Labor

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

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

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

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

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

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

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?

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

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

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

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

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?

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

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?

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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