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Labor economy
November 25, 2021
This worker got jobless benefits; Virginia wants them back
For 26 years, Ernest Ray worked at a company in southwest Virginia that made compressors, in a physically demanding job that ...
November 24, 2021
US jobless claims hit 52-year low after seasonal adjustments
The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a ...
November 23, 2021
Fed's Powell will aim to win a high-stakes bet in 2nd term
Federal Reserve Chair Jerome Powell gambled last year that his ultra-low rate policies would help revive an economy that had ...
November 22, 2021
Biden: Powell will maintain 'independence' at Fed
President Joe Biden announced he’s nominating Jerome Powell for a second term as Federal Reserve chair, endorsing Powell’s ...
November 22, 2021
Biden to keep Powell as Fed chair, Brainard gets vice chair
President Joe Biden said Monday he is nominating Jerome Powell for a second four-year term as Federal Reserve chair, ...
November 21, 2021
Cap on drug price hikes for privately insured sparks battle
Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision ...
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November 18, 2021
Scant fraud reported among U.S. rental assistance programs
After watching scammers make off with more than $20 billion in fraudulent California unemployment benefits during the ...
November 18, 2021
U.S. jobless claims drop seventh straight week to 268,000
The number of Americans applying for unemployment benefits fell for the seventh straight week to a pandemic low of 268,000. U
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November 18, 2021
MLB owners meet amid labor negotiations with players' union
New York Yankees owner Hal Steinbrenner said he voted for Major League Baseball’s proposal to lower the luxury tax threshold, ...
November 11, 2021
Biden bill includes boost for union-made electric vehicles
President Joe Biden and Democrats in Congress are looking to give U.S. automakers with union employees the inside track on ...
November 10, 2021
Heavy burden for consumers as holidays near: Soaring prices
A worsening surge of inflation for such bedrock necessities as food, rent, autos and heating oil is setting Americans up for ...
November 10, 2021
US budget deficit eases to $165B in October, down 42%
The U.S. monthly budget deficit fell in October as the government collected more taxes from individuals and corporations ...
November 10, 2021
Facebook parent Meta to remove sensitive ad categories
Facebook’s parent company Meta says it will remove sensitive ad targeting options related to health, race or ethnicity, ...
November 06, 2021
Biden's bet that economy would boost Democrats falls flat
The U.S. economy was supposed to help President Joe Biden and Democrats, but as of late it's been hurting them with voters.
November 05, 2021
S&P 500 sets seventh straight all-time high on Wall Street
U.S. stocks pushed further into record heights on Friday following an encouraging report on hiring across the country, though ...
November 05, 2021
Asian shares mostly lower after fresh Wall St records
Shares were mostly lower in Asia on Friday, with Chinese markets weighed down by concerns over property developers.
November 05, 2021
Japan labor leader vows to fight for stable, better work
The head of Japan’s largest labor federation says she is determined to listen to the voices of all workers in fighting for ...
November 04, 2021
Bank of England holds rates steady, confounding expectations
The Bank of England confounded market expectations and held U.K. interest rates steady Thursday, saying it wanted to see what ...
November 03, 2021
Deere warns striking workers not to expect better offer
Deere executives said Wednesday that the company wouldn't return to the bargaining table with striking workers because it ...
November 03, 2021
Labor secretary: Pandemic, worker vexation feed port issues
During a visit to South Carolina's Port of Charleston, the nation's ninth-busiest, Labor Secretary Marty Walsh said Wednesday ...
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