Labor

2016 Chevrolet Cruze

GM to Close 4 Plants Temporarily After Japan Earthquakes

In a brief announcement Friday morning, General Motors Co. (NYSE: GM) said it would begin two-week closures at four North American manufacturing plants as a result of supply chain problems ...
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Worker on strike

Can Verizon Beat the Unions? Putting the Current Strike in Historical Perspective

Strikebreakers are hard at work at Verizon Communications Inc. (NYSE: VZ), some working 12-hour shifts to fill in for some 40,000 union workers on strike since April 13. Verizon is ...
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ThinkstockPhotos-115890147

Why Target Just Raised Its Minimum Wage

Target Corp. (NYSE: TGT) announced this week that it would raise the minimum wage for its workers to $10 an hour. Investors are speculating whether this is a public relations ...
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Jobless

1 Million People Still Out of Work in California

The unemployment rate in March in California was 5.4%. However, the state's labor force is so large that 1,020,019 people were out of work, according to the U.S. Bureau of Labor ...
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Oil worker

Oil Prices Whipsawed by Doha Failure, Kuwaiti Strike

Oil field workers in Kuwait walked off their jobs Sunday, cutting production from the country by 60%. The strike was timed to coincide with the producing nations' meeting taking place ...
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Worker on strike

More Strikes, Protests Demand $15 Hourly Wage

According to a report released Wednesday by the National Employment Law Project (NELP), nearly 17 million low-paid workers have seen wage increases since November of 2012. The increases are a ...
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Female patient on gurney

Health Care Costs May Be the Major Issue in the Verizon Union Walkout

Some 40,000 Verizon Communications Inc. (NYSE: VZ) union employees are walking off the job after contract negotiations between two labor unions and Verizon failed. Negotiations with the Communications Workers of ...
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U.S. Federal Reserve

Did Janet Yellen Intend to Forecast a Bad Payrolls Report for Friday?

This week was a very interesting one for the financial markets. It proved that, despite the massive selling in the first six weeks of 2016, the Dow Jones Industrial Average and the ...
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Boeing 787-10

Boeing Could Cut 8,000 Jobs in Washington

Boeing Co. (NYSE: BA) had already let it be known that it planned to cut about 4,000 jobs in Washington state, but new documents indicate that the cuts could be ...
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elderly couple

40% of Japan’s Population Will Be Over 65 in 2050

Aging populations have become part of the anxiety in many countries, which have to decide how they will support their old people and replace them in the workforce. The issue ...
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3 States Have Unemployment Under 3%

As unemployment dropped to 4.9% in February, three states had unemployment rates of under 3%. They were New Hampshire at 2.7%, South Dakota at 2.7%, and North Dakota at ...
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unemployed

Unemployment Above 6% in 6 States

The unemployment level in the United States in February was 4.9%. Six states lagged well behind that with jobless rates above 6%, which shows how uneven the rebound from the ...
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Money close-up

Women at Dow Jones Make 87% of What Men Make

Dow Jones, the publisher of The Wall Street Journal, paid its female employees 86.8% of the pay of men who held the same jobs last year. This is according to ...
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Chipotle Mexican Grill

Former Chipotle Employees Go After Company in Court

The E. coli and norovirus outbreaks at Chipotle Mexican Grill Inc. (NYSE: CMG) have been all over the business news pages in recent months. Less well-known are the company's troubles ...
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store-front-night

Should Wal-Mart Pay Workers as Much as Costco?

The push for a $15 an hour minimum wage for fast-food and some retail workers has been gathering steam for a few years now. The two chief targets have been ...
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