Labor

Labor union, construction workers

Fed Vice Chair Fischer Talks Labor Participation and Mobility

Outside of Chair Janet Yellen, the Federal Reserve's Vice Chairman Stanley Fischer is one of the most closely followed people in the financial markets. Speaking at the Convocation for the ...
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GM logo

Union OKs GM Canada Contract, Fiat Chrysler Next Up

Just a week ago the Canadian division of General Motors Co. (NYSE: GM) reached a tentative four-year contract agreement with the country's autoworkers union, Unifor. Union members voted on and ...
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GMC Sierra pickup

GM, Canadian Labor Union Reach Deal; Ford and Chrysler Next

Negotiations between General Motors Co. (NYSE: GM) and the company's Canadian autoworkers union, Unifor, led to a tentative deal just as the clock ran out Monday night. Some 4,000 GM ...
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Help wanted sign

Seasonal Hiring Ramps Up With Kohl’s Announcement

Kohl's Corp. (NYSE: KSS) announced Monday morning that the company plans to hire more than 69,000 seasonal employees for the 2016 holiday shopping season. Last week Target Corp. (NYSE: TGT) ...
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Wind Turbine Technician

Wind Turbine Service Technician Is Fastest Growing Job in America

The need for wind turbine service technicians will grow 108% between 2014 and 2024 to reach a total of 9,200 jobs nationwide, according to the 24/7 Wall St. analysis of ...
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Farming

California Just Passed a $1 Billion Tax on the Whole Country That No One Noticed

Special from ZeroHedge The California State Assembly recently passed a bill that received minimal recognition by the press, outside of the state, but has substantial negative consequences for basically everyone ...
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Boeing 737-MAX

How Boeing Wins From Contract Between Southwest and Its Pilots

Southwest Airlines Co. (NYSE: LUV) and its pilots' union, Southwest Airlines Pilots' Association (SWAPA), reached an agreement in principle Monday on a new contract. The previous contract expired almost exactly ...
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keyboard

Only 3.7% of Intel Workplace Is Black

Despite some feeble efforts by Intel Corp. (NASDAQ: INTC) to diversity its worker base, only 3.7% of its workforce is black. This is against 13.2% of the general population. Blacks ...
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Jon's friends

Should Negative Labor Productivity Become a Political Hot Button?

As 2016 is an election year, the public is being force-fed endless rhetoric and data about what taxes are fair, how hourly wages need to rise, the wealth gap, a lack of ...
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Oil worker

Energy Industry Job Cuts Hit 195,000

Well-regarded employment research from Challenger, Gray & Christmas says the oil industry has shed 195,415 jobs. If crude stays below $40 a barrel, the trend may continue. According to the ...
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coffee shop

Less Than 50% of Workers Are Satisfied With Jobs

With unemployment at multiyear lows, it is unfortunate to see that a recent study shows only 46.9% of people are satisfied with their jobs. One of America's leading business research ...
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Happy Business workers copy

JPMorgan to Boost Pay for 18,000 Workers

Megabank JPMorgan Chase & Co. (NYSE: JPM) announced Tuesday morning that beginning next February the bank will begin to raise wages for about 18,000 hourly full- and part-time employees. Depending ...
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Five dollar bill

Starbucks Raises Lack Detail, Bolster CEO Image

The chairman, chief executive and founder of Starbucks Corp. (NASDAQ: SBUX), Howard Schultz, often makes public proclamations about issues, from gun lovers in his stores to race relations and the presidential elections. ...
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pocket money

Washington DC Approves $15 Minimum Hourly Wage

The Washington, D.C., city council on Tuesday approved unanimously a measure to raise the city's minimum hourly wage to $15 by 2020. The city joins with California, New York and ...
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Manufacturing

The Baffling Trends of Lower Productivity and Higher Labor Costs

One key component of growth, which ends up driving gross domestic product (GDP), is the nonfarm productivity reading, followed by unit labor costs. The second look at first-quarter productivity was ...
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