Labor

US_Dept_of_Labor

Weekly Jobless Claims Holding Under 300,000

The U.S. Labor Department has released its weekly jobless claims, and we have another week of less than 300,000 in new claims. The trend is still lower, with claims rising ...
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Los Angeles Hotel Workers on Track for Minimum Wage of $15.37

The Los Angeles City Council is scheduled to take a final vote next week on a proposal to raise the minimum wage for workers at the city’s large hotels to ...
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Women Slam Walmart on Pregnancy Policies

Citing what they call “the illegal and unethical treatment of pregnant workers,” a group of mothers who work for Wal-Mart Stores Inc. (NYSE: WMT) met in Chicago on Wednesday to ...
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Jeff Bezos

German Workers Walk Out at Amazon Warehouses

For at least the third time in 2014, Amazon.com Inc. (NASDAQ: AMZN) has been hit by a workers walkout at its German warehouses. Workers at two distribution centers in Bad ...
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jobs

Philadelphia Fed Posts Huge Gains in Employment

The Philadelphia Federal Reserve released its Business Outlook Survey Thursday. Firms indicated that there was continued growth in the region’s manufacturing sector for September. The current activity index fell from ...
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down market

CEOs See Slower Sales, Hiring and Capital Spending

The Business Roundtable's third-quarter 2014 CEO Economic Outlook Index signal that chief executives expect growth to slow in the six months ahead. The real risk here is that they see ...
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Detroit

Are Detroit Companies Ready to Out-Hire Companies in Houston, NYC and Miami?

Is Detroit hiring really about to take off? The news flow out of Detroit was grim for longer than most major cities during the economic recovery, but a fresh report ...
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The Worst Economies in the World

After sliding for four consecutive years, the United States moved up two places for the second year in a row in the World Economic Forum’s competitiveness rankings, from fifth ...
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40-Hour Workweek Actually 47 Hours Long

Only about four of 10 U.S. workers actually work a 9-to-5, 40-hour a week job. A full 50% say they work more than 40 hours a week, and just 8% ...
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LA Minimum Wage Could Be Among Highest in U.S.

Los Angeles could become the third California city to take action on a proposal to raise its minimum wage. The city’s mayor, Eric Garcetti, is expected to announce a plan ...
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America’s Fastest Growing Jobs

After the recession wiped out millions of jobs, the American labor market has at least partially recovered. So far this year, the United States has added roughly 1.6 million jobs. ...
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Yellen Sees Negative Labor Market, Undermines Rate Hike Chances

After reciting the current reasonably upbeat data on the labor market, Federal Reserve Chair Janet Yellen reminded her audience at the Fed’s annual retreat in Jackson, Wyo., that the labor ...
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jobs

Minimum Wage Battle Not Over in San Diego

With a population of around 1.34 million, San Diego is the largest city in the United States to have passed an ordinance to raise the minimum wage beyond the federally ...
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States With Unemployment Under 5%

The national jobless rate continues to hover above 6% and, based on several government forecasts, will not drop below the 5% that marks a complete economic recovery for several years. ...
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WMT strike Black Friday 2012

Do Walmart’s Low-Paid Workers Hurt the Bottom Line?

Without giving any details, Wal-Mart Stores Inc. (NYSE: WMT) said Thursday morning that it is cutting its earnings guidance for the 2015 fiscal year as a result of “incremental investments ...
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