Employment
  • GE eases ahead in race for Alstom power assets

    GE eases ahead in race for Alstom power assets

    By James Regan and Benjamin Mallet, Reuters

    PARIS (Reuters) - Cash-strapped French engineering group Alstom said on Wednesday it would explore a $16.9 billion offer from General Electric for its energy arm while leaving the door open to a...

  • Fed shows faith in U.S. economy with bond-buying reduction

    Fed shows faith in U.S. economy with bond-buying reduction

    By Howard Schneider and Michael Flaherty, Reuters

    WASHINGTON (Reuters) - The Federal Reserve on Wednesday looked past a dismal reading on first quarter U.S. growth and gave a mostly upbeat assessment of the economy's prospects as it announced...

  • U.S. job growth jumps, but shrinking labor force a blemish

    U.S. job growth jumps, but shrinking labor force a blemish

    By Lucia Mutikani, Reuters

    WASHINGTON (Reuters) - U.S. employers hired workers at the fastest clip in more than two years in April, pointing to a rebound in economic growth after a dreadful winter and keeping the Federal...

  • China labor activist held over online "disturbance"

    China labor activist held over online "disturbance"

    By Sui-Lee Wee, Reuters

    BEIJING (Reuters) - Chinese police have placed a labor activist under criminal detention, formally accusing him of causing a disturbance after they said he distributed information online about a...

  • Low Wage Jobs Continue to Drive the Recovery

    By John Schoen, CNBC

    Millions of jobs lost to the recession have finally come back. But they're not paying nearly as well as they used to. That's the conclusion of an analysis of Bureau of Labor Statistics data by the...