Labor

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 ...
Read Full Story »
179125086

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 ...
Read Full Story »
dv1897014

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 ...
Read Full Story »
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 ...
Read Full Story »
482470659

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 ...
Read Full Story »
job_dissatisfaction_2

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 ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »
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 ...
Read Full Story »
McDonald's

McDonald’s Raises to Cost Nearly $200 Million

When McDonald’s Corp. (NYSE: MCD) announced on Wednesday that it would raise wages for 90,000 employees who work in company-operated stores, it said that by July 1, 2015, McDonald’s will ...
Read Full Story »
Big-Mac

McDonald’s Pay Hike Covers a Fraction of Employees

For the 90,000 or so employees who work in its 1,500 company-operated U.S. stores, McDonald’s Corp. (NYSE: MCD) plans to boost the average pay to $9.90 per hour on July ...
Read Full Story »
187980110

Labor Department Unemployment and Payrolls Get Curveball From ADP and TrimTabs

Friday's unemployment and payrolls report from the U.S. Labor Department just became a lot more difficult to predict. ADP posted a very weak economic report on its payrolls for March, ...
Read Full Story »
car_production_line

Will UAW Slow Auto Output?

The United Auto Workers (UAW) union agreed to adopt a two-tier pay system, even before the financial crisis of 2008, as a concession to the so-called Detroit Three U.S. automakers. Now ...
Read Full Story »
walmart-store-front-blue

Wal-Mart Is Largest Employer in 20 States

With 1.3 million employees, Wal-Mart Stores Inc. (NYSE: WMT) is the largest private employer in the United States. The company operates more than 4,500 Wal-Mart stores and nearly 650 Sam’s ...
Read Full Story »
787-8

Union Seeks Election at Boeing 787 Plant in South Carolina

The International Association of Machinists & Aerospace Workers (IAM) filed a petition Monday morning with the U.S. National Labor Relations Board (NLRB) to hold an election at Boeing Co.’s (NYSE: ...
Read Full Story »