Labor

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Only 1% of Facebook Tech Employees Are Black

Facebook Inc. (NASDAQ: FB) management issued a report showing that only 2% of its workers are black. Among tech workers, the figure falls to 1%. The social media company's executives claim ...
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Unemployment Rate at 7% in Nevada and West Virginia

While the U.S. unemployment rate hovers around 5.5%, and America added 280,000 jobs in May, some portions of the country have not entirely escaped the tail end of the recession. ...
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Despite Lower Oil, Texas Still Adding Net Jobs

The trend of higher payrolls and job growth seen in the rest of the nation is also being seen in Texas. So far, the lower oil prices are not killing ...
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New Report Examines Wal-Mart Food Supply

The world’s largest retailer also accounts for about a quarter of all groceries sold in the United States. That gives Wal-Mart Stores Inc. (NYSE: WMT) very powerful leverage among its ...
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worker using torch cutter to cut through metal

A Mixed Yet Positive Bias Ahead of Labor Department Payrolls and Unemployment

Investors are getting a very mixed bag, albeit a positive mix, for previewing this Friday's unemployment and payrolls report from the U.S. Department of Labor. ADP acts a preview, and ...
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Google Reports 21% of 2014 Tech Job Hires Were Women

Hoping to reverse the impression that Google Inc. (NASDAQ: GOOGL) is a male-dominated culture, particularly among its tech ranks, the huge search company disclosed that 21% of its job additions ...
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education

Starbucks Signs Up 1,800 for College Education Plan

In what is a modest start to the Starbuck Corp.'s (NASDAQ: SBUX) program to pay college tuition for its "partners," 1,800 have signed up for the coffee company's joint venture ...
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Why the Natural Unemployment Rate May Now Be Lower

The Chicago Federal Reserve recently released a report showing its projections regarding the changing labor force composition and the natural rate of unemployment. What is interesting about the observation is ...
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Will McDonald’s Turnaround Plan Include More for Employees?

McDonald’s Corp. (NYSE: MCD) CEO Steve Easterbrook is scheduled to announce Monday morning the “initial steps” of his turnaround plan for the struggling fast-food giant, and a workers’ group wants ...
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oil rig

Why Schlumberger Will Fire 11,000

The announcement was simple and came as a part of Schlumberger Ltd.'s (NYSE: SLB) terrible first-quarter earnings announcement. The carnage of layoffs continues across the oil industry due to low crude ...
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Workers Seeking $15 Hourly Wage Set Strikes in 230 Cities

The strikes and protests that began more than two years ago among workers at fast-food restaurants has expanded its scope, seeking to include low-wage workers in many fields to join ...
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US Job Openings Hit 14-Year High: Almost Double the Long-Term Unemployed

The U.S. Bureau of Labor Statistics (BLS) released its Job Openings and Labor Turnover Survey for the month of February on Tuesday morning. While the look after the report may ...
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ten dollar bills

Why Analysts Are Concerned About Wage Hikes at McDonald’s

McDonald's Corp. (NYSE: MCD) finally has delivered on higher wages. The move came with instant criticism as not being enough and not covering enough workers from those who are seeking ...
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Walmart TV

The 10 States With the Most Wal-Mart Stores

Wal-Mart Stores Inc. (NYSE: WMT) has 4,953 locations in the United States. Of those, 563 are in Texas, the state with the most locations. A look at Wal-Mart store locations ...
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Hire Me!

Job Growth Gets Slaughtered in March

The U.S. Department of Labor released its March payroll and unemployment data Friday morning, and it is hard to imagine how it could have been much worse. The Labor Department ...
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