Policyholders are filing suit, as big U.S. life insurers blame the Federal Reserve’s decision to keep interest rates lower for longer.
Source: Life Insurance Customers Push Back Over Surprise Cost Increases – WSJ
One of the state’s largest companies, Springfield-based MassMutual Financial Group, is cutting about 5 percent of its 7,200 employees.
Source: MassMutual to layoff 5 percent of workforce – The Boston Globe
Some fast-food franchisees are rethinking putting workers on part-time status to avoid having to provide them with health insurance. The business hassles are exceeding the savings.
Source: Bosses Find Part-Time Workers Can Come With Full-Time Headaches : Shots – Health News : NPR
According to the BLS’ Household Survey, while 375,000 foreign-born workers found jobs in November, a whopping 326,000 native-born Americans lost theirs.
Source: 326,000 Native-Born Americans Lost Their Job In November: Why This Remains The Most Important Jobs Chart | Zero Hedge
Interesting statistics. Just sayin’, you know?