This year’s Labor Day celebrations will be far more subdued than normal.More than 50 million Americans have filed unemployment claims since the start of the COVID-19 pandemic. And business bankruptcies are expected to rise nearly 50 percent this year. Thousands of firms — from national retail chains to mom-and-pop shops and local businesses — are struggling.
THIS LABOR DAY, WE CELEBRATE WOMEN’S WORKPLACE SUCCESS AND HONOR THE ‘ROSIES’ OF WORLD WAR IIThis unprecedented economic turmoil is pushing both businesses and workers towards a greater reliance on freelancing.
Americans are increasingly turning to these flexible jobs and choosing to become their own bosses, rather than search for a traditional 9 to 5 in a soft labor market. And one in every three companies plans to utilize more independent contractors to meet their changing needs, according to research firm Gartner.
As we honor the nation’s labor force, it’s impossible to ignore