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Although experts have pointed to a weakening economy, high inflation and layoffs as signs that the job market is drying up, the slight dip in unemployment finds a softer landing.

Masayoshi Son, founder of SoftBank, had suggested that the company would need to take cost-cutting measures after the Vision Fund posted a $21.6 billion quarterly loss.

What this means is that supporting the employee experience must utilize new strategies, of which must keep the workers’ wellbeing a top priority.

By providing a path for workers to upskill and advance their careers, employees are more likely to stay on at that company.

According to the company’s data, stays of 28 or more days now take up one-fifth Airbnb’s business following its commitment to a work-from-anywhere policy.

The data shows that 23% of hybrid workers in the U.S. “strongly agree” that they feel bonded to their company compared to 20% of overall employees.

Taiwan-based ASE Technology Holding, a chip supplier to Apple, announced that it would be creating a new smart factory in order to help accelerate the pace of production.

GM employees received a message from company leaders stating that they would be required to return to the office three days a week this year.

The Fourth Industrial Revolution focuses on new technologies taking over jobs of the past, while humans advance and upskill to work alongside these tools.

A whopping 71% of employees say that their wages have not kept up with the pace of inflation in July, up from the 58% who said so in February.