquarters in Washington, DC, on October 4, 2019.  Eric Baradat | AFP | Getty Images Federal Reserve Governor Michelle Bowman said Tuesday she thought her colleagues should have taken a more measured approach to last week’s half percentage point interest … Read more

CNBC Daily Open: Vaguely reassuring Fedspeak

CNBC Daily Open: Vaguely reassuring Fedspeak

A television station broadcasts Jerome Powell, chairman of the US Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 18, 2024.  Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, … Read more

CNBC Daily Open: Fedspeak reassures markets

CNBC Daily Open: Fedspeak reassures markets

Neel Kashkari, President and CEO, Federal Reserve Bank of Minneapolis, speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 7, 2024.  David Swanson | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed … Read more

Japan is pushing a 4-day working week — but its workaholic culture makes it a hard sell

Japan is pushing a 4-day working week — but its workaholic culture makes it a hard sell

An office worker studying electronic diagrams on a computer at control-panel maker in Japan. Bloomberg | Bloomberg | Getty Images Japan has ramped up its push for companies to adopt a four-day workweek, but those efforts face steep challenges in a country famous for its workaholic culture. The Japanese government recently initiated a “work style … Read more