Monday’s business headlines
INDIANAPOLIS (WISH) – Here’s a look at Monday’s business headlines.
Factories
U.S. manufactuers have long grumbled about labor shortages, but the past year has proven particularly frustrating.
As the pandemic pushed millions out of work, many factories were pushed into overdrive by surging demand for everything from pickup trucks to plastic bags. And yet, high jobless rates have not translated into workers flocking to open positions on assembly lines.
Factory employment is 4% below pre-pandemic levels, a deficit of 515,000 jobs.
Delta pilots
Delta canceled 74 flights on Easter Sunday, compared to five cancelations at American and one cancelation at United.
It’s expected that these operational issues will continue at least through Monday, so do not expect flights to be back to normal Tuesday.
Delta says a shortage of workers led to the cancelations.
Details from more than 500 million Facebook users have been found on a website for hackers.
The information appears to be several years old but it is another example of the vast amount of information collected by Facebook and other social media sites and the limits to how secure that information is on those sites.
Facebook says this is old data that was previously reported on in 2019, and that it found and fixed this issue in August 2019.
Jobs report
The U.S. had a blowout job report Friday.
The U.S. added 916,000 jobs , more than just about anyone expected.
Gains were strongest in leisure and hospitality, while construction soared by 110,000.