This audio is auto-generated. Please let us know if you have feedback.
The U.S. Department of Labor is offering money to employers who help train workers to fill critical needs, and for the first time since 2020, the percentage of CEOs who plan to shrink their workforce was higher than that of those looking to expand.
Here’s a closer look at those numbers and some of the others making headlines in the HR world.
By the numbers
5
The number of days at which employers typically cap PTO conversion and purchase programs, according to a Goldman Sachs Ayco report.
34%
The percentage of CEOs who expect a reduction in their workforce during the next 12 months, according to a report from The Conference Board.
5
The number of recent lawsuits alleging age bias that Ikea agreed to settle, according to recent court documents.
45%
The percentage of workers who said they’ve used banned AI tools at work, according to a report from Anagram, a security training company.
$30 million
The amount of funding the U.S. Department of Labor will provide to the Industry-Driven Skills Training Fund grant program to help address critical workforce shortages nationwide.
