Labor

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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factory

Unit Labor Costs and Productivity Very Mixed, With Crazy Revisions

Economists and market watchers want to know if labor costs are truly rising or not. After all, there has been very mixed data. Now a report on second quarter non-farm productivity ...
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factory

Will Unit Labor Costs Confirm Wage Inflation Fears?

Friday morning will bring the quarterly report on nonfarm productivity and unit labor costs. With the Employment Cost Index from last week having shown a pop much higher for the ...
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Will Weekly Jobless Claims Continue to Grow?

Thursday will mark yet another Labor Department report covering weekly jobless claims. The question we and others will be asking is whether we have seen a cycle peak in jobless ...
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Will Labor Uprisings Deter New Restaurant Franchises or Hurt Sales?

The pressure for higher wages in low-cost labor has been front and center in the fast-food and casual dining industry. A recent ruling from the National Labor Relations Board (NLRB) ...
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Do Layoffs in Biotech Send the Right Message?

Investors could be facing a new future in biotech. After years and years of growth and after massive gains in recent years, is it possible that biotech giants are simply ...
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WWE Fires 7% as Business Implodes

When World Wrestling Entertainment Inc. (NYSE: WWE) reported second-quarter results this morning, the company was able to beat the consensus analyst estimate for an earnings per share loss of $0.20, ...
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WMT strike Black Friday 2012

Walmart Employees Group Cites Simon’s Leadership Failures

A labor group made up of employees of Wal-Mart Stores Inc. (NYSE: WMT) has been pushing the company for nearly two years to raise its minimum annual wage for full-time ...
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global economy

OECD Projects Slowing Global Growth, Rising Income Equality to 2060

A new study from the Organisation for Economic Co-operation and Development (OECD) projects that global economic growth will slow and income inequality will continue to rise to 2060. The "Policy ...
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As Ikea Raises Minimum Wage, Pressure Grows for McDonald’s and Walmart

Ikea is one of the world's largest retailers, with revenue of $38 billion and 130,000 employees. It also is one of the retailers and fast-food companies that recently decided to ...
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Does Facebook’s White Workforce Hurt Its Image?

Facebook Inc. (NASDAQ: FB) has a Global Head of Diversity, Maxine Williams, who is black. Its COO, Sheryl Kara Sandberg, is a woman. As a matter of fact, she is one of the ...
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The Best (and Worst) States to Be Unemployed

Late last year, the federal government allowed its emergency unemployment compensation benefits program to expire. This decision has left much of the nation’s long-term unemployed without access to unemployment insurance ...
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Family Dollar Store

America’s Worst Companies to Work For

Employees can now share their opinions about employers online. As a result, companies face new reputation risks that can affect their customers and shareholders. For the third year, 24/7 Wall St. has ...
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