Jobs

Health care hiring is recession-proof

Two female technicians
Photo: Hinterhaus Productions/Getty Images

Health care hiring is driving the labor market, and it's so robust that it likely would be safe even during a recession or political upheaval, CNN Business reports.

Between the lines: No matter what happens, the population is aging and will need care.

NYT: WeWork to lay off thousands of workers

An illustration of a sinking WeWork being thrown a lifeline.
Illustration: Aïda Amer/Axios

WeWork is set to lay off at least 4,000 employees as early as next week as the company grapples with major losses that have threatened its very existence, the New York Times reported Sunday evening.

Details: About a third of the 12,500 people that WeWork employed across its global operation at the end of June would be impacted by the layoffs, NYT notes, citing two people with knowledge of the matter. One source placed the figure as high as 5,000–6,000.