Labor

Careful What You Wish For: Weak May Payrolls Meet Lower Revisions for April and March

Posted: June 7, 2019 at 10:00 am

It has to be an interesting time when the stock market is hoping for slower growth and weaker economic news. That's a recipe that might just tempt Jerome Powell and ...
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Walmart Makes Move to Appeal to High School Students

Posted: June 4, 2019 at 4:52 am

Walmart Inc. (NYSE: WMT) has started several programs to draw high school students to its workforce and then help them get educations. [in-text-ad] At the cornerstone of these projects are ...
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These 2 States Have the Lowest Minimum Wage in America

Posted: May 12, 2019 at 7:34 am

Over the past several days, there has been a rise in the number of marches and demonstrations across much of the country directed toward the need for the government to ...
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US Lags in Giving Young Americans 21st Century Skills

Posted: May 10, 2019 at 12:10 pm

No one can argue that technological progress hasn't changed the lives of billions of people around the world. Rather than slowing down, the pace of technological change appears to be ...
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Uber Drivers Make Pennies as Investors Are About to Make Millions

Posted: May 8, 2019 at 8:49 am

Uber, the massive ride-sharing service, is about to go public. Its valuation could be as high as $91 billion. That will make it one of the largest initial public offerings ...
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Job Cuts Surge More Than 30% in 2019, but It’s Not All Bad News

Posted: May 2, 2019 at 8:50 am

American-based companies have announced job cuts of 230,433 through the first four months of 2019, up 31% year over year. However, the cuts slowed in April and dropped 34% compared ...
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Amazon Plans to Offer One-Day Delivery, but Is It Really Possible?

Posted: April 29, 2019 at 8:27 am

Amazon.com Inc. (NASDAQ: AMZN) has announced it will offer free one-day shipping of packages to some members of its Prime service. Over the past few days, it has faced labor ...
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McDonald’s CEO Makes an Hour What the Average Worker Makes a Year

Posted: April 26, 2019 at 8:56 am

McDonald's Corp. (NYSE: MCD) has been among the American companies that pay its workers the least. As some evidence of the ongoing pay problem at the fast-food chain, the U.S. ...
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March Payrolls and Unemployment Act as a Goldilocks Report for the Economy

Posted: April 5, 2019 at 9:50 am

It looks like the fears about the jobs market might have been misguided. All the warning signs were signaling that the jobs market strength was waning, but the Bureau of ...
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These 6 States Pay the Highest Minimum Wage, and It’s More Than Double the National Rate

Posted: April 1, 2019 at 10:02 am

More than half the states (29) and the District of Columbia have enacted minimum wage legislation setting workers' pay above the federal minimum of $7.25 an hour. Washington, D.C., currently ...
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Gender Pay Gap in US Won’t End Until 2070

Posted: March 27, 2019 at 6:45 am

Studies have shown that women in the United States make about 80% of what men do to perform exactly the same job. A new survey forecasts that will not change ...
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How Many McDonald’s Workers Will Be Pushed Out by Technology?

Posted: March 26, 2019 at 6:35 am

McDonald's Corp. (NYSE: MCD) just bought a tech company that can change store menus based on the weather, what customers might add to menu items they already have selected and ...
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March Madness Will Cost US Companies Over $13 Billion

Posted: March 14, 2019 at 9:25 am

The selection process that kicks off March Madness starts March 17. That triggers a tournament that starts with 68 teams and runs through the National Championship in Minneapolis on April ...
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Southwest Airlines vs Mechanics: How Much Is It Costing Investors?

Posted: February 20, 2019 at 10:55 am

Early Wednesday morning, Southwest Airlines Co. (NYSE: LUV) filed a statement with the U.S. Securities and Exchange Commission (SEC) raising its estimated year-over-year revenue decline in the first quarter of ...
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Why Women Don’t Get Promoted

Posted: February 13, 2019 at 10:00 am

Nearly half of all entry-level employees at U.S. companies are women. At the top of the food chain, however, less than a quarter of C-suite executives are women. For women ...
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