Labor

Hawaii’s Unemployment Rate at 2.2%, Alaska’s at 7.2%

Alaska, the 49th state to join the Union, on January 3, 1959, had the highest unemployment rate of any state in October at 7.2%. Hawaii, the 50th, which became a ...
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American Labor Market: More Jobs, Poor Pay

Among the concerns about job growth in the United States as its recovered from the Great Recession was that low-paying jobs were too large a part of the advance. As ...
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7.5% of Black Americans Remain Unemployed

The Bureau of Labor Statistics (BLS) announced on Friday that unemployment fell to 4.1% in October. By some measures, that was a 17-year low. One group that still suffers from ...
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6 Most Important Things in Business Today

Bitcoin prices rallied again. Among the reasons, according to Bloomberg: The allure of bitcoin was too much for CME Group Inc. The world’s largest exchange owner reversed course today and ...
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Tesla: Firings to Continue Until Morale Improves

Earlier this month, Tesla Inc. (NASDAQ: TSLA) announced plans to fire 250 employees at its Sacramento SolarCity office. But that does not appear to be the end of the story. ...
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The US Trucking Industry Needs Drivers, but for How Long?

For the first time since 2006, U.S. trucking companies and other industry stakeholders identified an increasingly large driver shortage as the biggest problem facing the industry. The American Trucking Associations ...
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Was Chipotle Downgraded Just Because It Overpays Its Workers?

If there is one company that has had a multitude of problems over the past few years it has been Chipotle Mexican Grill Inc. (NASDAQ: CMG). The company has suffered ...
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Millennials Most Likely to Share Their Salary Information With Others

When it comes to how much money they make, historically a taboo topic, millennials are less reluctant to share salary information than baby boomers, based on a study from personal ...
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Retailers Completing Hiring for the Holidays

There is a chill in the air, and even though Halloween is several weeks away, Americans are starting to think about holiday shopping, as retailers complete their hiring plans. The ...
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Tesla Had Some Inadequate Employees, So It Fired Them

Tesla Inc. (NASDAQ: TSLA) has been cited as one of the best places to work in the United States, particularly for employees interested in high tech. However, it is also ...
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Move to Mexico Possible If GM Canada Strike Continues

The head of Canada's striking autoworkers' union, Unifor, said Thursday morning that General Motors Co. (NYSE: GM) is ramping Mexican production of the company's popular Chevy Equinox compact sport utility ...
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GM to Close Plant for 6 Weeks, Lay Off 1,500 Workers

Citing unnamed sources, The Wall Street Journal reported this morning that General Motors Co. (NYSE: GM) will temporarily close its Detroit-Hamtramck assembly plant for the final six weeks of the ...
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US Managers Not Reluctant to Email Subordinates After Hours, Study Says

The vast majority of managers in the United States said they would contact their employees outside of work hours, unlike supervisors in many European countries where emailing subordinates after hours ...
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Japanese Automakers Built 4 Million Vehicles in the US Last Year

According to a new report out Tuesday from the Japanese Automobile Manufacturers Association (JAMA) USA, Japan-based automakers manufactured nearly 4 million vehicles in the United States last year at 24 ...
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Chevy Equinox Sales Threatened by Canada Strike

Workers at the General Motors Co. (NYSE: GM) CAMI assembly plant in Ingersoll, Ontario, walked out on September 17, idling production of the second-best selling vehicle in the GM lineup, ...
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