Labor

Southwest Airlines vs Mechanics: How Much Is It Costing Investors?

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

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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Strong Economy Conundrum: 1 Million More Job Openings Than Available Workers

It turns out that the jobs market can keep improving. In the Job Openings and Labor Turnover Survey (JOLTS), the Bureau of Labor Statistics (BLS) indicated that the number of ...
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Super Bowl Could Cost Businesses $4.4 Billion in Lost Productivity

The Monday following Super Bowl Sunday is the nearest thing Americans have to an unofficial national holiday. The cost to employers for workers who take Monday off comes to an ...
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LA Teacher Strike Sidelines 600,000 Students

Teachers at the Los Angeles Unified School District (LAUSD) have gone on strike to protest what they claim are classes with too many students. The United Teachers Los Angeles union ...
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Is Wage Growth a Sign of Looming Inflation?

Last Friday, the U.S. Bureau of Labor Statistics reported that real (inflation-adjusted) average hourly earnings in the United States rose by 1.2% year over year in December. That may not ...
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Flu Season Could Cost Employers $17 Billion

Flu season is here, right on time to bring headaches and misery not only to millions of people but to their employers as well. Outplacement firm Challenger, Gray & Christmas ...
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How Bad Is Ford’s European Business?

In an announcement from Cologne, Germany, Ford Motor Co. (NYSE: F) said it is beginning talks with trade unions and other European parties as the company begins to earn some ...
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Black Unemployment at 6.6%, 70% Higher Than National Average

The December jobs report was almost entirely positive. The economy added 312,000 jobs, the best performance in 10 months. At 3.9%, the jobless rate was down from 10.1% at the ...
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10 Best (and Worst) Months for Jobs Since the Recession

The new U.S. Bureau of Labor (BLS) report of monthly net job additions and unemployment showed the economy added 312,000 jobs, the eighth best month in the decade since the ...
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Lowe’s Plans to Add 65,000 Jobs

Home improvement retailer Lowe's Companies Inc. (NYSE: LOW) plans to add more than 65,000 jobs this year. The number is huge, based on the fact it employs 310,000 people today. ...
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5 Things You Have to Know Today

Minimum wage hikes at the start of 2019 will affect millions of workers across 20 states. According to NBC News: "Millions of U.S. workers will see increased pay in 2019 ...
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Gender Pay Gap Will Take 100 Years to Close According to Major Study

The gender pay gap will take 101 years to close, according to a huge study by the well-regarded World Economic Forum. In some nations, the number is much worse. The ...
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5 Most Important Things in Business Today

The former CBS Corp. (NYSE: CBS) CEO will not get severance due to sexual harassment claims. According to Reuters: CBS Corp said on Monday it has fired Leslie Moonves for ...
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Sprint Merger With T-Mobile Could Harm Workers

Sprint Corp. (NYSE: S) and T-Mobile US Inc. (NASDAQ: TMUS) have argued that their combination will create better service. As a matter of fact, the $26 billion deal will make ...
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