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Workforce

The layoff process used to be abrupt: a worker learns their job has been cut and they leave the same day (sometimes with a security escort). Now, some companies are alerting employees that their roles will be eliminated months in…

Specifics of the 2024 U.S. labor market remain to be seen. However, there have been some 2023 trends to note moving into next year, including higher labor force participation, wage gains and a strong healthcare industry.

Healthcare/products companies and manufacturers, including hospitals, have announced the third-most job cuts year to date among 30 industries and sectors measured, according to new analysis shared with Becker's.

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Tommy Ibrahim, MD, who is stepping down as president and CEO of Cooperstown, N.Y.-based Bassett Healthcare Network by the year's end, spoke on Sanford Health's podcast about bolstering the future rural healthcare workforce. 

Experts estimate that the arrivals of least 10,000 foreign nurses have been postponed indefinitely by the United States' mismatched demand and supply of immigrant visas, Bloomberg reports. 

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