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What To Expect From The 2024 Job Market, Speedy Recruiting At Hilton And More

Jan 08, 2024 - forbes.com
The Future of Work newsletter from Forbes predicts that the economy in 2024 may experience a soft landing, with wages and raises returning to pre-pandemic norms and hiring slowing down. However, layoffs are expected to remain low after a tumultuous 2023. The newsletter also covers a new complaint against Elon Musk's SpaceX by the National Labor Relations Board (NLRB), alleging that the company unlawfully fired eight employees who drafted and shared a letter about their treatment at the company. In response, SpaceX has filed a lawsuit arguing that the NLRB is an "unconstitutionally structured agency".

The newsletter also discusses the controversy surrounding the resignation of Harvard University President Claudine Gay, the introduction of a new AI assistant key on Microsoft keyboards, and the challenges faced by the hospitality industry in rebuilding their workforces post-pandemic. It also mentions a report on alleged illegal drug use by Elon Musk, which has raised concerns among leadership at Tesla and SpaceX.

Key takeaways:

  • The job market in 2024 is expected to see a slowdown in wages and hiring, but layoffs are expected to remain low, according to economists and labor market experts.
  • SpaceX has been hit with a new National Labor Relations Board complaint alleging unfair practice charges, including the unlawful firing of eight staffers. In response, SpaceX has filed a lawsuit arguing that the NLRB is an “unconstitutionally structured agency”.
  • Harvard University President Claudine Gay's resignation has sparked controversy over diversity, equity, and inclusion efforts on campus, with some calling for the resignation of Harvard board members and others defending the importance of DEI.
  • Microsoft is adding a new key to Windows PC and laptop keyboards that will summon an AI assistant, marking the first significant change to the Windows PC keyboard in nearly three decades.
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